94518 Housing Market
Median List Price
$731,944
Updated August 2026
Today, the 94518 ZIP code in Concord, CA has 38 homes for sale at a median list price of $731,944, typically selling in about 59 days.
94518 Housing Market Overview
Homes in the 94518 ZIP code carry a median list price of $731,944. That runs roughly 10.1% higher than Concord as a whole. The median price moved from $876,000 in February to $922,444 in July, a 5.3% increase over six months. Right now 38 homes are on the market in the 94518 ZIP code. Five bedroom homes carry the highest medians at $1.2M, with one bedroom homes starting the range at $287,000.
94518 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 1.9 months of supply, yet 47% of sellers have trimmed their asking price, and the typical home takes about 59 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$732K
↓ 0% 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
1.9 months of supply
Tight Supply38 active listings against the current sales pace works out to about 1.9 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 ~59 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 23% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 53% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 94518 Area
Homeownership is higher than average, and most households in this area own rather than rent.
61%
Homeowners
39%
Renters
Homeownership is 5.5 points higher than the California average (55.5%)
45,635 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $236K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$412K)
Price Reductions
18 listings have reduced their price
47% of active listings
Average reduction: 6.0% (~$44K)
Browse 94518 Listings
Frequently Asked Questions about the 94518 Housing Market
What is the median home price in the 94518 ZIP code?
The median list price in the 94518 ZIP code is $731,944 as of August 2026, based on 38 active listings.
Is the 94518 ZIP code a buyer's market or a seller's market?
The 94518 ZIP code currently reads as a balanced market. Active inventory works out to about 1.9 months of supply at the recent sales pace.
How fast do homes sell in the 94518 ZIP code?
The average home currently for sale in the 94518 ZIP code has been on the market for 59 days.
Are home prices in the 94518 ZIP code going up or down?
The median sale price in the 94518 ZIP code is roughly flat compared with a year ago.
How many homes are for sale in the 94518 ZIP code?
There are 38 homes for sale in the 94518 ZIP code right now, including 4 listed within the last week.