95951, Hamilton City, CA

Hamilton City, CA is located in the East Bay region of the San Francisco Bay Area. The zip code 95951 has a population of approximately 36,000 people. Home prices in Hamilton City have increased significantly over the past few years, reaching a median price of $848,000 as of September 2017. This represents an increase of 116% from the median price of $378,000 recorded in March 2013.

The primary drivers behind this increase are likely attributable to several factors including strong demand from buyers and limited supply due to restrictive zoning regulations. Additionally, Hamilton City is located within close proximity to major job centers such as Berkeley and Oakland which has helped fuel demand for housing.

Despite these positive trends, there are some potential risks that could impact home prices in Hamilton City in the future. For example, if interest rates rise or if there is a significant decrease in housing demand, prices could decline significantly. Additionally, if there is a significant economic downturn or another recessionary period, home values could also fall significantly.