Home prices are up in Vallejo and homes are selling faster than last year, though the market faces challenges including high interest rates and the state’s ongoing insurance crisis, real estate data firms and local real estate agents said.
The median price of a Vallejo home was $537,000 in February, up 5.6 percent over February 2024, and it took fewer days to sell a home, according to online real estate firm Redfin.
“Buying in Vallejo continues to be more of a seller’s market, but it’s a more balanced market,” said Jenny Castaneda, president of the Solano Association of Realtors…