Contra Costa County, California Housing Market

In Contra Costa County, California, the median home value is $866,800, with a median monthly rent of $2,375. This places Contra Costa County at #22 nationally out of 3134 counties by median home value, and #9 within California.

Median Home Value $866,800
Median Rent $2,375/mo
Owner Occupancy 68.0%
Price/Rent Ratio 30.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Contra Costa County fell -0.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

324,325
jobs (private sector)
  • Avg weekly wage: $1,660
  • Establishments: 39,878
  • BLS QCEW, 2025
🏗️

Housing Supply

1,163
new units authorized (2025)
  • Single-family: 970
  • Multi-family: 193
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1656
net migration (filers, 2021-2022)
  • Inflow: 480,294 (avg $160,403)
  • Outflow: 478,638 (avg $159,619)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Contra Costa County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 94596 301.9 — 2025
2 94511 218.2 -16.71% 2025
3 94583 292.7 -6.36% 2025
4 94598 282.6 +0.91% 2025
5 94595 279.4 +3.92% 2025
6 94572 282.3 -12.83% 2025
7 94525 278.9 -10.63% 2025
8 94801 334.3 -4.40% 2025
9 94597 297.9 -5.59% 2025
10 94549 225.3 -5.34% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Contra Costa County Compares

MetricContra Costa CountyCalifornia AverageU.S. Average
Median Home Value $866,800 $609,221 $227,706
Median Gross Rent $2,375 $1,690 $968
Owner Occupancy Rate 68.0% 63.4% 73.3%
Price/Rent Ratio 30.4 28.5 18.7

Market Analysis

The median home value in Contra Costa County is 42.3% above the California state average and 280.7% above the U.S. national average. The median rent of $2,375/month is 40.5% above the state average.

With a price-to-rent ratio of 30.4, Contra Costa County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Contra Costa County has an owner-occupancy rate of 68.0%, compared to 63.4% in California and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Napa County California $869,500 $2,237
Kauai County Hawaii $873,200 $1,870
King County Washington $859,900 $2,092
San Diego County California $854,700 $2,246
Routt County Colorado $854,700 $1,917

Other Counties in California

CountyMedian Home ValueMedian RentOwner Occ.
Napa County $869,500 $2,237 63.4%
San Diego County $854,700 $2,246 54.6%
Los Angeles County $834,200 $1,954 45.9%
San Luis Obispo County $824,700 $1,992 62.1%
Ventura County $822,700 $2,317 64.6%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).