Livermore, CA Housing Market Update: Rates Dip Below 6%
Livermore, CA – February 27, 2026 – Mortgage rates dipped below 6%, while local prices stayed high; inventory and rents show early spring movement.
Mortgage borrowing costs eased heading into spring. Freddie Mac’s weekly average 30-year fixed mortgage rate came in at 5.98% for the survey week ending 02/26/2026, putting rates just under the 6% mark.
Top takeaways
- Median sale price was about $1.18M in Jan. 2026, up 4.2% year over year.
- Homes sold in a median 37 days, with 33 closed sales reported for the month.
- Zillow’s typical home value estimate was about $1.08M, down 5.9% over the past year (data through 01/31/2026).
- For-sale inventory stood at 139 homes, including 44 new listings (as of 01/31/2026).
Market snapshot
Redfin continues to describe the market as very competitive, noting homes receive about three offers on average. The same update shows a sale-to-list ratio near 99.3% in Jan. 2026, suggesting many homes are still closing close to list price even with higher borrowing costs.
On Zillow’s local dashboard, the median list price is around $1.07M. Zillow also shows a typical time to pending of about 30 days, a useful data point for buyers trying to gauge how quickly decisions may need to be made once a home hits the market.
Rentals & what to watch
Zillow’s observed rent index put average asking rent around $2,850 as of 01/31/2026, essentially flat year over year. With rates hovering near 6%, some buyers may revisit monthly payments and affordability scenarios, while sellers may watch for early-season showings if new listings continue to rise.
What are you seeing right now—more price cuts, stronger bidding, or a quieter stretch?