Is Canyon, CA 94516 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Canyon is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Canyon housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Contra Costa County, CA

Population	214
Median income	$113,333
Average income	$153,576
Median home value	$784,700
Median rent	$1,292/month
Owner-occupied	72% of homes
Median year built	1953
Walkability	7.8 of 20 · below average

Natural hazard riskEarthquakes (relatively high), wildfire (moderate), extreme heat (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 94516; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 94516

Prefilled for 94516Can I win this house?Multiple-offer likelihood for a listing Prefilled for 94516Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alamo 94507Seller’s market $875 /sq ft Antioch 94509Seller’s market $342 /sq ft Antioch 94531Seller’s market $314 /sq ft Berkeley 94708Seller’s market $934 /sq ft Browse all markets →

Where Canyon is

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Questions about Canyon real estate

What are property taxes in Canyon?

About 1.15% of a home’s value a year in Contra Costa County, or roughly $4,600 on a $400,000 home.

Local agents

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More tools for 94516

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Contra Costa County property taxes Contra Costa County loan limits Closing costs in California Hottest ZIP codes in California

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology