ZIP 94589, Vallejo Housing Market · 2026

Data through Jul 2026 · Part of the Vallejo housing market

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

ZIP 94589, Vallejo Market Snapshot

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

Based on 49 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$475K
Down 9.1% from July 2025
Down $48K from July 2025
Homes Sold
49
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$3,132/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$2,454
  • Property Tax$495
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
37 days
1 fewer day than in July 2025
Buyers have time to decide
Sale-to-List Ratio
100.8%
Up from 99.4% in July 2025
Selling at or near asking price
% Sold Over Asking
50%
More than half of homes sold above their asking price
Active Listings
55
Down 0.7% from July 2025
About 3.4 months of supply. Moderate selection available

Market Trends

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

Median Sale Price
Down 9.1% year-over-year in 94589, Vallejo. Based on 49 sales in the last 3 months.
Homes Sold
6% fewer homes sold than a year ago in 94589, Vallejo.
Total Monthly Payment
Estimated monthly cost is down 9% 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 6.71%. 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 $475K, ZIP 94589's median sits about 74% below the Bay Area average of $1.80M. ZIP 94589 is among the most accessible parts of the Bay Area.

This is close to the Vallejo city-wide median of $510K.

By home type:

  • Single-family homes at $500K
  • Condos at $209K
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 $500K
  • Condos at $209K

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 0.8% above asking on average
  • 50% close above list price
  • 37 days typical time to go pending
  • 33% of listings have had a price reduction

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 $475K with 20% down at 6.71%, your estimated total monthly cost is approximately $3,132:

  • $2,454 principal and interest
  • $495 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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