Market Intelligence · CA / Walnut Creek

Walnut Creek, CA 94598 Housing Market

The typical home in Walnut Creek's 94598 ZIP code is worth $1,369,644, up 2.3% over the past year as of September 2026. The median list price sits at $1,298,500, and homes are spending a median of 29 days on the market.

Updated September 2026Median value$1370K

The median home value in Walnut Creek, CA 94598 is $1.37M as of September 2026, up 2.3% 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 94598 range

$1.26M to $1.48M

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

+2.3% over 12 months

Sep 2025$1.34M

Low $1.34MHigh $1.37M

Sep 2026$1.37M

The numbers

What is the 94598 housing market like?

As of September 2026

Typical home value

$1.37M

2.3%YoY

Median list price

$1.3M

7.2%MoM

Days on market

3.6%MoM

Homes for sale

21.4%MoM

Price cuts

17.3%

53.2%MoM

New listings

33.3%MoM

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

The outlook

94598 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94598 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 94598 rose 2.3%, per the Zillow Home Value Index.

Will home prices drop in 94598?

Zillow's forecast does not call for a drop: it expects typical home values in 94598 to rise 1.4% by September 2027, after a 2.3% 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 94598 home prices compare?

94598$1,369,644
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

Home values in 94598 are still climbing, with the typical value of $1,369,644 up 2.3% over the past year. Inventory is moderate, with 51 homes for sale and 24 new listings added as of September 2026. Homes are moving at a reasonable pace, with a median of 29 days on market. Still, 17.3% of listings have taken a price cut, which suggests some sellers are starting too high. For a seller, the market favors a well-priced home, but overpricing is likely to cost time.

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Common questions

What people ask us.

How much is a home in 94598 worth?

The typical home value in 94598 is $1,369,644, up 2.3% over the past year as of September 2026.

How fast are homes selling in 94598?

Homes are spending a median of 29 days on the market as of September 2026.

Are sellers cutting prices in 94598?

Yes. As of September 2026, 17.3% of listings in 94598 have had a price cut.

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