dynamic.RE
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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −10.4% YoY. inventory, +0.0% YoY, is the number to watch.
The median listing price is down 10.4% YoY while the median home got down 9.3% bigger, so value per square foot is down 8.3%.
U.S. Census ACS characteristics for ZIP 94306 itself, not its parent county.
Renters hold 47.4% of this ZIP's 10,640 occupied households, on a median household income of $210K.
| Measure | ZIP 94306 | Santa Clara County | Difference |
|---|---|---|---|
| Median Household Income | $210K | $164K | +$46K |
| Below Poverty Level | 8.9% | 7.1% | +1.8% |
| Median Age | 42.30 | 38.10 | +4.20 |
| Total Population | 27,183 | 1,902,047 | -- |
| Avg Household Size | 2.55 | 2.82 | -0.27 |
| Owner-Occupied | 52.6% | 55.1% | -2.5% |
| Worked From Home | 34.0% | 23.9% | +10.1% |
| Mean Commute | 22.00 | 26.20 | -4.20 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.1% to 1,902,047: residents under 18 are down 2.2% and those 65 and over are up 3.0%.
County median household income is $164K, 7.1% of residents are below the poverty level, 23.9% work from home.