ZIP Code 94805 — Richmond, CA Home Prices (2026)

The typical home in ZIP 94805 (Richmond, California) is worth about $704,000 at roughly $528 per square foot — 10% more expensive than the Richmond median and 139% more expensive than the typical U.S. home.

$704,000

Typical home value

$528

Price per sq ft

#2 of 4

Richmond ZIPs by value

+10%

vs Richmond median

How 94805 compares

ZIP 94805 is one of the pricier ZIP codes in Richmond: its typical home value of $704,000 ranks #2 of the 4 Richmond ZIP codes we track (the citywide range runs from $516,000 in 94801 to $737,000 in 94803). Per square foot it costs about $528, against $473 for Richmond as a whole, $455 for California, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 94805	$704,000	$528
Richmond, CA	$640,000	$473
California	$698,000	$455
United States	$294,000	$195

Home value by size in 94805

Using this ZIP’s rate of about $528 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$528,000
1,500 sq ft	$792,000
2,000 sq ft	$1,056,000
2,500 sq ft	$1,320,000
3,000 sq ft	$1,584,000

Salary needed to buy a home in ZIP 94805

To buy the typical $704,000 home in ZIP 94805 with 20% down, you need a household income of roughly $192,000 a year (about $4,470 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $228,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$35,200	$5,550/mo	$238,000/yr
10% (+PMI)	$70,400	$5,310/mo	$228,000/yr
20%	$140,800	$4,470/mo	$192,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 94805

At about $528 per square foot, here is roughly how much home different budgets get you in ZIP 94805:

Budget	Approx. size	What that looks like locally
$400k	760 sq ft	below the local median — condos, smaller or older homes
$500k	950 sq ft	below the local median — condos, smaller or older homes
$600k	1140 sq ft	around the typical home here
$750k	1420 sq ft	around the typical home here
$1.00M	1890 sq ft	above the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 94805 home.

Estimate a specific home in 94805

The estimator below is pre-set to ZIP 94805 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Richmond ZIP codes by home value

Where 94805 sits among Richmond’s 4 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	94803	$737,000	$456
2	94805 (this page)	$704,000	$528
3	94804	$576,000	$490
4	94801	$516,000	$444

ZIP 94805 home prices: frequently asked

What is the average home price in ZIP code 94805? +

The typical home in ZIP 94805 (Richmond, CA) is worth about $704,000 as of 2026. That is 10% more expensive than the Richmond median of $640,000 and 139% more expensive than the U.S. median of $294,000.

What is the price per square foot in 94805? +

About $528 per square foot in 94805, versus $473 across Richmond and $455 across California. At that rate a 1,500 sq ft home runs roughly $792,000 and a 2,500 sq ft home about $1,320,000.

What salary do you need to buy a house in ZIP 94805? +

For the typical $704,000 home in ZIP 94805, a household income of about $192,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $228,000; with 5% down about $238,000.

Is 94805 an expensive ZIP code? +

Within Richmond, 94805 ranks #2 of 4 ZIP codes by typical home value, which makes it one of the pricier ZIP codes in Richmond. Nationally it is relatively expensive.

See the full Richmond home values page, all California cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.