ZIP 94589, Vallejo Housing Market · 2026

Data through Mar 2026 · Part of the Vallejo housing market

ZIP 94589, Vallejo Market Snapshot

ZIP 94589 leans toward buyers, though competition has been picking up recently. Here's where things stand:

Based on 48 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$509K
Up 6.6% from March 2025
Up $32K from March 2025
Homes Sold
48
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$3,297/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$2,583
  • Property Tax$530
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
40.5 days
9 fewer days than in March 2025
Buyers have time to decide
Sale-to-List Ratio
100.5%
Up from 99.6% in March 2025
Selling at or near asking price
% Sold Over Asking
52%
More than half of homes sold above their asking price
Active Listings
37
Down 33.9% from March 2025
About 0.8 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94589, Vallejo.

Median Sale Price
Up 6.6% year-over-year in 94589, Vallejo. Based on 48 sales in the most recent month.
Homes Sold
50% more homes sold than a year ago in 94589, Vallejo.
Total Monthly Payment
Estimated monthly cost is up 4% from a year ago in 94589, Vallejo, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about ZIP 94589

Is now a good time to buy in ZIP 94589?

ZIP 94589 leans toward buyers, though competition has been picking up recently. Buyers still have leverage to negotiate, but the window may be narrowing.

How do ZIP 94589 home prices compare to the Bay Area average?

At $509K, ZIP 94589's median sits about 73% below the Bay Area average of $1.88M. ZIP 94589 is among the most accessible parts of the Bay Area.

This is close to the Vallejo city-wide median of $511K.

By home type:

  • Single-family homes at $510K
  • Condos at $195K
What price range should I budget for in ZIP 94589?

Prices in ZIP 94589 depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $510K
  • Condos at $195K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is ZIP 94589 for buyers?

ZIP 94589 currently leans toward buyers:

  • Homes sell about 0.5% above asking on average
  • 52% close above list price
  • 40.5 days typical time to go pending

Buyer strategy: a well-structured offer near or below list price has a good chance of success.

What will my total monthly cost be on a median-priced ZIP 94589 home?

At $509K with 20% down at 6.53%, your estimated total monthly cost is approximately $3,297:

  • $2,583 principal and interest
  • $530 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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