The story of this market
The typical home in ZIP 94089 sells for about $1,500,000, or $850 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,400 a month.
ZIP 94089 — Sunnyvale
The 94089 housing market remains resilient, supported by high demand from the local tech workforce despite a slight year-over-year price correction. Inventory remains tight, keeping the market competitive with homes frequently selling at or above list price. The area's strong economic fundamentals and ongoing development continue to drive long-term interest.
This ZIP is ideal for tech-sector commuters and young professionals who prioritize proximity to major employers and transit corridors. It is less suited for those seeking large single-family lots, as the housing stock is dominated by townhomes and modern apartments.
Median prices moved down 2.4% year over year.
Homes spend a median of 18 days on market with 1.4 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 101.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 5.8% — a stable, low-distress 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 8.0%/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 8.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 94089, Santa Clara County CA
Crime rates in Sunnyvale are generally lower than the national average, with property crime being the most frequently reported issue. The area is considered safe relative to other major urban centers in the Silicon Valley region.
Schools serving the 94089 area are part of the Sunnyvale School District and Fremont Union High School District, which are highly regarded for academic performance and STEM-focused curricula.
The area faces moderate risks related to seismic activity common to the Bay Area and localized flood risks in low-lying zones near the San Francisco Bay. Property insurance premiums are rising due to regional wildfire and climate-related risk assessments.
The area is a core hub for Silicon Valley tech employment, with significant proximity to major corporate campuses and ongoing mixed-use redevelopment projects. Infrastructure investment remains focused on transit-oriented development and high-density housing.
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%).
Residents benefit from proximity to major employment corridors including US-101 and SR-237, providing direct access to Mountain View, San Jose, and Santa Clara. Public transit options include VTA bus lines and nearby Caltrain stations.
The ZIP features access to Bay Trail segments for walking and cycling, as well as proximity to neighborhood parks like Fair Oaks Park. Shopping and dining are concentrated in nearby retail centers along El Camino Real and downtown Sunnyvale.
The rental market is highly competitive with low vacancy rates driven by tech-sector demand. Short-term rentals are strictly regulated by the city of Sunnyvale.
The economy is anchored by the technology sector, with major employers including global tech firms and semiconductor companies headquartered in or adjacent to Sunnyvale. The area maintains a high concentration of high-wage professional and technical services.
The area is served by a robust network of highways including US-101 and SR-237, facilitating regional connectivity. Public transit is supported by VTA bus services and proximity to Caltrain commuter rail.
Development is focused on urban infill and the conversion of older industrial sites into modern residential and mixed-use complexes.
The Santa Clara County Assessor manages property valuations, adhering to Proposition 13 guidelines for assessment caps.
Parcels are subject to various special districts including the Santa Clara Valley Water District and local school district bonds.
Property insurance availability is stable but premiums are subject to upward pressure due to regional wildfire risk and high replacement costs.
Net domestic migration in California has been negative in recent years, though Silicon Valley continues to attract high-skilled international talent.
California is primarily a non-judicial foreclosure state, with a standard notice of default and trustee sale process.
California requires comprehensive seller disclosures regarding the physical condition of the property and any known hazards.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
- California's Great America4.42.6 mi
- Happy Hollow Park & Zoo4.510.5 mi
- Children's Discovery Museum of San Jose4.69 mi
- Dave & Buster's Milpitas - San Jose4.16.6 mi
- K1 Speed Santa Clara43.4 mi
- Levi's Stadium4.42.7 mi
- Filoli Historic House & Garden4.716.6 mi
- SAP Center4.68.4 mi
- Topgolf4.22.8 mi
- Winchester Mystery House4.57.4 mi
- Westfield Valley Fair4.47.2 mi
- California's Great America4.42.6 mi
- Winchester Mystery House4.57.4 mi
- AMC Mercado 204.22.5 mi
- Happy Hollow Park & Zoo4.510.5 mi
- Filoli Historic House & Garden4.716.6 mi
- Winchester Mystery House4.57.4 mi
- Computer History Museum4.73.3 mi
- Meadowlark Dairy4.818.9 mi
- Children's Discovery Museum of San Jose4.69 mi
- Alviso Marina County Park4.52.5 mi
- The Stanford Oval4.88.4 mi
- Rancho San Antonio County Park & Open Space Preserve4.77.3 mi
- Vasona Lake County Park4.712.3 mi
- Sierra Vista Open Space Preserve4.811.9 mi
- Westpoint Harbor LLC4.711.9 mi
- Topgolf4.22.8 mi
- San Jose Municipal Golf Course47.4 mi
- Pruneridge Golf Club4.26.2 mi
- Ed R. Levin County Park4.79.7 mi
- Baylands Golf Links4.16.1 mi
- Westfield Valley Fair4.47.2 mi
- Great Mall4.36.6 mi
- Santana Row4.57.3 mi
- Stanford Shopping Center4.58.7 mi
- San Francisco International Airport4.324.6 mi
- San Jose Mineta International Airport4.45.9 mi
- Oakland San Francisco Bay Airport4.224 mi
- Elevation LVK4.322.5 mi
- The Club at SJC A154.35.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive trail system for walking and cycling along the San Francisco Bay.
Community park featuring sports fields and picnic areas.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).