Why Live in Walnut Knolls
Walnut Knolls in Walnut Creek is a family-oriented neighborhood known for its diverse home styles, including ranch-style, split-level, and contemporary properties. Established in the 1940s, the area features homes built over several decades, with some still under construction. The housing market is highly competitive, with properties often selling in under a week. The neighborhood is managed by the Walnut Hills Association, which organizes community events such as the Labor Day Pig Roast & Potluck. Residents enjoy easy access to the Iron Horse Regional Trail, a 32-mile paved path ideal for walking, biking, and running. Nearby parks include Lar Rieu Park, Tice Valley Park, and Sugarloaf Open Space, offering various recreational opportunities. However, the valley location can lead to up to 20 days of poor air quality annually. Walnut Knolls is conveniently located less than half a mile from downtown Walnut Creek, where locals can find popular dining spots like Telefèric Barcelona, high-end shopping at Broadway Plaza, and fresh produce at the Walnut Creek Farmers Market. The neighborhood is well-connected, with Interstate 680 and the Bay Area Rapid Transit’s Yellow Line providing easy commutes to Oakland and San Francisco. Families are drawn to the area for its highly rated schools, including Murwood Elementary, Walnut Creek Intermediate, and Las Lomas High School, all of which receive high marks for their educational quality.
Frequently Asked Questions
Is Walnut Knolls a good place to live?
Walnut Knolls is a good place to live. Walnut Knolls is considered very car-dependent and somewhat bikeable. Walnut Knolls is a suburban neighborhood. Walnut Knolls has 8 parks for recreational activities. It is somewhat dense in population with 10.7 people per acre and a median age of 37. The average household income is $131,087 which is above the national average. College graduates make up 65.7% of residents. A majority of residents in Walnut Knolls are renters, with 71.9% of residents renting and 28.1% of residents owning their home. A
local real estate agent serving Walnut Knolls can help you decide if this neighborhood is the right one for you. Learn more on our
Walnut Knolls neighborhood guide.
How much do you need to make to afford a house in Walnut Knolls?
The median home price in Walnut Knolls is $518,995. If you put a 20% down payment of $103,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $115K a year to afford the median home price in Walnut Knolls. The average household income in Walnut Knolls is $131K.
What are the best public schools in Walnut Knolls?
The best public schools that serve Walnut Knolls are:
What are the best private schools in Walnut Knolls?
The best private schools that serve Walnut Knolls are:
What are the most popular zip codes in Walnut Knolls, Walnut Creek, CA?
What are the most popular neighborhoods near Walnut Knolls, Walnut Creek, CA?
Are home prices dropping in Walnut Knolls?
Yes, home prices in Walnut Knolls are down 59% in the last 12 months.
Home Trends in Walnut Knolls, CA
On average, homes in Walnut Knolls, Walnut Creek sell after 24 days on the market compared to the national average of 70 days. The median sale price for homes in Walnut Knolls, Walnut Creek over the last 12 months is $330,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$330,000
Median Single Family Sale Price
$499,000
Median 2 Bedroom Sale Price
$230,000
Average Price Per Sq Ft
$215
Number of Homes for Sale
1
Last 12 months Home Sales
4
Median List Price
$518,995
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
2%