5 Most Expensive Neighborhoods in Walnut Creek, Based on Sales Price

Home values in Walnut Creek, California have risen steadily over the last couple of years, and additional gains are expected in 2017. The median sales prices in several Walnut Creek neighborhoods is now well over $1 million. Here’s a look at the most expensive neighborhoods in the city, as of September 2016.

5 Most Expensive Neighborhoods in Walnut Creek

The list below is based on median sales price data reported by the real estate listings website Trulia, for the three-month period of June to August 2016:

Northgate — $1,800,000
With a median sales price of $1.8 million, Northgate is the priciest neighborhood of Walnut Creek in 2016. Trulia actually divided this community into two parts, for data purposes (labeling them Northgate 1 and Northgate 2). We have listed it only once for the sake of simplicity. In addition to being one of the most expensive neighborhoods in Walnut Creek, Northgate is also one of the largest in area and population.

Joaquin Ranch — $1,695,000
According to Trulia, the Joaquin Ranch neighborhood of Walnut Creek had a median sales price just under $1.7 million during the three-month period from June to August 2016. This makes it the second most expensive neighborhood in the city, based on their data.

Lakewood — $1,200,000
Overlooked by the Shell Ridge, Lakewood (also known as the Lakewood Area) is one of the most desirable neighborhoods in Walnut Creek. Homes here go for a premium, especially those that are located on the man-made lake that gives the community its name. The lake was created in the 1930s, and some of the homes actually date back to that period. The median sales price in Lakewood was $1.2 million, during the summer months of 2016.

Sterling Ridge — $1,183,500
With a median sales price of nearly $1.2 million, Sterling Ridge is another of the most expensive neighborhoods in Walnut Creek, California.

Pleasant Run — $1,181,000
The Pleasant Run neighborhood is bordered on the north by the Boundary Oaks Golf Course. That’s partly why homes are so pricey here. The midpoint for homes sold over the last few months in this area was just under $1.2 million.

The 5 Most Affordable Communities

At the other end of the pricing spectrum, we have the following five neighborhoods. These Walnut Creek neighborhoods had the lowest median sales prices during the three-month period ending in August 2016:

• Broadway Plaza: $416,000
• Oak Road: $480,000
• Summit Ridge: $620,000
• Rossmoor: $624,400
• Diablo Hills: $651,000

Rossmoor is also one of the most popular neighborhoods in the city, based on the number of home searches conducted on Trulia.

Related: Will home prices cool in 2017?

Need Mortgage Financing?

Do you plan to buy a home in the Walnut Creek area? Will you need a loan to help cover the cost of your purchase? If so, we encourage you to contact us to discuss your mortgage needs.

Bridgepoint Funding has been serving home buyers in Walnut Creek, California for many years, and we’re located right here in town. Our staff has decades of combined expertise, and we offer a wide variety of loan programs.

Please contact us today with any questions you have about getting a home loan, or to receive a rate quote.

Disclaimers: This article includes third-party data that are deemed reliable but not guaranteed. Pricing figures were not available for some Walnut Creek neighborhoods at the time we created this list. Home prices change constantly, so this list may become less accurate over time. You can view current sales prices on any of the major property listing websites (Realtor.com, Trulia, etc.).