The 94040 housing market is most competitive. Homes in 94040 receive 3 offers on average and sell in around 10.5 days. The median sale price of a home in 94040 was $2.1M last month, up 5.8% since last year. The median sale price per square foot in 94040 is $1.65K, down 2.4% since last year.
In February 2025, 94040 home prices were up 5.8% compared to last year, selling for a median price of $2.1M. On average, homes in 94040 sell after 11 days on the market compared to 12 days last year. There were 37 homes sold in February this year, up from 26 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$2,150,000
+5.8% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
94040, CA
$2,150,000
+5.8%
United States
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How hot is the 94040 housing market?
94040 is most competitive. Homes sell in 9 days.
0
100
99
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 9% above list price and go pending in around 9 days.
Hot homes
can sell for about 18% above list price and go pending in around 8 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 94040 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 94040.
Flood Factor - Moderate
38% of properties are at risk of severe flooding over the next 30 years
Flood Factor
94040 has a moderate risk of flooding. 1,528 properties in 94040 are likely to be
severely affected
by flooding over the next 30 years. This represents 38% of all properties in 94040. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
94040 has a moderate risk of wildfire. There are 1 properties in 94040 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 94040.