The median sales price of a Contra Costa County home in the second quarter of 2024 was $838,000, based on data from the 2,555 properties sold during that time. In 2024, the median tax bill for the county was $6,913, which is 0.8% of the median value of the homes that were taxed.
This is 0.7 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Contra Costa County real estate data showed homeowners in Oakley (Unincorporated) and Lafayette (Unincorporated) paid the highest rates.
The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2023 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.
“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.
The following table compares Oakley (Unincorporated) with some other cities belonging to Contra Costa County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2024.
City | Q2 2024 Sales | Q2 2024 Median Price | Median tax 2024 | Effective tax rate |
---|---|---|---|---|
Oakley (Unincorporated) | 6 | $385,000 | $4,607 | 1.2% |
Lafayette (Unincorporated) | 3 | $1,200,000 | $12,896 | 1.1% |
Brentwood | 169 | $785,000 | $7,602 | 1% |
Hercules | 49 | $697,500 | $7,286 | 1% |
Richmond | 165 | $633,000 | $6,518 | 1% |
Discovery Bay (Unincorporated) | 58 | $839,750 | $8,452 | 1% |
Oakley | 84 | $670,000 | $6,116 | 0.9% |
Pinole | 30 | $705,500 | $6,213 | 0.9% |
San Pablo | 15 | $500,000 | $4,721 | 0.9% |
El Sobrante (Unincorporated) | 22 | $675,000 | $5,779 | 0.9% |
Bay Point (Unincorporated) | 15 | $479,000 | $4,111 | 0.9% |
Martinez (Unincorporated) | 29 | $615,000 | $5,387 | 0.9% |
Crockett (Unincorporated) | 9 | $675,000 | $5,910 | 0.9% |
Antioch | 254 | $610,000 | $4,683 | 0.8% |
Clayton | 34 | $1,099,500 | $8,752 | 0.8% |
Richmond (Unincorporated) | 15 | $770,000 | $6,091 | 0.8% |
San Pablo (Unincorporated) | 27 | $635,000 | $4,815 | 0.8% |
Kensington | 14 | $1,480,000 | $11,520 | 0.8% |
Rodeo (Unincorporated) | 16 | $697,000 | $5,713 | 0.8% |
Concord | 308 | $760,000 | $5,435 | 0.7% |
El Cerrito | 66 | $1,170,000 | $8,451 | 0.7% |
Martinez | 113 | $832,500 | $6,207 | 0.7% |
Orinda | 54 | $2,125,500 | $15,138 | 0.7% |
Pittsburg | 85 | $580,000 | $3,949 | 0.7% |
Pleasant Hill | 95 | $1,025,000 | $7,027 | 0.7% |
San Ramon | 172 | $1,637,500 | $11,909 | 0.7% |
Walnut Creek | 161 | $1,175,000 | $8,151 | 0.7% |
Danville (Unincorporated) | 68 | $2,370,000 | $16,476 | 0.7% |
Concord (Unincorporated) | 3 | $729,000 | $5,388 | 0.7% |
San Ramon (Unincorporated) | 4 | $3,802,500 | $27,725 | 0.7% |
Danville | 153 | $1,800,000 | $11,257 | 0.6% |
Lafayette | 65 | $2,400,000 | $13,762 | 0.6% |
Moraga | 45 | $1,750,000 | $10,680 | 0.6% |
Alamo (Unincorporated) | 47 | $2,800,000 | $16,597 | 0.6% |
Pleasant Hill (Unincorporated) | 3 | $1,500,000 | $9,700 | 0.6% |
Walnut Creek (Unincorporated) | 42 | $1,587,500 | $9,986 | 0.6% |