ZIP 94518, Concord Housing Market · 2026

Data through Aug 2026 · Part of the Concord housing market

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

ZIP 94518, Concord Market Snapshot

ZIP 94518 leans toward buyers, though competition has been picking up recently. Here's where things stand:

Based on 76 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
$866K
▼ Down 3.8% from August 2025
Down $34K from August 2025
Homes Sold
76
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$5,825/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$4,740
  • Property Tax$902
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
26 days
▼ 9 fewer days than in August 2025
Homes typically sell within a month
Sale-to-List Ratio
101.0%
▲ Up from 100.9% in August 2025
Selling at or near asking price
% Sold Over Asking
38%
38% of homes sold above asking, some competition
Active Listings
49
▼ Down 20.4% from August 2025
About 2 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94518, Concord.

Median Sale Price
Down 3.8% year-over-year in 94518, Concord. Based on 76 sales in the last 3 months.
Homes Sold
10% more homes sold than a year ago in 94518, Concord.
Total Monthly Payment
Estimated monthly cost is down 3% from a year ago in 94518, Concord, 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.

Frequently asked questions about ZIP 94518

Is now a good time to buy in ZIP 94518?

ZIP 94518 leans toward buyers, though competition has been picking up recently. Buyers still have leverage to negotiate, but the window may be narrowing.

How do ZIP 94518 home prices compare to the Bay Area average?

At $866K, ZIP 94518's median sits about 51% below the Bay Area average of $1.78M. ZIP 94518 is among the most accessible parts of the Bay Area.

Within Concord, this area trades about 14% above the city-wide median of $758K.

By home type:

  • Single-family homes at $950K
  • Condos at $322K
  • Townhomes at $610K
What price range should I budget for in ZIP 94518?

Prices in ZIP 94518 depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $950K
  • Condos at $322K
  • Townhomes at $610K

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 ZIP 94518 for buyers?

ZIP 94518 currently leans toward buyers:

  • Homes sell about 1% above asking on average
  • 38% close above list price
  • 26 days typical time to go pending
  • 31% 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 ZIP 94518 home?

At $866K with 20% down at 7.28%, your estimated total monthly cost is approximately $5,825:

  • $4,740 principal and interest
  • $902 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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