The story of this market
The typical home in ZIP 94923 sells for about $1,950,000, or $1,115 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 59 days to sell. HUD's fair market rent for a two-bedroom is $4,200 a month.
ZIP 94923 — Bodega Bay
The Bodega Bay market is characterized by high-end, low-volume luxury sales with significant inventory constraints. Prices remain elevated due to limited supply and high demand for coastal properties, though the market is balanced by a high vacancy rate driven by second-home ownership. Figures for median price and inventory are specific to ZIP 94923, while broader economic context reflects Sonoma County trends.
This ZIP is best suited for affluent second-home buyers, retirees, and remote workers seeking a coastal lifestyle, as the high price point and limited inventory make it challenging for entry-level families.
Median prices moved up 2.1% year over year.
Homes spend a median of 59 days on market with 14.7 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 5.2% — 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 10.6%/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 10.6%/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 94923, Sonoma County CA
Bodega Bay experiences low levels of violent crime, with property crime rates generally consistent with rural coastal Sonoma County trends.
Public schools serving the area are part of the Shoreline Unified School District, which maintains small class sizes and rural community-focused educational programming.
The area faces significant wildfire risk and coastal erosion concerns, leading to higher property insurance premiums and limited carrier availability in the wildland-urban interface.
Economic momentum is driven primarily by tourism, commercial fishing, and high-end residential development, with limited large-scale industrial infrastructure expansion.
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%).
Commuting to employment hubs in Santa Rosa or the North Bay requires a drive of approximately 45-60 minutes via Highway 1 and Highway 12.
The area is a premier coastal destination featuring Doran Regional Park, Bodega Head trails, world-class sport fishing, and local dining/shopping along the harbor.
The rental market is heavily influenced by seasonal tourism and short-term vacation rentals, creating high barriers for long-term residential tenants.
The local economy is anchored by tourism, hospitality, and the commercial fishing industry, with strong ties to the broader Sonoma County agricultural and wine sectors.
Transportation is primarily reliant on private vehicles via Highway 1; public transit options are extremely limited in this coastal geography.
Development is constrained by strict coastal zoning and environmental protections, with no major large-scale projects currently in the pipeline.
The Sonoma County Assessor manages property valuations, adhering to Proposition 13 guidelines for annual assessment increases.
Parcels are subject to Shoreline Unified School District taxes and local fire protection district assessments.
Property insurance is increasingly difficult to secure due to high wildfire risk, with many owners relying on the California FAIR Plan.
California continues to see net domestic out-migration, though coastal enclaves like Bodega Bay maintain stable demand from high-net-worth individuals.
California is a non-judicial foreclosure state, providing a structured process for lenders while offering specific protections for homeowners.
California requires comprehensive seller disclosures, including natural hazard zones, structural defects, and environmental hazards.
Data retrieved from data.census.gov ZCTA 94923 profile.
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.
Extensive beach access and camping facilities on the Bodega Harbor.
Scenic coastal cliffs and whale watching trails.
Active commercial fishing harbor with dining and recreational boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.