Concord Housing Market Report – May 2026
Here's a look at how the Concord, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 116
- Median Sale Price: $789,000
- Average Sale Price: $778,169
- Average Price Per Sq Ft: $493
- Average Days on Market: 47
- Sale-to-List Price Ratio: 100.3%
Month-Over-Month Trends
Compared to April, the median sale price in Concord moved 8.8% up (from $725,000 to $789,000). The number of homes sold was 4.5% up compared to the prior month (111 vs. 116). Average days on market shifted 23.7% up (38 days to 47 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 3.1% up (from $765,000 to $789,000). Sales volume is 6.4% up year-over-year.
What This Means
Concord's housing market is heating up as we head into summer, with May showing solid momentum across most metrics. The median price jumped 8.8% month-over-month to $789,000, continuing a steady climb that's now 3.1% above last year's levels. More importantly, homes are selling at a slight premium to asking prices (100.3% ratio), suggesting genuine buyer demand rather than inflated listings. The increase in sales volume appears partly attributable to improved data collection, but the real story is in pricing strength and days on market.
However, there's a cautionary note buried in the numbers. While homes are moving, they're staying on the market about a week longer than last month (47 days versus 38), and active inventory has grown significantly. This suggests the market is becoming more balanced—still favoring sellers, but less fervently than before. The pipeline of 299 active listings, many with asking prices below the current median, indicates there's room for prices to moderate if buyer enthusiasm cools.
For sellers, May remains favorable, but the window for maximum leverage may be narrowing. Buyers should note the expanding inventory gives them more negotiating power than earlier this spring.
Concord Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94521 | 48 | $833,250 | $506 | 41 |
| 94518 | 28 | $823,750 | $492 | 53 |
| 94519 | 20 | $742,500 | $527 | 45 |
| 94520 | 20 | $568,000 | $431 | 56 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 84 | $857,500 | $543 |
| CONDOS | 11 | $325,000 | $350 |
| TOWNHOMES | 10 | $480,000 | $426 |
| CONDO | 7 | $355,000 | $355 |
| MOBILE | 3 | $199,000 | $221 |
| MULTI_FAMILY | 1 | $675,000 | $350 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 2 |
| $200K - $299K | 7 |
| $300K - $399K | 10 |
| $400K - $499K | 5 |
| $500K - $749K | 30 |
| $750K+ | 62 |
Current Active Listings
As of this report, there are 299 active listings in Concord with a median asking price of $692,000 and an average of 56 days on market.
Thinking About Selling Your Concord Home?
If you're a homeowner in Concord considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Concord and throughout Contra Costa County — get a no-obligation cash offer today.