Walnut Creek CA

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Walnut Creek, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Walnut Creek Housing Market Information

With 70,166 people, 31,105 houses or apartments, and a median cost of homes of $912,969, Walnut Creek house prices are not only among the most expensive in California, Walnut Creek real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Walnut Creek, accounting for 37.26% of the city's housing units. Other types of housing that are prevalent in Walnut Creek include large apartment complexes or high rise apartments ( 34.03%), row houses and other attached homes ( 14.75%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 13.58%).

People in Walnut Creek primarily live in small (one, two or no bedroom) single-family detached homes. Walnut Creek has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Walnut Creek built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Walnut Creek built between 1940-1969 ( 38.87%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.81%). There's also some housing in Walnut Creek built before 1939 ( 1.33%).

Walnut Creek Home Appreciation Rates

In the last 10 years, Walnut Creek has experienced some of the highest home appreciation rates of any community in the nation. Walnut Creek real estate appreciated 53.85% over the last ten years, which is an average annual home appreciation rate of 4.40%, putting Walnut Creek in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Walnut Creek definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Walnut Creek appreciation rates have trailed the rest of the nation. In the last twelve months, Walnut Creek's appreciation rate has been -1.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Walnut Creek were at 0.03%, which equates to an annual appreciation rate of 0.11%.

Notably, Walnut Creek's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Walnut Creek's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Walnut Creek differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Walnut Creek - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Walnut Creek real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Walnut Creek, CA HOME PRICES

Value Range
> $1,116,000 26.1
$837,001 - $1,116,000 27.2
$558,001 - $837,000 21.8
$447,001 - $558,000 11.2
$335,001 - $447,000 6.0
$223,001 - $335,000 4.5
$112,001 - $223,000 1.8
$56,001 - $112,000 0.3
$0 - $56,000 1.2

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
1.6992700729927 16.1205766710354

Number Of Homes And Apartments:

Walnut Creek Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
107.96% 3.59%
* 10 is highest

Rent & Ownership


Average Market Rent:
$3,298 / per month

Homeownership Rate

Owners 63.25
Renters 36.75
Vacant 4.73

Housing Market Details


Age of Homes

AGE OF Walnut Creek HOMES
2000 or Newer 6.8
1970 - 1999 53.0
1940 - 1969 38.9
1939 or Older 1.3

Types of Homes

TYPE OF Walnut Creek HOMES
Single-Family 37.3
Townhomes 14.8
Small Apt. Buildings 13.6
Apt. Complexes 34.0
Mobile Homes 0.3
Other 0.1

Home Size

SIZE OF Walnut Creek HOMES
No Bedroom 3.48
1 Bedroom 15.65
2 Bedrooms 36.14
3 Bedrooms 22.48
4 Bedrooms 17.40
5 or more bedrooms 4.84