94706 Housing Market
Median List Price
$485,000
Updated August 2026
Today, the 94706 ZIP code in Albany, CA has 15 homes for sale at a median list price of $485,000, typically selling in about 30 days.
94706 Housing Market Overview
The median list price in the 94706 ZIP code is $485,000. That tracks closely with Albany as a whole. Current inventory stands at 15 active listings.
Expect a median around $385,000 for one bedroom homes and $900,000 at the three bedroom end. February to July saw the median price go from $1.6M to $1.2M, down about 22.9%.
94706 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 2.1 months of supply, and sale prices are up 22% over the last six months and 8% over the past year. At the same time, 27% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers can price with confidence, while buyers should arrive pre-approved and ready to decide quickly.
Median Home Price
$485K
↑ 8% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.1 months of supply
Tight Supply15 active listings against the current sales pace works out to about 2.1 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~30 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 22% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 94706 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
54%
Homeowners
46%
Renters
Homeownership is 1.5 points lower than the California average (55.5%)
7,673 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $258K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$411K)
Price Reductions
4 listings have reduced their price
27% of active listings
Average reduction: 8.0% (~$39K)
Browse 94706 Listings
Frequently Asked Questions about the 94706 Housing Market
What is the median home price in the 94706 ZIP code?
The median list price in the 94706 ZIP code is $485,000 as of August 2026, based on 15 active listings.
Is the 94706 ZIP code a buyer's market or a seller's market?
The 94706 ZIP code currently reads as a seller's market. Active inventory works out to about 2.1 months of supply at the recent sales pace.
How fast do homes sell in the 94706 ZIP code?
The average home currently for sale in the 94706 ZIP code has been on the market for 30 days.
Are home prices in the 94706 ZIP code going up or down?
The median sale price in the 94706 ZIP code is up about 7.6% compared with a year ago.
How many homes are for sale in the 94706 ZIP code?
There are 15 homes for sale in the 94706 ZIP code right now, including 2 listed within the last week.