Concord, CA—94519
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Concord, CA
As of Oct '25, the median home price in Concord, CA is $703,000, with a year-over-year change of -5.7%. This indicates that home prices in Concord, CA are decreasing. According to Zillow, the 1-year price projection is -2.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $703,000 | -5.7% |
| Single Family | $705,000 | -5.6% |
| Condos | $434,000 | -1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $540,000 | -5.6% |
3 Bed | $699,000 | -5.7% |
4 Bed | $778,000 | -5.0% |
| 5 Bed | $888,000 | -5.4% |
% of Housing Stock
Rental Trends — Concord, CA
As of July '25, Rentcast reports the average rent in Concord, CA is $2,510, with a year-over-year rent change of -4.2%. Per bedroom, the median rent as of July '25 in Concord, CA is 1-bedrooms: $1,850, 2-bedrooms: $2,380, 3-bedrooms: $3,320, 4-bedrooms: $4,050. The most common rental property sizes in Concord, CA are 2-bedroom and 3-bedroom, accounting for 42.2% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,850 |
| 2 Bed Rent | $2,350 | $2,380 |
| 3 Bed Rent | $3,350 | $3,320 |
| 4 Bed Rent | $4,000 | $4,050 |
% of Rental Stock
Property Listings — Concord, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Concord, CA is 43. This is a increase of 90.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $738,000 | -4.0% |
Listing Count | 39 | 46.0% |
| Listings as % of Homes | 0.3% | 46.0% |
Days on Market | 43 | 90.0% |
Demographics — Concord, CA
As of the latest ACS Survey released in 2023, Concord, CA has a population of 19,900, which has remained stable by -1.0% over the past 5 years. Concord, CA is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 28.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,900 | -1.0% |
% Under 18 | 21.8% | 6.3% |
% Seniors | 15.4% | 7.7% |
% WFH | 16.8% | 300.0% |
% w/ College Degree | 28.4% | -14.7% |
As of the latest ACS Survey released in 2023, Concord, CA is a predominantly white area, with 42.1% of the population identifying as white. The white population has shrunk by 20.7% in the last 5 years. The second most common race or ethnicity in Concord, CA is hispanic, making up 32.2% of the population. Foreign-born residents account for 21.7% of the population in Concord, CA, and this percentage has increased by 4.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 42.1% | -20.7% |
% Black | 2.4% | 4.3% |
% Hispanic | 32.2% | 26.3% |
% Asian | 13.9% | 11.2% |
% Foreign Born | 21.7% | 4.3% |
Mortgage and Risk — Concord, CA
According to HUD data as of 2023, there were 275 mortgage originations in Concord, CA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Concord, CA. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 275 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Concord, CA
As of 2024, the percent of homes in Concord, CA under the Section 8 program is 5.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Concord, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 130 |
Total Units Section 8 | 130 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $580 | $1,700 | $2,280 |
| 2 Bedroom | $430 | $2,350 | $2,780 |
| 3 Bedroom | $210 | $3,350 | $3,560 |
| 4 Bedroom | $230 | $4,000 | $4,230 |
Affordability — Concord, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $703,000 |
| Median Household Income | $123,000 |