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Foreclosures in Walnut Creek, CA 94598

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Living in Walnut Creek, CA

Walnut Creek, CA, is a vibrant suburban city known for its thriving downtown filled with shops and dining, as well as its excellent schools and outdoor activities. With good transportation options, including BART access to San Francisco, it attracts families and professionals alike. Real estate investment opportunities abound in this sought-after community.

Current Market Conditions in Walnut Creek, CA

The real estate market in Walnut Creek has seen steady growth over the past few years, with increasing property values driven by a strong demand for housing. As more people seek to relocate to suburbs with great amenities and a strong school system, Walnut Creek has become an attractive market for investors.

Current trends indicate that homes in Walnut Creek are selling quickly, often above the asking price, due to low inventory and high buyer interest. Investors can capitalize on this trend by considering both rental properties and single-family homes for resale.

Home Value Estimator For Walnut Creek, CA

There are currently 41,840 real estate properties in Walnut Creek, CA, with a median automated valuation model (AVM) price of $937,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Walnut Creek, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Walnut Creek, CA, is $1,140,696.00, with the most expensive house in Walnut Creek, CA, topping out at $221,292,704.00 and the cheapest home in Walnut Creek, CA, clocking in at $78,834.00. In other words, there’s something for every potential homebuyer or savvy investor in Walnut Creek, CA!

Rent Prices In Walnut Creek, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Walnut Creek, CA, is on a rollercoaster ride. The average rent price in Walnut Creek, CA, is $2,814.00. Indeed, when looking to rent in Walnut Creek, CA, you can expect to pay as little as $990.00 or as much as $7,480.00, with the average rent median estimated to be $2,790.00. The good news is that finding an affordable and desirable property to rent in Walnut Creek, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Walnut Creek, CA 94598 Foreclosures


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