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Featured local agent — Larkspur, CA
Sarah Mitchell
Compass Real Estate · Larkspur, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Larkspur, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$2.88Mmedian sale price
How is the Larkspur, CA housing market right now?
The median home sale price in Larkspur, CA is $2.88M, up 31.0% year-over-year. Homes sell in an average of 18 days with 37 active listings. The market is currently a strong seller's market. (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 Larkspur a buyer's or seller's market?
Larkspur, CA is currently a strong seller's market, based on 2.5 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
18
Fast-moving
Active listings
37
2.5 months supply
Sale-to-list
106.9%
Above asking
What does the Larkspur housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $2.88M |
| Median list price | $1.80M |
| Year-over-year price change | +31.0% |
| Average days on market | 18 days |
| Active inventory | 37 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 106.9% |
| Median price per sq ft | $1,308/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 20 |
| Listings with a price cut | 43.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Larkspur by property type?
How the Larkspur, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $3.69M | $1,378/sq ft | 11 | 12 days |
| Condo / Co-op | $751,250 | $681/sq ft | 2 | 45 days |
| Townhouse | $998,500 | $704/sq ft | 2 | 20 days |
Source: Redfin · Updated monthly
The Larkspur housing market is currently classified as a strong seller's market with a median sale price of $2.88M. Prices have risen 31.0% compared to last year, with homes spending an average of 18 days on market, indicating 2.5 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 16.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Larkspur
There are currently 37 homes listed for sale in Larkspur, California. The median listing price is $1.8M.
Active listings
37
Homes on market
Median list price
$1.8M
Avg. days on market
18
Days until sale
New this week
20
Newly listed
Who lives in Larkspur?
Population
12,856
Median income
$134,744/yr
Median age
49.9 years
Owner-occupied
48.2%
College grads
69.4%
Avg commute
29.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Larkspur?
Zillow home value
$2.22M
Zillow rent index
$3,874/mo
Price-to-rent ratio
47.7x
Price-to-income
16.5x
Source: Zillow Research
What is it like to live in Larkspur?
Larkspur is a community of approximately 13K residents with a median age of 49.9 years.The median household income is $134,744, which reflects a relatively affluent area with strong earning potential. 69.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 48.2%, showing a blend of owner and renter-occupied properties. The average commute time is 29.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Larkspur offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Larkspur?
4 schools tracked · 2,421 students
The largest public schools serving Larkspur, 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.
Redwood High
Grades 9-12 · 1,785 students
Hall Middle
Grades 6-8 · 443 students
Tamiscal High (Alternative)
Grades 9-12 · 134 students
San Andreas High (Continuation)
Grades 10-12 · 59 students
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 Larkspur, CA?
Want a head-to-head view? Compare Larkspur side-by-side with any other U.S. city using our market-comparison tool.
Is Larkspur a good real estate investment market?
For investors evaluating Larkspur, the price-to-rent ratio of 47.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 31.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Larkspur's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Larkspur's median home price.
Frequently asked questions
What is the average home price in Larkspur?
The median home sale price in Larkspur is $2.88M, up 31.0% from last year.
How long do homes stay on market in Larkspur?
Homes typically spend 18 days on market before going under contract.
What is the median income in Larkspur?
The median household income is $134,744 per year.
Is Larkspur a buyer's or seller's market?
With 2.5 months of supply, Larkspur is currently a strong seller's market.
What is the Zillow home value estimate for Larkspur?
The Zillow Home Value Index (ZHVI) for Larkspur is $2.22M, representing the typical home value in the area.
What is the median condo price in Larkspur?
The median condo/co-op sale price in Larkspur, CA is $751,250, compared to $3.69M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Larkspur?
The median single-family home price in Larkspur, CA is $3.69M (about $1,378 per square foot).
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