ZIP 94939, Larkspur Housing Market · 2026

Data through Mar 2026 · Part of the Larkspur housing market

ZIP 94939, Larkspur Market Snapshot

ZIP 94939 still favors sellers, but the market is cooling. Here's where things stand:

Based on 8 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
$2.32M
Up 19.8% from March 2025
Up $384K from March 2025
Homes Sold
8
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$14,392/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$11,788
  • Property Tax$2,421
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
16.5 days
4 more days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
106.0%
Down from 108.3% in March 2025
Selling 6% above asking
% Sold Over Asking
50%
More than half of homes sold above their asking price
Active Listings
15
Up 50.0% from March 2025
About 1.9 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94939, Larkspur.

Median Sale Price
Up 19.8% year-over-year in 94939, Larkspur. Based on 8 sales in the most recent month.
Homes Sold
43% fewer homes sold than a year ago in 94939, Larkspur.
Total Monthly Payment
Estimated monthly cost is up 17% from a year ago in 94939, Larkspur, 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 94939

Is now a good time to buy in ZIP 94939?

ZIP 94939 still favors sellers, but conditions are slowly improving for buyers. Well-priced homes move fast, and there is slightly more room to negotiate than there was a year ago.

How do ZIP 94939 home prices compare to the Bay Area average?

At $2.32M, ZIP 94939's median is close to the Bay Area average of $1.88M.

Within Larkspur, this area trades about 11% below the city-wide median of $2.62M.

By home type:

  • Single-family homes at $2.56M
  • Condos at $619K
What price range should I budget for in ZIP 94939?

Prices in ZIP 94939 depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $2.56M
  • Condos at $619K

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 94939 for buyers?

ZIP 94939 currently favors sellers:

  • Homes sell about 6% above asking on average
  • 50% close above list price
  • 16.5 days typical time to go pending

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

What will my total monthly cost be on a median-priced ZIP 94939 home?

At $2.32M with 20% down at 6.53%, your estimated total monthly cost is approximately $14,392:

  • $11,788 principal and interest
  • $2,421 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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