Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$571,154−0.9% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 23% have cut their price
Income needed to buy, per year$123,814About 1.3× the local median income ($94,968): a stretch for a typical household
Days on market50 daysFaster than a year ago: sellers have the edge
Next 12 months−0.4%Zillow expects prices to stay about flat
The typical home in Vallejo, CA is worth $571,154, down 0.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $515,704, so the area is 10.8% overvalued. It is a balanced market, leaning toward buyers: homes take about 50 days to sell, listings are down 2% from a year ago, 23% of listings have had a price cut. Zillow expects prices to fall about 0.4% over the next year. A household needs about $123,814 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $94,968. Typical rent is $2,464 a month, or $3,079 for a house. In the latest IRS figures, 158 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$571,154
Change in 1 year
−0.9%
Overvalued %
+10.8%
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Fair home value
$515,704
Change in 5 years
+1.3%
Zillow forecast, next 12 months
−0.4%
Home value to income
6.0×
Monthly mortgage payment (20% down)
$3,095
Income needed to afford it
$123,814
Property tax rate
0.75%
Rent and investing
Typical rent
$2,464
Typical rent for houses
$3,079
Price-to-rent ratio
19.3×
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HUD Fair Market Rent, 2 bedrooms
$2,342
Gross rental yield
5.18%
Cap rate (estimate)
3.37%
Market activity
Listings vs a year ago
−2.3%
Days on market
50
Listings with a price cut
23.4%
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Homes for sale
896
Pending sales per 100 listings
37
Asking price per sq ft
$337
People and jobs
Median household income
$94,968
Population change (1 year)
+0.1%
Unemployment rate
6.5%
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Population
455,376
Income adjusted for cost of living
$87,528
Net moves in (IRS)
+158
Cost of living (US = 100)
108.5
Schools, risk and environment
School rating (1 to 10)
5.0
FEMA hazard risk score (0 to 100)
97.0
Unhealthy air days a year
0
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Flood risk score
97.4
Wildfire risk score
94.5
Walkability (1 to 20)
11.9
Road, rail and air noise
55 dB
Questions people ask
Is Vallejo, CA overvalued?
Home prices in Vallejo, CA are well above what local incomes have historically supported: fair value is about $515,704, so the area is 10.8% overvalued.
Is Vallejo, CA a buyer's or seller's market?
Vallejo, CA is a balanced market, leaning toward buyers: homes take about 50 days to sell, listings are down 2% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Vallejo, CA?
Home values in Vallejo, CA are down 0.9% over the last year. Zillow's forecast for the next 12 months is −0.4%.
How much do you need to earn to buy a home in Vallejo, CA?
A household needs about $123,814 a year to afford the typical home in Vallejo, CA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $94,968.