94589 Housing Market
Median List Price
$515,000
Updated August 2026
Today, the 94589 ZIP code in Vallejo, CA has 13 homes for sale at a median list price of $515,000, typically selling in about 62 days.
94589 Housing Market Overview
Buyers in the 94589 ZIP code are looking at a median list price of $515,000. That runs roughly 6.2% lower than Vallejo as a whole. Since February, the median price has moved down about 14.1% to $440,000 as of July. The 94589 ZIP code has 13 active listings on the market right now. Pricing spreads from a $359,888 median for two bedroom homes to $534,450 for four bedroom homes.
94589 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 1.9 months of supply, yet the typical home takes about 62 days to sell, and 54% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$515K
↑ 19% 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 Supply13 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 ~62 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 38% 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 54% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 94589 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
59%
Homeowners
41%
Renters
Homeownership is 3.5 points higher than the California average (55.5%)
43,921 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $87K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$162K)
Price Reductions
7 listings have reduced their price
54% of active listings
Average reduction: 4.5% (~$23K)
Browse 94589 Listings
Frequently Asked Questions about the 94589 Housing Market
What is the median home price in the 94589 ZIP code?
The median list price in the 94589 ZIP code is $515,000 as of August 2026, based on 13 active listings.
Is the 94589 ZIP code a buyer's market or a seller's market?
The 94589 ZIP code currently reads as a buyer's market. Active inventory works out to about 1.9 months of supply at the recent sales pace.
How fast do homes sell in the 94589 ZIP code?
The average home currently for sale in the 94589 ZIP code has been on the market for 62 days.
Are home prices in the 94589 ZIP code going up or down?
The median sale price in the 94589 ZIP code is up about 18.9% compared with a year ago.
How many homes are for sale in the 94589 ZIP code?
There are 13 homes for sale in the 94589 ZIP code right now, including 3 listed within the last week.