The story of this market
The typical home in ZIP 94507 sells for about $3,191,500, or $647 per square foot.
Prices are up +14.04% from a year ago, so sellers still have some momentum. Homes take about 23 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,501 a month.
ZIP 94507 — Alamo
The 94507 housing market remains a high-demand, seller-favored environment with limited inventory and high price points. Strong year-over-year price growth and rapid sales pace reflect the area's desirability and the limited supply of luxury single-family homes.
This ZIP is ideal for affluent families and established professionals seeking large lots, high-quality schools, and a quiet, suburban lifestyle within commuting distance of major Bay Area employment hubs.
Median prices moved up 14.0% year over year.
Homes spend a median of 23 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 2.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 94507, Contra Costa County, CA
Alamo is served by the highly-rated San Ramon Valley Unified School District, known for strong academic performance and high college readiness metrics.
The area faces significant wildfire risk typical of the East Bay hills, influencing local insurance availability and premium costs.
Alamo is a largely built-out, affluent residential community with limited new commercial development, relying on proximity to major employment hubs in Walnut Creek and the broader San Francisco Bay Area.
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 primarily commute via I-680 to employment centers in Walnut Creek, Pleasanton, and San Ramon, with limited public transit options beyond regional bus services.
The area features extensive access to regional parks and trails, including the Iron Horse Regional Trail and Las Trampas Regional Wilderness, alongside upscale shopping in nearby Walnut Creek.
The rental market is characterized by high-end single-family home inventory with low vacancy pressure and steady demand from affluent professionals.
The local economy is driven by high-income residential services and proximity to the major corporate and financial hubs of Walnut Creek and the San Ramon Valley.
The area is heavily reliant on the I-680 corridor for regional access, with limited direct rail transit access within the ZIP.
Development is primarily focused on residential infill and property renovations rather than large-scale commercial expansion.
The Contra Costa County Assessor maintains property values based on purchase price and annual inflation adjustments per state law.
Parcels are subject to San Ramon Valley Unified School District taxes and various local utility and flood control district assessments.
Property insurance in this region is increasingly impacted by wildfire risk, leading to higher premiums and limited carrier availability in certain zones.
Data retrieved from US Census Bureau ACS profiles for ZCTA 94507.
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 major multi-use trail connecting communities across the San Ramon Valley.
Large regional preserve offering extensive hiking and equestrian trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.