95946 — Penn Valley, CA Home Values
Typical home value $529,548 as of June 2026 · 4th of 7 in Truckee-Grass Valley, CA
Blue: typical home value (Zillow ZHVI) in ZIP code 95946, June 2021 to June 2026. This page shows observed data only; no forecast.
How 95946 compares in the Truckee-Grass Valley, CA area
ZIP code 95946 (Penn Valley, CA) has a typical home value of $529,548 as of June 2026, ranking 4th of 7 ZIP codes tracked in the Truckee-Grass Valley, CA area, more expensive than about 57% of ZIP codes in the metro. Prices here have moved -0.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +3.0%, from $514,042 in June 2021 to $529,548 in June 2026. Against observed rent, the typical home here sells for 15.2× the annual rent ($2,900/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Truckee-Grass Valley, CA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Truckee.
Population and demographics
ZIP code 95946 has a population of 9,448, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 82.1% White, 13% Hispanic or Latino, 3.1% two or more races, 1.2% Asian, 0.4% American Indian or Alaska Native, 0.1% Black or African American, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Vantage Point Charter | 10862 Spenceville Rd., Penn Valley, CA | 2 mi |
| Ready Springs Elementary | 10862 Spenceville Rd., Penn Valley, CA | 2 mi |
| Penn Valley Union Special Education Preschool | 17328 Penn Valley Dr., Penn Valley, CA | 2.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 95946?
$529,548 as of June 2026, the latest month Zillow has published observed data for.
Is 95946 an expensive ZIP code in the Truckee-Grass Valley, CA area?
95946 ranks 4th of 7 ZIP codes in the Truckee-Grass Valley, CA area by typical home value, more expensive than about 57% of ZIP codes in the metro.
How much have home values in 95946 changed over the past year?
-0.8% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 95946?
The typical home price is 15.2× the observed annual rent in this ZIP code ($2,900/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 95946?
9,448, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 95946?
Vantage Point Charter (2 mi), Ready Springs Elementary (2 mi), Penn Valley Union Special Education Preschool (2.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 95946?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Truckee-Grass Valley, CA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.