Benicia Housing Market · 2026

Data through Aug 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Benicia Market Snapshot

Benicia is shifting toward buyers. Here's where things stand:

Based on 83 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$822K
▲ Up 10.0% from August 2025
Up $75K from August 2025
Homes Sold
83
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$5,542/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$4,502
  • Property Tax$857
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
35 days
▼ 1 fewer day than in August 2025
Buyers have time to decide
Sale-to-List Ratio
99.3%
▼ Down from 99.9% in August 2025
Selling 1% below asking
% Sold Over Asking
28%
Only 28% sold above asking. Few bidding wars right now
Active Listings
77
▲ Up 9.9% from August 2025
About 2.8 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Benicia.

Median Sale Price
Up 10.0% year-over-year in Benicia. Based on 83 sales in the last 3 months.
Homes Sold
30% more homes sold than a year ago in Benicia.
Total Monthly Payment
Estimated monthly cost is up 11% from a year ago in Benicia, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 7.28%. Your actual rate depends on your credit, down payment, and loan type.

Benicia housing market trends, 2021–2026

October 2021 median
$714K
$2,450/mo at 3.1%
Peak (May 2025)
$900K
August 2026 median
$822K
$4,228/mo at 6.7%

The median sale price in Benicia is $822K — up 15% from $714K in October 2021. Over that stretch, the median peaked at $900K in May 2025 and bottomed at $688K in January 2024. That puts today's price about 5% above the area's 5-year average of $783K. Each point is the median of a rolling 3-month window of closings, so the curve runs smoother than any single month; the multi-year direction is the signal.

What buyers actually pay has moved more than the sticker price suggests: a typical monthly payment (20% down, principal & interest) is about $4,228 today, up 73% from $2,450 in October 2021. Most of that increase comes from mortgage rates (3.1% then vs. 6.7% now), not prices — at October 2021 rates, today's median would run about $2,824/mo.

Seasonally, the three months ending in October have been the busiest stretch for closings in Benicia over the past 5 years (about 83 sales in that window on average, vs. 50 for the stretch ending in February), while competition has run hottest in the stretch ending in April (50% of homes selling over asking on average). That's an average across just 5 observations per month, so treat it as a tendency, not a rule.

Frequently asked questions about Benicia

Is now a good time to buy in Benicia?

Benicia currently leans toward buyers. Homes are sitting longer and sellers are more open to negotiation. It is a good time to take your time, request contingencies, and consider offering below asking.

How do Benicia home prices compare to the Bay Area average?

At $822K, Benicia's median sits about 54% below the Bay Area average of $1.78M. Benicia is among the most accessible parts of the Bay Area.

By home type:

  • Single-family homes at $860K
  • Condos at $374K
  • Townhomes at $513K
What price range should I budget for in Benicia?

Prices in Benicia depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $860K
  • Condos at $374K
  • Townhomes at $513K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Benicia for buyers?

Benicia currently leans toward buyers:

  • Homes sell about 0.7% below asking on average
  • 28% close above list price
  • 35 days typical time to go pending
  • 36% of listings have had a price reduction

Buyer strategy: a well-structured offer near or below list price has a good chance of success.

What will my total monthly cost be on a median-priced Benicia home?

At $822K with 20% down at 7.28%, your estimated total monthly cost is approximately $5,542:

  • $4,502 principal and interest
  • $857 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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