The story of this market
The typical home in ZIP 94598 sells for about $1,299,346, or $676 per square foot.
Prices are up +8.3% from a year ago, so sellers still have some momentum. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,940 a month.
ZIP 94598 — Walnut Creek
The 94598 housing market remains highly competitive, characterized by a median sale price of approximately $1.3 million and rapid turnover. Strong demand for single-family homes in this affluent area continues to drive year-over-year price appreciation despite limited inventory.
This ZIP is ideal for family buyers and professionals seeking high-quality schools, suburban space, and proximity to regional employment hubs in the East Bay.
Median prices moved up 8.3% year over year.
Homes spend a median of 15 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 5.4% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 94598, Contra Costa County, CA
The area is served by highly regarded public schools, including those within the Mount Diablo Unified School District, which are a primary draw for families.
The region faces standard California wildfire and seismic risks, with insurance availability and premium costs increasingly influenced by state-wide climate exposure.
Development is characterized by high-end residential infill and proximity to the established commercial and employment hubs of Walnut Creek.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Residents typically commute to employment centers in Walnut Creek, Concord, or via BART transit connections to San Francisco and the broader East Bay.
The area features extensive access to open space, hiking trails, and parks, with proximity to the shopping and dining amenities of downtown Walnut Creek.
The rental market shows solid demand with a median rent of $3,600, reflecting the area's high-end residential character and limited vacancy pressure.
The local economy is anchored by the broader Walnut Creek commercial hub, featuring a mix of professional services, retail, and healthcare sectors.
Parcels are subject to standard county property tax levies and local school district assessments.
Data not available in current census profile extracts.
Highly sought-after area known for its expansive lots and proximity to open space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.