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Walnut Creek Homes For Sale - Finding Walnut Creek Homes for Sale

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Walnut Creek, California is a suburb of Oakland, located 16 miles to the east. The city has a population of 65,384. The city is named after the major source of freshwater in the area, Arroyo de las Nueces (Walnut Creek), and due to the fact that the California Walnut grows naturally in the valley. The city was originally settled by Americans in 1849. Soon afterward, a hotel and blacksmith shop opened in the area and the town was laid out in 1856. When the city gained railroad service in 1891, the population grew further and the city was officially incorporated in 1914. Today, Walnut Creek is known for being the hub of entertainment and business for nearby cities, including the much larger Concord.

The 30,301 households in the city occupy a total of 31,425 housing units. Even though there is a discrepancy of 1,000 units, there are only 300 to 400 Walnut Creek homes for sale and approximately 350 foreclosures. The housing market in the city is tight, and this is reflected in the fact that the final selling price of homes in Walnut Creek is only slightly less than list. The median list price runs from $510,000 to $550,000, and the median sales price is $460,000 to $500,000. The price per square foot of Walnut Creek homes for sale is $293. The median household income for the city is at a healthy $81,297.

Walnut Creek homes for sale are the most sought-after in the area, and the city has seen substantial growth recently. Neighborhoods are peaceful and clean, and the downtown area has been slowly redeveloped over the years using San Francisco style as inspiration. Major national chains of retail stores and restaurants are interspersed with local boutiques and cafes. Traditionally upscale retail chains, such as Tiffany’s, Nordstrom, and Apple have made a home in Walnut Creek.

Homes for sale in Walnut Creek vary in style and include single-family townhouses, ranch-style homes, condominiums, and more. New construction is limited to custom-built, multi-million dollar luxury homes, which keeps the market tight and values high. This is in spite of the fact that there is more open space in Walnut Creek, per capita, than any other city in the state. Some of the most popular neighborhoods in which to buy Walnut Creek homes for sale are Rossmoor, Larkey Park, Saranap, Meadow Creek, and Oak Road.

Walnut Creek benefits from an excellent system of roadways, being at the center of the junction of I-680 and Highway 24. The Oakland airport is 32 miles southwest of the city. Public transportation is served by dual Bay Area Rapid Transit (BART) stations, operating through most every area of the Bay region.

The local economy of Walnut Creek depends heavily on the entertainment and services industry, with retail also playing a large role. Many of those who own homes in Walnut Creek, however, commute to Oakland or San Francisco. Others work in the technology sector out of Silicon Valley.

Public education in Walnut Creek is served by five separate districts. The Walnut Creek School District provides education for grades K-8. Four high schools are located in the city: Las Lomas, Del Oro, and Acalanes Center for Independent Study, and Northgate High. Northgate is part of the Mount Diablo Unified School System, while the other high schools are part of the Acalanes Union High School District. Several private elementary and high schools are also located within the city.

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