June 2026 · investor

Concord Single-Family Rental Update, June 2026

← All issues

$875K

Median sale price (May 2026)

A ground-level read on Concord single-family rents, home values, and tenant demand, and what the latest numbers mean for rental owners deciding whether to hold or sell.

The market in May

Concord homes sold at a median of $875,000 in May, up 8.8% from April, clearing at a full 100% of list in 16 days on the market. Three-bedroom rents held steady near $3,317 over the past six months.

Rents by unit size (median, May 2026)

  • 3-bedroom: $3,317 median, up 0.2% over six months, 33 listings
  • 2-bedroom: $2,258 median, down 1.4% over six months, 86 listings
  • 1-bedroom: $1,860 median, up 1.1% over six months, 91 listings

Sale side: median sale price $875K (up 8.8% from April), 16 days on the market, 100% sale-to-list (down 2.1 points).

What it means for owners

The rent-to-price math still works for buyers adding units here, and firming sale prices reward owners who have held. Steady rents support either path: keep collecting, or sell into a strengthening market while demand is firm.

If it's relevant

If you own a Concord rental and want to compare your numbers against the current market, I can walk through it with you.

Data through May 2026. Sources: MLS, Rentcast. Informational only, not legal, tax, or investment advice.

Get this in your inbox

Monthly market updates. No filler.

Questions? Get in touch