Is Bodega Bay, CA 94923 a buyer’s or seller’s market?
Bodega Bay is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Bodega Bay housing market right now
In the three months ending August 31, 2026, 21% of homes in Bodega Bay, CA 94923 sold above their list price, the typical home went under contract in 80 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold more slowly (41 days then) and the median sale price rose 64% to $1,726,753. Overall, Bodega Bay is about as competitive as it was a year ago.
Within Sonoma County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell less often over asking than in 69%.
Nearby, buyers who want less competition could look at Jenner 95450 (0% sold over asking) or Glen Ellen 95442 (0% sold over asking), while Forestville 95436 (65% sold over asking) and Petaluma 94954 (58% sold over asking) are even more competitive.
Run the numbers for 94923
Nearby markets
Annapolis 95412 — /sq ftBodega 94922 — /sq ftCalistoga 94515Buyer’s market $797 /sq ftCamp Meeker 95419 — /sq ft Browse all markets →Towns like Bodega Bay nearby
Find towns like Bodega Bay in other states →Where Bodega Bay is
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Questions about Bodega Bay real estate
Is Bodega Bay a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Bodega Bay, CA 94923 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 Bodega Bay?
The typical home went under contract in 80 days in the latest three months.
Do homes in Bodega Bay sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Bodega Bay?
About 1.15% of a home’s value a year in Sonoma County, or roughly $4,600 on a $400,000 home.
What is the median home price in Bodega Bay?
The median sale price was $1,726,753 in the three months ending August 31, 2026, about $910 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