The story of this market
The typical home in ZIP 94080 sells for about $1,238,084, or $850 per square foot.
Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,200 a month.
This ZIP has no home sales of its own, so its market figures come from South San Francisco, California (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 94080 — South San Francisco
The housing market in 94080 remains highly competitive with a median sale price of $1.3M and a strong sale-to-list ratio of 115%. Low inventory and high demand from the local biotech workforce continue to drive price appreciation. Note that specific figures for rent, vacancy, and historical tax data were not available at the ZIP level.
This ZIP is well-suited for young families and professionals working in the Bay Area biotech and tech sectors who value proximity to employment and outdoor amenities.
Median prices moved up 1.4% year over year.
Homes spend a median of 14 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 101% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.9% · poverty 6.8% — a stable, low-distress profile.
ZCTA 94080, San Mateo County CA
The area offers numerous educational options within the city, though specific school ratings vary by individual campus.
South San Francisco is a major hub for the biotech industry, with significant ongoing development and corporate campus expansion.
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%).
The area provides convenient access to the San Francisco employment core via major highway corridors and regional transit options.
Residents have access to a variety of parks, hiking and biking trails, a weekly farmers market, and a downtown area with boutiques and eateries.
The rental market is characterized by high demand due to the city's proximity to major employment centers and biotech hubs.
The economy is heavily anchored by the biotechnology and life sciences sectors, with numerous corporate headquarters and research campuses.
The area is served by major highway corridors and is positioned for convenient regional transit access.
Ongoing development includes significant expansion of biotech facilities and mixed-use projects.
Parcels are subject to standard county property tax assessments and various local utility and school district levies.
foreclosure_note
Data retrieved from Census Reporter and Niche profiles.
A historical landmark and growing tourist destination.
Features charming boutiques, hotels, and eateries.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 33.2% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $1,300,000 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center.