Pleasanton, CA 94566 Real Estate Market Report

ZIP Code: 94566
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Pleasanton, CA is currently $1,717,500, reflecting a competitive market despite a slight price decline year-over-year. This decrease suggests a down trend in pricing, which may indicate a shift in buyer expectations or market dynamics. Homes are still receiving multiple offers, indicating that demand remains robust, even as the overall market temperature is classified as hot.

Transaction activity shows a median of 230 days on market, suggesting slower sales velocity and potential pricing friction as buyers weigh their options in a market with elevated inventory levels. The rental market, however, is experiencing strong demand, with median market rent at $4,700, which may further influence buyer behavior as they consider the cost of homeownership versus renting.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The median sold price of $1,717,500 indicates a competitive market despite a slight price decline year-over-year.

2. Homes are taking a median of 230 days on market, reflecting slower sales velocity and potential pricing friction.

3. The median listing price stands at $1,891,500, suggesting a gap between seller expectations and market realities.

4. The rental market is strong, with median market rent rising to $4,700, indicating ongoing demand for rental properties.

5. Overall market temperature is classified as hot, suggesting continued buyer interest despite the down trend in prices.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.