Is Vallejo, CA 94589 a buyer’s or seller’s market?
Vallejo is a seller’s market. With about 3.5 months of supply and 39% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 71% of U.S. ZIP codes, and #426 of 1069 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Vallejo housing market right now
In the three months ending August 31, 2026, 39% of homes in Vallejo, CA 94589 sold above their list price, the typical home went under contract in 37 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 50 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 27%, homes sold faster (41 days then) and the median sale price fell 8% to $474,795. Overall, Vallejo is more competitive than a year ago, so tougher for buyers.
Within Solano County, homes here sell more slowly than in 55% of the county’s ZIP codes, and sell more often over asking than in 82%. On our competition score, Vallejo ranks #426 of 1,069 CA ZIP codes with enough sales (score 67 out of 100).
Nearby, buyers who want less competition could look at Rio Vista 94571 (13% sold over asking) or Vallejo 94592 (17% sold over asking), while Suisun City 94585 (52% sold over asking) and Vallejo 94591 (41% sold over asking) are even more competitive.
Run the numbers for 94589
Nearby markets
Benicia 94510Seller’s market $431 /sq ftDixon 95620Seller’s market $339 /sq ftFairfield 94533Seller’s market $328 /sq ftFairfield 94534Seller’s market $350 /sq ft Browse all markets →Towns like Vallejo nearby
Find towns like Vallejo in other states →Where Vallejo is
Loading map…
Questions about Vallejo real estate
Is Vallejo a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Vallejo, CA 94589 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Vallejo?
The typical home went under contract in 37 days in the latest three months.
Do homes in Vallejo sell over asking?
39% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.
What are property taxes in Vallejo?
About 1.15% of a home’s value a year in Solano County, or roughly $4,600 on a $400,000 home.
What is the median home price in Vallejo?
The median sale price was $474,795 in the three months ending August 31, 2026, about $380 per square foot.
Local agents
See all agents in 94589 →No sponsored agents in 94589 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 94589
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology