Is Walnut Creek, CA 94597 a buyer’s or seller’s market?

The Walnut Creek housing market right now

In the three months ending August 31, 2026, 43% of homes in Walnut Creek, CA 94597 sold above their list price, the typical home went under contract in 20 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 76 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold more slowly (15 days then) and the median sale price rose 20% to $1,136,321. Overall, Walnut Creek is more competitive than a year ago, so tougher for buyers.

Within Contra Costa County, homes here sell faster than in 62% of the county’s ZIP codes, and sell more often over asking than in 54%. On our competition score, Walnut Creek ranks #218 of 1,069 CA ZIP codes with enough sales (score 78 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.