How much is a home worth in ZIP code 94708?

The typical home in 94708 is worth $1,635,194, based on the Zillow Home Value Index.

Are home values rising in 94708?

Home values in 94708 are down 3.0% over the past year, and up 1.2% a year over five years.

What is the typical rent in 94708?

A typical home in 94708 rents for about $4,801 a month, a gross rental yield of 3.5%.

What is the property tax rate in 94708?

The effective property tax rate in 94708 is 0.8% — roughly $13,524 a year on a typical home.

ZIP code 94708 has a population of 11,947 and a median household income of $234,923.

HousingHandbookReference data

…

U.S. ZIP Code · CA94708

Contra Costa County · San Francisco-Oakland-Fremont, CA

Typical home value

$1,635,194^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.0%
5-year / yr: +1.2%
10-year / yr: +2.9%

Relative price

vs U.S.: +475.6%
vs metro: +30.7%
vs state: +133.4%

Price history

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

The typical home in 94708 is worth $1,635,194 — 30.7% above the San Francisco-Oakland-Fremont, CA median. Over the past year, values have fallen 3.0%. Homes here rent for a typical $4,801 a month — a 3.5% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $4,801^[2]
Gross yield: 3.5%^[2]
Cap rate: 2.1%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $13,524^[3]

#Climate risk

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

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

#Who lives here

Population: 11,947^[3]
Median household income: $234,923^[3]

#Migration

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

Net migration: -4,064^[5]
Moved in: 24,964
Moved out: 29,028

Schools

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

Public schools: 2
Elementary: 2
Middle: 0
High: 0

Kensington Elementary
Elementary · Grades K–6 · West Contra Costa Unified
454 students
Cragmont Elementary
Elementary · Grades K–5 · Berkeley Unified
294 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 yield3.5%

Net yield (after ~40% expenses)2.1%

Annual rent$57,613

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$8,268

Loan principal$1,308,155

Down payment$327,039

Total interest paid$1,668,480

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 ratio2.24

Monthly cost to own$10,762

Monthly rent$4,801

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: 51st percentile^[1]
Rental yield: 60th percentile^[2]
Property tax: 74th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 94708?: The typical home in 94708 is worth $1,635,194, based on the Zillow Home Value Index.
Are home values rising in 94708?: Home values in 94708 are down 3.0% over the past year, and up 1.2% a year over five years.
What is the typical rent in 94708?: A typical home in 94708 rents for about $4,801 a month, a gross rental yield of 3.5%.
What is the property tax rate in 94708?: The effective property tax rate in 94708 is 0.8% — roughly $13,524 a year on a typical home.
Who lives in 94708?: ZIP code 94708 has a population of 11,947 and a median household income of $234,923.

#Comparable ZIPs

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

94122 vs 94708 →
San Francisco, CA
Typical home
$1,634,386
Gross yield
2.6%
94618 vs 94708 →
Oakland, CA
Typical home
$1,631,257
Gross yield
2.0%
94556
Moraga, CA
Typical home
$1,668,182
Gross yield
2.7%
94131
San Francisco, CA
Typical home
$1,675,512
Gross yield
2.9%
94129
San Francisco, CA
Typical home
$1,590,885
Gross yield
—
94117
San Francisco, CA
Typical home
$1,589,531
Gross yield
3.0%

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Pit ZIP 94708 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CA94708

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