CA · Metro #123

Vallejo - CA housing market

The Vallejo metro has a typical home value of $576,614, down 2.6% from a year ago. Homes are moving fast at 17 days on market - a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$576,614
-2.6% vs. year ago
Median sale price
$552,609
-3.7% YoY
Median list price
$572,500
Sale-to-list ratio
101.5%
Selling above ask
Days on market
17d
Listings w/ price cut
22.9%
New listings / mo
435
+0.2% YoY
Homes for sale
1,086
+0.6% YoY
Typical rent
$2,400/mo
+0.6% YoY
Context

How to read this data

The typical home value ($576,614) is the Zillow Home Value Index for the Vallejo - CA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 2.6% over the past year. A home worth $592,006 last year is now worth roughly $576,614.

The median sale price , what homes actually close for , is $552,609. Homes are selling at 101.5% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Vallejo - CA sit on the market for roughly 17 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 435 new listings hit the market each month in Vallejo - CA. There are currently 1,086 homes for sale, up 0.6% from a year ago.

The typical monthly rent in Vallejo - CA is $2,400, up 0.6% year over year. For investors, the price-to-rent ratio here is roughly 20x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in CA

MetroHome value1-yr changeDays on market
Los Angeles - CA$968,608 +0.3% 19.0d
San Francisco - CA$1,149,215 -0.8% 14.0d
Riverside - CA$585,378 -0.8% 25.0d
San Diego - CA$946,365 -1.1% 16.0d
Sacramento - CA$582,707 -1.6% 12.0d
San Jose - CA$1,610,466 -1.4% 13.0d
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