Showing posts with label zip codes. Show all posts
Showing posts with label zip codes. Show all posts

Tuesday, September 5, 2017

25 Little-Known Facts About ZIP Codes

You see it every single day on the mail and packages you receive, and you even write it every time you send a letter or a bill, but you probably have never thought twice about ZIP codes. Today, we’re going to delve into the world of U.S. Postal ZIP codes with these 25 facts:

1. The "ZIP" in Zip Code is an acronym which stands for "Zone Improvement Plan."

2. How many zip codes are there? If someone offered you $1,000,000 if you got even within 50%, could you guess accurately? Me neither, as I had no idea before researching for this blog.

3. In fact, there are now about 42,000 ZIP codes in the United States! That may seem like a huge number, but consider that Canada has 861,094 postal codes (their version of zip codes!).

4. I say “about” that many because the number of ZIP codes we have changes each year – often dramatically. In fact, there are about 5,000 changes to ZIP codes every year, including getting rid of old ones and creating new ones.

5. Each ZIP code now has an average population of about 7,631 men, women, and children.

6. Before 1963, zip codes didn’t exist in their present form, and mailing addresses just consisted of your home number, street, city, and state.

7. In 1943 during World War II, most able bodied young mailmen and postal employees had to go serve overseas, so a two-digit coding system for each major city was introduced to help the new, inexperienced replacement workers.

8. But our modern ZIP code system is attributed to a postal inspector named Robert Moon, who developed the concept in 1963 to ease the flow of mail and improve organization in his Philadelphia mail center.

9. Moon's ZIP code system first had only three digits, which identified the region and even city where the mail was going making it far faster for postal workers to sort, and it was officially adopted by the USPS.

10. The ZIP code acronym and system were soon trademarked by the United States Postal Service. Interestingly, that trademark has now expired and they chose not to renew it, meaning that anyone can use "ZIP" without conflict.

So what do the numbers in your Zip Code represent?

11. The first digit of any ZIP code represents a state or group of states. For instance, “1” is for Deleware, New York, and Pennsylvania. As you go from the eastern states west, the codes for those states go up.

12. The first three numbers of any Zip Code earmark the code for that particular post office sectional center facility (called an SCF). 

13. The last two digits reference the location, usually zooming in on the particular area. But they can also be a holdover from the system of two-digit zip codes that each big city had before 1943.  For example, the 2-digit code for Minneapolis used to be 16, so the city’s modern zip code is 554-16.

14. You’ve probably also noticed a four-digit code that follows the regular 5-digit ZIP code. Added in 1983, the additional four-digit ZIP code is primarily used by businesses who ship high volumes. These businesses get a discount on the cost of mailing if they include the last four digits because it helps facilitate a faster and more efficient mail flow.

15. Most people also have no idea that ZIP codes do more than just help us sort the mail. In fact, the codes are also used by bankers and lenders in issuing credit card authorizations, as well as factoring heavily into assigning insurance ratings.

16. But all ZIP codes are not created equally; there are actually four classifications of ZIPs. These include ‘Unique’ codes (for high volume addresses), ‘PO Boxes’, ‘Military’ & ‘Standard’.

17. But once introduced, everyone didn’t take an instant shine to ZIP codes, and it took a while for them to become commonly used. In fact, The U.S. Post Office even promoted the use of their new codes in the 1960s and 70s by unveiling their own mascot, Mr. ZIP, also known as Zippy.

18. Even the National Forest Service’s Smokey Bear chipped into to promote the ZIP code system. In 1964, the character responsible for making "Only you can prevent forest fires" a household mantra got his own ZIP code, 20252.

19. In a strange partnership, Hollywood helped to promote the use of ZIP codes when TV icon Ethel Merman recorded a song to the melody of "Zip-a-dee-doo-dah” for the post office.

20. The White House has not only one, but two of its own ZIP codes; one for the POTUS and one for his family to receive personal mail (20500).

21. Here are some other areas with their own special postal codes:

The World Trade Center also had its own ZIP code before September 11,
The Empire State Building,
Saks Fifth Avenue in New York,
Dodgertown in California
Wal-Mart headquarters
General Electric in Schenectady, N.Y. (12345)
For two weeks every summer during the Burning Man Festival, the city of Black Rock City, NV, receives its own ZIP code (89412)

22. The most famous ZIP is 90210 in Beverly Hills, known worldwide thanks to the 90’s TV show.

23. But that’s not the wealthiest ZIP code in the U.S. That designation belongs to both 07620 - Alpine, N.J. - and 33109 - Fisher Island, Fla.

24. Other notable ZIP codes include:

32976 A mobile home park in Barefoot Bay, Florida is large enough to have its own code.
91210 As is the shopping mall in Glendale Galleria in Glendale, California.
17927 This ZIP code was assigned to a mine in Centralia, Pennsylvania. But since an underground fire has burned inside the mine for over 40 years, the USPS revoked their ZIP code in 1992.
77230 Was assigned to Hurricane Katrina victims taking shelter in the Houston Astrodome in 2005 and is still in service today as a P.O. box code.

25. Here are a few other fun ZIP codes:

10001 New York, NY (aka Empire State, NY)
90909 Not real, but featured on TV’s Veronica Mars
31415(Pi) Savannah, GA. Brilliant!
55555 Young America, MN

22222 Arlington, VA including Arlington Cemetery for U.S. veterans

Saturday, July 8, 2017

It’s all about the zip codes! Which Sacramento zip codes are the hottest, the priciest, the hidden steals for homebuyers, or even on the decline?

I’m sure you’ve picked up the morning newspaper, turned on the news, or checked social media and saw reports citing real estate statistics. These days, they’re usually about escalating prices and dwindling inventory, of course, but they also rarely tell the true story. 

In fact, real estate is all about micro-markets, and what’s happening across town, in the Bay Area, or in Sheboygan, Wisconsin have very little to do with your home value at the moment.


So in this blog, we’ll break down key market statistics based on zip codes, which often correlates to actual neighborhoods (although there is some spillover) or even more narrowly defined areas. When it comes to real estate – including important decisions to buy or sell – you can never have too much good, specific information, and this will help.

So which zip codes are hot, which may be starting to level off in value, and postal code presents hidden deals for homebuyers?

In order to keep this blog short and sweet, we only presented some of the Sacramento area’s many zip codes, so if you have questions about one you don’t see listed, feel free to contact us!

Sacramento Single Family Home Sales - May 2017:

95608 Carmichael
Current Median Sales Price: $ $385,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $369,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $223 (Listed under Current Month on the chart)
Current Total Listing Inventory: 120 (Listed as Total Listing Inventory)
Total Listing Median Price: $476,750 (Listed under Current Month on the chart)

95610 Citrus Heights
Current Median Sales Price: $ $330,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $327, 500 (Listed as Year to Date in the right column)
Average Price/Square Foot: $216 (Listed under Current Month on the chart)
Current Total Listing Inventory: 39 (Listed as Total Listing Inventory)
Total Listing Median Price: $369,000 (Listed under Current Month on the chart)

95621 Citrus Heights
Current Median Sales Price: $ $299,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $293,838 (Listed as Year to Date in the right column)
Average Price/Square Foot: $224 (Listed under Current Month on the chart)
Current Total Listing Inventory: 34 (Listed as Total Listing Inventory)
Total Listing Median Price: $327,475 (Listed under Current Month on the chart)

95624 Elk Grove
Current Median Sales Price: $ $400,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $395,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $207 (Listed under Current Month on the chart)
Current Total Listing Inventory: 69 (Listed as Total Listing Inventory)
Total Listing Median Price: $475,000 (Listed under Current Month on the chart)

95628 Fair Oaks
Current Median Sales Price: $ $472,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $425,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $227 (Listed under Current Month on the chart)
Current Total Listing Inventory: 112 (Listed as Total Listing Inventory)
Total Listing Median Price: $515,000 (Listed under Current Month on the chart)

95670 Rancho Cordova Gold River
Current Median Sales Price: $ $324,750 (Listed under Current Month on the chart)
Median Sales Price This Year: $320,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $217 (Listed under Current Month on the chart)
Current Total Listing Inventory: 58 (Listed as Total Listing Inventory)
Total Listing Median Price: $364,179 (Listed under Current Month on the chart)

95757 Elk Grove
Current Median Sales Price: $ $446,500 (Listed under Current Month on the chart)
Median Sales Price This Year: $445,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $194 (Listed under Current Month on the chart)
Current Total Listing Inventory: 40 (Listed as Total Listing Inventory)
Total Listing Median Price: $449,975 (Listed under Current Month on the chart)

95758 Elk Grove
Current Median Sales Price: $ $363,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $360,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $209 (Listed under Current Month on the chart)
Current Total Listing Inventory: 51 (Listed as Total Listing Inventory)
Total Listing Median Price: $359,950 (Listed under Current Month on the chart)

95811 Sacramento Midtown
Current Median Sales Price: $ $0 (Listed under Current Month on the chart)
Median Sales Price This Year: $362,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $0 (Listed under Current Month on the chart)
Current Total Listing Inventory: 6 (Listed as Total Listing Inventory)
Total Listing Median Price: $638,162 (Listed under Current Month on the chart)

95816 Sacramento Midtown
Current Median Sales Price: $ $535,435 (Listed under Current Month on the chart)
Median Sales Price This Year: $540,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $395 (Listed under Current Month on the chart)
Current Total Listing Inventory: 28 (Listed as Total Listing Inventory)
Total Listing Median Price: $369,500 (Listed under Current Month on the chart)
  
95817 East Sacramento
Current Median Sales Price: $ $375,500 (Listed under Current Month on the chart)
Median Sales Price This Year: $319,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $330 (Listed under Current Month on the chart)
Current Total Listing Inventory: 25 (Listed as Total Listing Inventory)
Total Listing Median Price: $369,000 (Listed under Current Month on the chart)

95818 Sacramento Land Park Curtis Park
Current Median Sales Price: $ $560,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $535,105 (Listed as Year to Date in the right column)
Average Price/Square Foot: $402 (Listed under Current Month on the chart)
Current Total Listing Inventory: 32 (Listed as Total Listing Inventory)
Total Listing Median Price: $528,950 (Listed under Current Month on the chart)

95819 East Sacramento
Current Median Sales Price: $ $557,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $553,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $415 (Listed under Current Month on the chart)
Current Total Listing Inventory: 25 (Listed as Total Listing Inventory)
Total Listing Median Price: $569,000 (Listed under Current Month on the chart)

95822 South Land Park Greenhaven
Current Median Sales Price: $ $263,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $250,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $227 (Listed under Current Month on the chart)
Current Total Listing Inventory: 47 (Listed as Total Listing Inventory)
Total Listing Median Price: $309,900 (Listed under Current Month on the chart)

95829 Sacramento Florin
Current Median Sales Price: $ $363,500 (Listed under Current Month on the chart)
Median Sales Price This Year: $347,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $218 (Listed under Current Month on the chart)
Current Total Listing Inventory: 33 (Listed as Total Listing Inventory)
Total Listing Median Price: $598,000 (Listed under Current Month on the chart)

95831 Sacto S Land Park Greenhaven
Current Median Sales Price: $ $412,500 (Listed under Current Month on the chart)
Median Sales Price This Year: $425,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $236 (Listed under Current Month on the chart)
Current Total Listing Inventory: 38 (Listed as Total Listing Inventory)
Total Listing Median Price: $452,500 (Listed under Current Month on the chart)

95864 Sacto Arden Arcade Creek
Current Median Sales Price: $ $430,250 (Listed under Current Month on the chart)
Median Sales Price This Year: $384,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $271 (Listed under Current Month on the chart)
Current Total Listing Inventory: 75 (Listed as Total Listing Inventory)
Total Listing Median Price: $778,000 (Listed under Current Month on the chart)

95816 West Sacramento
Current Median Sales Price: $ $410,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $375,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $212 (Listed under Current Month on the chart)
Current Total Listing Inventory: 55 (Listed as Total Listing Inventory)
Total Listing Median Price: $429,800 (Listed under Current Month on the chart)