The 94040 housing market is very competitive. Homes in 94040 receive 2 offers on average and sell in around 9 days. The median sale price of a home in 94040 was $2.4M last month, down 11.4% since last year. The median sale price per square foot in 94040 is $1.3K, up 9.0% since last year.
In May 2025, 94040 home prices were down 11.4% compared to last year, selling for a median price of $2.4M. On average, homes in 94040 sell after 9 days on the market compared to 9 days last year. There were 58 homes sold in May this year, down from 62 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$2,436,500
-11.4% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
94040, CA
$2,436,500
-11.4%
United States
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How hot is the 94040 housing market?
94040 is very competitive. Homes sell in 10 days.
0
100
82
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 5% above list price and go pending in around 10 days.
Hot homes
can sell for about 10% above list price and go pending in around 7 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.