How much is a home worth in ZIP code 94588?

The typical home in 94588 is worth $1,442,459, based on the Zillow Home Value Index.

Are home values rising in 94588?

Home values in 94588 are down 8.4% over the past year, and up 3.7% a year over five years.

What is the typical rent in 94588?

A typical home in 94588 rents for about $3,024 a month, a gross rental yield of 2.5%.

What is the property tax rate in 94588?

The effective property tax rate in 94588 is 0.7% — roughly $9,751 a year on a typical home.

ZIP code 94588 has a population of 34,328 and a median household income of $191,073.

HousingHandbookReference data

…

U.S. ZIP Code · CA94588

Alameda County · San Francisco-Oakland-Fremont, CA

Typical home value

$1,442,459^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -8.4%
5-year / yr: +3.7%
10-year / yr: +4.8%

Relative price

vs U.S.: +407.8%
vs metro: +15.3%
vs state: +105.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 94588 is worth $1,442,459 — 15.3% above the San Francisco-Oakland-Fremont, CA median. Over the past year, values have fallen 8.4%. Homes here rent for a typical $3,024 a month — a 2.5% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $3,024^[2]
Gross yield: 2.5%^[2]
Cap rate: 1.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $9,751^[3]

#Climate risk

FEMA National Risk Index ratings for Alameda County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Relatively High
Wildfire: Relatively High
Drought: Relatively Moderate
Heat wave: Relatively High
Hurricane: Not Applicable
Tornado: Relatively Moderate
Earthquake: Very High
Winter weather: Very Low

#Who lives here

Population: 34,328^[3]
Median household income: $191,073^[3]

#Migration

Household moves in and out of Alameda County over a year, from IRS tax-return data.

Net migration: -8,347^[5]
Moved in: 40,744
Moved out: 49,091

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 4
Middle: 1
High: 1

Foothill High
High · Grades 9–12 · Pleasanton Unified
2,208 students
Thomas S. Hart Middle
Middle · Grades 6–8 · Pleasanton Unified
1,165 students
Donlon Elementary
Elementary · Grades K–5 · Pleasanton Unified
729 students
Fairlands Elementary
Elementary · Grades K–5 · Pleasanton Unified
696 students
Lydiksen Elementary
Elementary · Grades K–5 · Pleasanton Unified
610 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield2.5%

Net yield (after ~40% expenses)1.5%

Annual rent$36,288

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$7,294

Loan principal$1,153,967

Down payment$288,492

Total interest paid$1,471,821

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio3.08

Monthly cost to own$9,313

Monthly rent$3,024

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 89th percentile^[1]
Rental yield: 22nd percentile^[2]
Property tax: 32nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 94588?: The typical home in 94588 is worth $1,442,459, based on the Zillow Home Value Index.
Are home values rising in 94588?: Home values in 94588 are down 8.4% over the past year, and up 3.7% a year over five years.
What is the typical rent in 94588?: A typical home in 94588 rents for about $3,024 a month, a gross rental yield of 2.5%.
What is the property tax rate in 94588?: The effective property tax rate in 94588 is 0.7% — roughly $9,751 a year on a typical home.
Who lives in 94588?: ZIP code 94588 has a population of 34,328 and a median household income of $191,073.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

94901 vs 94588 →
San Rafael, CA
Typical home
$1,427,460
Gross yield
2.4%
94115 vs 94588 →
San Francisco, CA
Typical home
$1,460,369
Gross yield
3.3%
94536
Fremont, CA
Typical home
$1,463,283
Gross yield
2.6%
94598
Walnut Creek, CA
Typical home
$1,421,401
Gross yield
2.9%
94929
Dillon Beach CDP, CA
Typical home
$1,418,420
Gross yield
—
94586
Sunol CDP, CA
Typical home
$1,468,760
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 94588 against any other ZIP — full side-by-side table.

Compare 94588 →

#Jump to section

U.S. ZIP Code · CA94588

Get more data on ZIPs like this

Get more data on ZIPs like this