94588 Housing Market
Median List Price
$1,166,500
Updated August 2026
Today, the 94588 ZIP code in Pleasanton, CA has 40 homes for sale at a median list price of $1,166,500, typically selling in about 23 days.
94588 Housing Market Overview
The median list price in the 94588 ZIP code is $1.2M. Compared with Pleasanton overall, that is a 21.1% discount. Current inventory stands at 40 active listings.
Expect a median around $518,000 for two bedroom homes and $2M at the six bedroom end. February to July saw the median price go from $1.5M to $1.5M, down about 2.6%.
94588 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. The typical home sells in about 23 days, and there is only 2.7 months of supply. At the same time, 25% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.17M
↑ 2% 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
2.7 months of supply
Tight Supply40 active listings against the current sales pace works out to about 2.7 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 ~23 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 23% 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 94588 Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
67%
Homeowners
33%
Renters
Homeownership is 11.5 points higher than the California average (55.5%)
27,613 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $494K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$661K)
Price Reductions
10 listings have reduced their price
25% of active listings
Average reduction: 5.5% (~$64K)
Browse 94588 Listings
Frequently Asked Questions about the 94588 Housing Market
What is the median home price in the 94588 ZIP code?
The median list price in the 94588 ZIP code is $1,166,500 as of August 2026, based on 40 active listings.
Is the 94588 ZIP code a buyer's market or a seller's market?
The 94588 ZIP code currently reads as a seller's market. Active inventory works out to about 2.7 months of supply at the recent sales pace.
How fast do homes sell in the 94588 ZIP code?
The average home currently for sale in the 94588 ZIP code has been on the market for 23 days.
Are home prices in the 94588 ZIP code going up or down?
The median sale price in the 94588 ZIP code is up about 2.0% compared with a year ago.
How many homes are for sale in the 94588 ZIP code?
There are 40 homes for sale in the 94588 ZIP code right now, including 3 listed within the last week.