Is Walnut Creek, CA 94596 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Walnut Creek is a seller’s market. With about 2 months of supply and 30% 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.

Competition score68/ 100

More competitive than 72% of U.S. ZIP codes, and #392 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

Months of supply2Under 4 months = seller’s market
Sold above original list30.1%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$653▼ −2.9% vs. last year

The Walnut Creek housing market right now

In the three months ending August 31, 2026, 30% of homes in Walnut Creek, CA 94596 sold above their list price, the typical home went under contract in 32 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 65 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (25 days then) and the median sale price fell 15% to $999,567. Overall, Walnut Creek is less competitive than a year ago, which gives buyers more room.

Within Contra Costa County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 82%. On our competition score, Walnut Creek ranks #392 of 1,069 CA ZIP codes with enough sales (score 68 out of 100).

Nearby, buyers who want less competition could look at Port Costa 94569 (0% sold over asking) or Discovery Bay 94505 (17% sold over asking), while Diablo 94528 (100% sold over asking) and El Cerrito 94530 (85% sold over asking) are even more competitive.

Nearby markets

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

Where Walnut Creek is

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Questions about Walnut Creek real estate

Is Walnut Creek a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Walnut Creek, CA 94596 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 Walnut Creek?

The typical home went under contract in 32 days in the latest three months.

Do homes in Walnut Creek sell over asking?

30% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.

What are property taxes in Walnut Creek?

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

What is the median home price in Walnut Creek?

The median sale price was $999,567 in the three months ending August 31, 2026, about $653 per square foot.

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