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Market Intelligence · CA / Walnut Creek

Walnut Creek, CA 94597 Housing Market

The typical home value in Walnut Creek, CA 94597 is $972,248, up 1.3% over the past year as of September 2026. Sellers are listing at a median of $686,750, and homes are moving in a median of 40 days.

Updated September 2026Median value$972K

The median home value in Walnut Creek, CA 94597 is $972K as of September 2026, up 1.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 94597 range

$894K to $1.05M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.3% over 12 months

Typical home value in 94597 over the last 12 months: $960K in Sep 2025 to $972K in Sep 2026 (+1.3%).

Sep 2025$960K

Sep 2026$972K

The numbers

What is the 94597 housing market like?

Typical home value

$972K

Up1.3%YoY

Median list price

$687K

Down9.0%MoM

Days on market

40

Up8.1%MoM

Homes for sale

58

Up3.6%MoM

Price cuts

17.0%

Up48.3%MoM

New listings

24

Down14.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

94597 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94597 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 94597 rose 1.3%, per the Zillow Home Value Index.

Will home prices drop in 94597?

Zillow's forecast does not call for a drop: it expects typical home values in 94597 to rise 1.2% by September 2027, after a 1.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 94597 home prices compare?

  • 94597$972,248
  • Walnut Creek$1,018,337
  • California$692,765
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Walnut Creek: 4 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

There were 58 homes for sale in 94597 as of September 2026, with 24 new listings hitting the market that month. The median list price stood at $686,750, while the typical home value reached $972,248, up 1.3% over the past year. Homes spent a median of 40 days on the market, and 17.0% of listings had taken a price cut. That mix suggests a market that is still appreciating modestly but rewarding realistic pricing. For a seller, the honest read is that well priced homes are selling, but buyers have enough choice to push back on anything overpriced.

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Common questions

What people ask us.

How much is a home in 94597 worth?

The typical home value in Walnut Creek, CA 94597 is $972,248 as of September 2026, up 1.3% over the past year.

How fast are homes selling in 94597?

Homes in 94597 spent a median of 40 days on the market as of September 2026.

How much competition is there among sellers in 94597?

There were 58 homes for sale in 94597 as of September 2026, with 24 new listings added that month.

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