ZIP 94923, Bodega Bay Housing Market · 2026

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

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

ZIP 94923, Bodega Bay Market Snapshot

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

Based on 14 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
$1.82M
Up 33.2% from July 2025
Up $455K from July 2025
Homes Sold
14
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$11,513/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$9,429
  • Property Tax$1,901
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
48 days
15 more days than in July 2025
Buyers have time to decide
Sale-to-List Ratio
98.3%
Up from 98.2% in July 2025
Selling 2% below asking
% Sold Over Asking
21%
Only 21% sold above asking. Few bidding wars right now
Active Listings
22
Down 25.0% from July 2025
About 4.8 months of supply. Plenty of options for buyers

Market Trends

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

Median Sale Price
Up 33.2% year-over-year in 94923, Bodega Bay. Based on 14 sales in the last 3 months.
Homes Sold
40% more homes sold than a year ago in 94923, Bodega Bay.
Total Monthly Payment
Estimated monthly cost is up 32% 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 6.71%. 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 $1.82M, ZIP 94923's median is close to the Bay Area average of $1.80M.

How competitive is ZIP 94923 for buyers?

ZIP 94923 is a buyer's market:

  • Homes sell about 2% below asking on average
  • 21% close above list price
  • 48 days typical time to go pending
  • 37% of listings have had a price reduction

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 $1.82M with 20% down at 6.71%, your estimated total monthly cost is approximately $11,513:

  • $9,429 principal and interest
  • $1,901 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.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?