Walnut Creek, CA Housing Market
Median List Price
$649,000
Updated August 2026
Today, Walnut Creek has 245 homes for sale at a median list price of $649,000, typically selling in about 43 days.
Walnut Creek Market Analysis
The median list price in Walnut Creek, CA is $649,000. Current inventory stands at 245 active listings. 90 new listings came on the market in the last 30 days.
Expect a median around $344,499 for one bedroom homes and $2.6M at the five bedroom end. Condos lead the mix at 65.3%, with single family homes accounting for another 23.3%. February to July saw the median price go from $930,000 to $885,000, down about 4.8%. On a per square foot basis, the median runs $530.
Homes here typically go under contract in about 14 days. At that pace, well priced homes attract offers quickly, so buyers should be ready to move. Addresses here fall across the 94595, 94597, 94598, and 94596 ZIP codes.
Walnut Creek Rental Market
The median asking rent in Walnut Creek, CA is $3,000. Current inventory stands at 11 active rental listings. February to July saw the median rent go from $3,800 to $3,900, up about 2.6%.
Walnut Creek Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 22% over the last six months and 16% over the past year, and there is only 2.8 months of supply. At the same time, 38% 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
$649K
↑ 16% 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
2.8 months of supply
Tight Supply245 active listings against the current sales pace works out to about 2.8 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 ~43 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 33% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Walnut Creek
Homeownership is higher than average, and most households in this area own rather than rent.
64%
Homeowners
36%
Renters
Homeownership is 8.5 points higher than the California average (55.5%)
32,142 households (2023)
Affordability Snapshot
Typical home cost
$4,438/mo
Actual housing expense
Affordable budget (28%)
$3,166/mo
Based on median income
Median household income
$11,305/mo
Walnut Creek
A typical home costs about 39% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$190K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $569K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$967K)
Price Reductions
92 listings have reduced their price
38% of active listings
Average reduction: 9.0% (~$58K)
Browse Walnut Creek Listings
Frequently Asked Questions about the Walnut Creek, CA Housing Market
What is the median home price in Walnut Creek, CA?
The median list price in Walnut Creek is $649,000 as of August 2026, based on 245 active listings.
Is Walnut Creek a buyer's market or a seller's market?
Walnut Creek currently reads as a seller's market. Active inventory works out to about 2.8 months of supply at the recent sales pace.
How fast do homes sell in Walnut Creek?
Homes that closed in the last 90 days typically went under contract in about 14 days. The average home currently for sale has been on the market for 43 days.
Are home prices in Walnut Creek going up or down?
The median sale price in Walnut Creek is up about 15.8% compared with a year ago.
How many homes are for sale in Walnut Creek, CA?
There are 245 homes for sale in Walnut Creek right now, including 26 listed within the last week.
What is the median rent in Walnut Creek?
The median asking rent in Walnut Creek is $3,000 per month, across 11 active rental listings.