CA · Metro #123

Vallejo - CA housing market

The Vallejo metro has a typical home value of $577,931, down 2.8% from a year ago. Homes are moving fast at 17 days on market - a strong seller's market. 20% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$577,931
-2.8% vs. year ago
Median sale price
$552,480
-2.6% YoY
Median list price
$566,500
Sale-to-list ratio
104.4%
Selling above ask
Days on market
17d
Listings w/ price cut
20.1%
New listings / mo
406
+4.4% YoY
Homes for sale
1,009
+2.2% YoY
Typical rent
$2,385/mo
+0.3% YoY
Context

How to read this data

The typical home value ($577,931) 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 2.8% over the past year. A home worth $594,579 last year is now worth roughly $577,931.

The median sale price , what homes actually close for , is $552,480. Homes are selling at 104.4% 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 20.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 406 new listings hit the market each month in Vallejo - CA. There are currently 1,009 homes for sale, up 2.2% from a year ago.

The typical monthly rent in Vallejo - CA is $2,385, up 0.3% 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$969,589 +-0.0% 19.0d
San Francisco - CA$1,145,541 -1.5% 14.0d
Riverside - CA$586,623 -1.1% 26.0d
San Diego - CA$943,055 -1.5% 16.0d
Sacramento - CA$581,956 -1.8% 12.0d
San Jose - CA$1,627,300 -1.6% 12.0d
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