ZIP 94923, Bodega Bay Housing Market · 2026

Data through Mar 2026 · Part of the Bodega Bay housing market

ZIP 94923, Bodega Bay Market Snapshot

ZIP 94923 offers real opportunities for buyers, and the balance keeps tilting their way:

Based on 7 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.50M
Down 1.8% from March 2025
Down $27K from March 2025
Homes Sold
7
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$9,354/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$7,609
  • Property Tax$1,563
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
286 days
257 more days than in March 2025
Buyers have time to decide
Sale-to-List Ratio
94.8%
Down from 98.9% in March 2025
Selling 5% below asking
% Sold Over Asking
0%
No homes sold above asking. Few bidding wars right now
Active Listings
22
Down 8.3% from March 2025
About 3.1 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94923, Bodega Bay.

Median Sale Price
Down 1.8% year-over-year in 94923, Bodega Bay. Based on 7 sales in the most recent month.
Homes Sold
22% fewer homes sold than a year ago in 94923, Bodega Bay.
Total Monthly Payment
Estimated monthly cost is down 4% from a year ago in 94923, Bodega Bay, 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 94923

Is now a good time to buy in ZIP 94923?

ZIP 94923 is a buyer's market. Extended market times, price reductions, and motivated sellers give buyers strong negotiating leverage. Well-structured offers below asking can succeed here.

How do ZIP 94923 home prices compare to the Bay Area average?

At $1.50M, ZIP 94923's median sits about 20% below the Bay Area average of $1.88M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that ZIP 94923 is one of the more accessible corners of the Bay Area.

How competitive is ZIP 94923 for buyers?

ZIP 94923 is a buyer's market:

  • Homes sell about 5% below asking on average
  • 0% close above list price
  • 286 days typical time to go pending

Buyer strategy: well-structured offers below asking can succeed here.

What will my total monthly cost be on a median-priced ZIP 94923 home?

At $1.50M with 20% down at 6.53%, your estimated total monthly cost is approximately $9,354:

  • $7,609 principal and interest
  • $1,563 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

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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