The story of this market
The typical home in ZIP 94060 sells for about $1,237,500, or $995 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $3,200 a month.
ZIP 94060 — Pescadero
The Pescadero housing market remains niche and slow-moving, characterized by high price points and limited inventory. Market conditions are driven by strict coastal land-use regulations and a lack of new development, resulting in a stable but stagnant environment for buyers and investors.
This ZIP is best suited for those seeking rural, coastal isolation, such as agricultural workers or lifestyle buyers who prioritize nature over proximity to urban employment centers.
Median prices moved down 2.1% year over year.
Homes spend a median of 45 days on market with 6.2 months of supply — a balanced-paced market.
14% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 26.8% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 94060, San Mateo County, CA
Crime rates in Pescadero are generally low, consistent with its rural, isolated character in San Mateo County.
The area is served by the La Honda-Pescadero Unified School District, which provides small-scale, rural educational settings.
The region faces significant wildfire risk and is subject to strict coastal insurance requirements due to its location in a high-hazard zone.
Economic momentum is limited by strict land-use regulations and agricultural zoning, with minimal new commercial or residential development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Commuting requires long drives on winding coastal roads to reach employment hubs in the San Francisco Peninsula or Silicon Valley.
The area is defined by its proximity to Pescadero State Beach, Butano State Park, and extensive coastal hiking trails.
The rental market is thin and dominated by long-term rural leases, with very little inventory available for short-term or multi-family housing.
The local economy is primarily driven by agriculture, tourism, and small-scale retail services.
Public transit is virtually non-existent; residents rely entirely on private vehicles for transportation.
Development is heavily constrained by the California Coastal Commission and local agricultural zoning ordinances.
The San Mateo County Assessor manages property valuations, adhering to state-mandated assessment caps.
Parcels are subject to local school district taxes and various county-wide special service assessments.
Property insurance is difficult to obtain and expensive due to high wildfire risk and coastal exposure.
Net domestic migration is stable, with limited turnover due to the area's remote nature.
California is a non-judicial foreclosure state with a standard notice and redemption process.
Sellers must provide a comprehensive Transfer Disclosure Statement covering all known material defects.
Data retrieved from Census Reporter and data.census.gov ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A scenic coastal park known for tide pools and bird watching.
Features redwood forests and extensive hiking trails.
A local landmark and popular destination for agritourism.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).