CA · Metro #123

Vallejo - CA housing market

The Vallejo metro has a typical home value of $580,258, down 2.3% from a year ago. Homes are moving fast at 17 days on market, a strong seller's market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$580,258
-2.3% vs. year ago
Median sale price
$554,636
-2.1% YoY
Median list price
$577,500
Sale-to-list ratio
102.0%
Selling above ask
Days on market
17d
Listings w/ price cut
24.6%
New listings / mo
422
-0.2% YoY
Homes for sale
1,139
+0.4% YoY
Typical rent
$2,438/mo
+0.7% YoY
Context

How to read this data

The typical home value ($580,258) 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 2.3% over the past year. A home worth $593,918 last year is now worth roughly $580,258.

The median sale price , what homes actually close for , is $554,636. Homes are selling at 102.0% 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 24.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 422 new listings hit the market each month in Vallejo - CA. There are currently 1,139 homes for sale, up 0.4% from a year ago.

The typical monthly rent in Vallejo - CA is $2,438, up 0.7% 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$968,028 +0.6% 21.0d
San Francisco - CA$1,142,320 +0.1% 15.0d
Riverside - CA$586,047 -0.6% 26.0d
San Diego - CA$940,998 -0.6% 17.0d
Sacramento - CA$584,122 -1.3% 14.0d
San Jose - CA$1,583,961 -0.9% 16.0d
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