ZIP 94939, Larkspur Housing Market · 2026

Data through May 2026 · Part of the Larkspur housing market

ZIP 94939, Larkspur Market Snapshot

ZIP 94939 is one of the most competitive markets in the Bay Area right now. Here's what you need to know:

Based on 21 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$3.54M
Up 54.3% from May 2025
Up $1.25M from May 2025
Homes Sold
21
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$21,783/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$17,907
  • Property Tax$3,693
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
15 days
1 more day than in May 2025
Homes typically sell within a month
Sale-to-List Ratio
106.2%
Down from 106.3% in May 2025
Selling 6% above asking
% Sold Over Asking
62%
More than half of homes sold above their asking price
Active Listings
16
Down 5.9% from May 2025
About 0.8 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 54.3% year-over-year in 94939, Larkspur. Based on 21 sales in the most recent month.
Homes Sold
13% fewer homes sold than a year ago in 94939, Larkspur.
Total Monthly Payment
Estimated monthly cost is up 49% 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 6.49%. 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 is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

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

At $3.54M, ZIP 94939's median sits about 91% above the Bay Area average of $1.85M. ZIP 94939 is on the higher end of the regional market.

Within Larkspur, this area trades about 23% above the city-wide median of $2.88M.

By home type:

  • Single-family homes at $4.05M
  • Condos at $623K
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 $4.05M
  • Condos at $623K

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 is one of the Bay Area's more competitive markets:

  • Homes sell about 6% above asking on average
  • 62% close above list price
  • 15 days typical time to go pending

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

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

At $3.54M with 20% down at 6.49%, your estimated total monthly cost is approximately $21,783:

  • $17,907 principal and interest
  • $3,693 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?