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Featured local agent — Discovery Bay, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Discovery Bay, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Discovery Bay, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Discovery Bay, CA Housing Market & Real Estate

Leaning buyer's-3.1% YoY

Housing market overview · Updated monthly ·

$799,000median sale price

How is the Discovery Bay, CA housing market right now?

The median home sale price in Discovery Bay, CA is $799,000, down 3.1% year-over-year. Homes sell in an average of 50 days with 103 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Discovery Bay a buyer's or seller's market?

Leaning buyer's6.1 months of supply50 avg. days on market

Discovery Bay, CA is currently a leaning buyer's, based on 6.1 months of supply and homes selling in about 50 days. How we determine this →

Homes sold

17

Last 12 weeks

Days on market

50

Average pace

Active listings

103

6.1 months supply

Sale-to-list

97.0%

Below asking

What does the Discovery Bay housing market data show?

Current housing market statistics for Discovery Bay, CA
MetricValue
Median sale price$799,000
Median list price$829,490
Year-over-year price change-3.1%
Average days on market50 days
Active inventory103 listings
Months of supply6.1 months
Sale-to-list price ratio97.0%
Median price per sq ft$330/sq ft
Homes sold (latest month)17
New listings (latest month)37
Listings with a price cut29.1%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Discovery Bay by property type?

How the Discovery Bay, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Discovery Bay, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$800,000$330/sq ft1528 days
Condo / Co-op$580,000$503/sq ft182 days
Townhouse$427,000$326/sq ft157 days

Source: Redfin · Updated monthly

The Discovery Bay housing market is currently classified as a leaning buyer's with a median sale price of $799,000. Prices have fallen 3.1% compared to last year, with homes spending an average of 50 days on market, indicating 6.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.1x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Discovery Bay

There are currently 103 homes listed for sale in Discovery Bay, California. The median listing price is $829K.

Active listings

103

Homes on market

Median list price

$829K

Avg. days on market

50

Days until sale

New this week

37

Newly listed

Price drops:29.1%of listings
Sale-to-list:97.0%

Who lives in Discovery Bay?

Population

15,243

Median income

$154,792/yr

Median age

44.4 years

Owner-occupied

88.7%

College grads

33.1%

Avg commute

42 min

Source: U.S. Census Bureau ACS

What are homes worth in Discovery Bay?

Zillow home value

$794,959

Zillow rent index

$3,575/mo

Price-to-rent ratio

18.5x

Price-to-income

5.1x

Source: Zillow Research

What is it like to live in Discovery Bay?

Discovery Bay is a community of approximately 15K residents with a median age of 44.4 years.The median household income is $154,792, which reflects a relatively affluent area with strong earning potential. 33.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 88.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 42 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Discovery Bay offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Discovery Bay?

3 schools tracked · 815 students

The largest public schools serving Discovery Bay, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Discovery Bay Elementary

Grades K-5 · 438 students

Public

Timber Point Elementary

Grades K-5 · 356 students

Public

Byron Institute for Independent Study

Grades K-8 · 21 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Discovery Bay, CA?

Want a head-to-head view? Compare Discovery Bay side-by-side with any other U.S. city using our market-comparison tool.

Is Discovery Bay a good real estate investment market?

For investors evaluating Discovery Bay, the price-to-rent ratio of 18.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 3.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Discovery Bay's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Discovery Bay's median home price.

Frequently asked questions

What is the average home price in Discovery Bay?

The median home sale price in Discovery Bay is $799,000, down 3.1% from last year.

How long do homes stay on market in Discovery Bay?

Homes typically spend 50 days on market before going under contract.

What is the median income in Discovery Bay?

The median household income is $154,792 per year.

Is Discovery Bay a buyer's or seller's market?

With 6.1 months of supply, Discovery Bay is currently a leaning buyer's.

What is the Zillow home value estimate for Discovery Bay?

The Zillow Home Value Index (ZHVI) for Discovery Bay is $794,959, representing the typical home value in the area.

What is the median condo price in Discovery Bay?

The median condo/co-op sale price in Discovery Bay, CA is $580,000, compared to $800,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Discovery Bay?

The median single-family home price in Discovery Bay, CA is $800,000 (about $330 per square foot).

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