94597 Housing Market
Median List Price
$680,000
Updated August 2026
Today, the 94597 ZIP code in Walnut Creek, CA has 47 homes for sale at a median list price of $680,000, typically selling in about 46 days.
94597 Housing Market Overview
The median list price in the 94597 ZIP code is $680,000. That runs roughly 4.8% higher than Walnut Creek as a whole. Current inventory stands at 47 active listings. Little has changed over the last six months, with the median price at $1.1M in July versus $1.1M in February.
94597 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 9% over the last six months and 12% over the past year, and there is only 2.6 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
$680K
↑ 12% 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
2.6 months of supply
Tight Supply47 active listings against the current sales pace works out to about 2.6 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 ~46 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 42% 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 51% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 94597 Area
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)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $334K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$463K)
Price Reductions
18 listings have reduced their price
38% of active listings
Average reduction: 15.1% (~$103K)
Browse 94597 Listings
Frequently Asked Questions about the 94597 Housing Market
What is the median home price in the 94597 ZIP code?
The median list price in the 94597 ZIP code is $680,000 as of August 2026, based on 47 active listings.
Is the 94597 ZIP code a buyer's market or a seller's market?
The 94597 ZIP code currently reads as a balanced market. Active inventory works out to about 2.6 months of supply at the recent sales pace.
How fast do homes sell in the 94597 ZIP code?
The average home currently for sale in the 94597 ZIP code has been on the market for 46 days.
Are home prices in the 94597 ZIP code going up or down?
The median sale price in the 94597 ZIP code is up about 11.8% compared with a year ago.
How many homes are for sale in the 94597 ZIP code?
There are 47 homes for sale in the 94597 ZIP code right now, including 5 listed within the last week.