The typical owner-occupied home in Walnut Creek is worth about $198,800, 7% below the Ohio median of $214,800 and 40% below the national median of $332,700. Owners pay a median $2,395 a year in property taxes, about 1.20% of their home's value, lower than the Ohio rate of 1.31%. The median household earns $80,724 a year, so the median home costs 2.5 times the median income (3.0 times for Ohio). 67% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Walnut Creek at a glance
| Walnut Creek | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $198,800 | $214,800 | $332,700 |
| Median property tax paid per year | $2,395 | $2,822 | $3,119 |
| Property tax as a share of value | 1.20% | 1.31% | 0.94% |
| Median household income | $80,724 | $71,389 | $80,734 |
| Homes lived in by their owners | 67% | 67% | 65% |
| Owner homes with a mortgage | 49% | 61% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,517 | $1,963 |
| Median rent | $1,234 | $1,034 | $1,413 |
| Rent as a share of renters' income | 19.1% | 28.3% | 30.6% |
| Median year homes were built | 1968 | 1970 | 1980 |
| Vacant homes | 15.7% | 8.1% | 10.1% |
| Population | 1,053 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Walnut Creek
At this week's average 30-year rate of 7.11%, buying the median Walnut Creek home of $198,800 with 20% down costs about $1,352 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,683, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $57,921 for the 20%-down payment. That payment is 20% of the median Walnut Creek household income of $80,724; at that income and 20% down, the 28% guideline points to a home of about $277,000.
The median rent here is $1,234 a month, so owning the median home costs about $118 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $39,760 |
|---|---|
| Loan amount | $159,040 |
| Principal and interest | $1,070 |
| Property taxes (1.20% a year) | $199 |
| Homeowners insurance (our estimate, 0.5% a year) | $83 |
| PMI | $0 |
| Total per month | $1,352 |
Change the numbers in the calculator
| Down payment | $6,958 |
|---|---|
| Loan amount | $195,199 |
| Principal and interest | $1,313 |
| Property taxes (1.20% a year) | $199 |
| Homeowners insurance (our estimate, 0.5% a year) | $83 |
| FHA mortgage insurance | $88 |
| Total per month | $1,683 |
Change the numbers in the calculator
Questions about home buying in Walnut Creek
What is the median home value in Walnut Creek?
About $198,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Walnut Creek?
Homeowners pay a median $2,395 a year, which is about 1.20% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Walnut Creek?
For the median home with 20% down at 7.11%, the payment is about $1,352 a month. Keeping that under 28% of gross income takes about $57,921 a year.
More about Walnut Creek
- Mortgage Refinance in Walnut Creek
- Debt Relief in Walnut Creek
- Home Equity Loans in Walnut Creek
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data