ZIP 94598, Walnut Creek Housing Market · 2026

Data through Jul 2026 · Part of the Walnut Creek housing market

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

ZIP 94598, Walnut Creek Market Snapshot

ZIP 94598 is a balanced market, a good environment for thoughtful decisions on both sides:

Based on 88 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
$1.54M
Up 3.2% from July 2025
Up $48K from July 2025
Homes Sold
88
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$9,767/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$7,976
  • Property Tax$1,608
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
16 days
2 more days than in July 2025
Homes typically sell within a month
Sale-to-List Ratio
101.5%
Up from 101.3% in July 2025
Selling at or near asking price
% Sold Over Asking
55%
More than half of homes sold above their asking price
Active Listings
41
Down 0.7% from July 2025
About 1.4 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94598, Walnut Creek.

Median Sale Price
Up 3.2% year-over-year in 94598, Walnut Creek. Based on 88 sales in the last 3 months.
Homes Sold
8% fewer homes sold than a year ago in 94598, Walnut Creek.
Total Monthly Payment
Estimated monthly cost is up 3% from a year ago in 94598, Walnut Creek, 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 94598

Is now a good time to buy in ZIP 94598?

ZIP 94598 is a balanced market, a good environment for thoughtful decisions on both sides. Sellers can expect fair prices and buyers have time to negotiate without extreme pressure.

How do ZIP 94598 home prices compare to the Bay Area average?

At $1.54M, ZIP 94598's median is close to the Bay Area average of $1.80M.

Within Walnut Creek, this area trades about 56% above the city-wide median of $990K.

By home type:

  • Single-family homes at $1.63M
  • Townhomes at $791K
  • Condos at $712K
What price range should I budget for in ZIP 94598?

Prices in ZIP 94598 depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $1.63M
  • Townhomes at $791K
  • Condos at $712K

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 94598 for buyers?

ZIP 94598 is a balanced market where neither side dominates:

  • Homes sell about 1% above asking on average
  • 55% close above list price
  • 16 days typical time to go pending
  • 22% of listings have had a price reduction

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced ZIP 94598 home?

At $1.54M with 20% down at 6.71%, your estimated total monthly cost is approximately $9,767:

  • $7,976 principal and interest
  • $1,608 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.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?