Is It Still a Good Time to Buy a Home in Danville or San Ramon?
Is It Still a Good Time to Buy a Home in Danville or San Ramon?
If you’re contemplating a home purchase in Danville or San Ramon in 2025, you’re smart to ask: “Is now the right moment?” The answer: yes — but with important caveats. The market in both cities remains desirable, yet it has shifted away from the frenetic pace of recent years. Knowing the current dynamics will help you make a more informed decision.
What the Data Shows
Danville:
The average home value in Danville is around $1,843,806, and it has declined about 5.5% over the past year. Zillow+1
The median sale price in September 2025 was about $1,665,000, representing a modest year-over-year increase of ~0.9% according to one source. Redfin
In Q2 2025 one report noted a median price of ~$1.8 M, down ~5.1% compared to the previous year. Marc Afzal
The listing price for homes in Danville is around $2 M, with price per square foot in the ~$768–775 range. Realtor+1
San Ramon:
The average home value in San Ramon is about $1,504,292, showing a 6.7% decline over the past year. Zillow
The median sale price in September 2025 was around $1,359,049, down ~2.9% year-over-year. Redfin
The median listing price in San Ramon has been around $1.3 M, and recent data indicate a slightly slower market (longer days on market compared to the peak years). Realtor+1
What this suggests: Both markets are still desirable, but they’re no longer in hyper-growth mode. Price declines or modest gains, longer marketing times, and more inventory mean buyers have more options — but also must be strategic.
Why Buying Now Makes Sense
Strong location fundamentals. Both Danville and San Ramon continue to offer attributes that hold long-term appeal: good schools, attractive neighborhoods, strong community amenities, and proximity to the Bay Area tech economy.
For instance, Danville is repeatedly noted for its desirability and continued buyer interest. chawlarealestate.com+1
In San Ramon, despite the slight price drop, the market is still labelled “very competitive.” Redfin
Potential value opportunity. With median prices slightly down or flat, and some inventory coming onto the market, buyers may find homes that were previously priced under high-appreciation assumptions that no longer hold. This opens negotiating room and timing flexibility.
Refinancing possibility. If you’re ready to buy and plan to stay in the home long-term, securing a home now and potentially refinancing later (if rates drop) may make sense in the overall strategy. Some advisors are suggesting this route in the broader Bay Area. youtube.com+1
Why Now May Be Risky or Needs Extra Caution
High price levels remain. Even with slight declines, you’re still buying in a market where median sales are well above $1 M — affordability is a serious consideration. For Danville especially, median values near $1.8 M mean many buyers need strong income and financing. The Renee White Team
Interest rates remain elevated. Higher mortgage rates eat purchasing power and raise monthly costs. This means you must be financially ready and comfortable with the payment, not just the sticker price.
Appreciation may be modest moving forward. While these markets may still hold value, the days of double-digit annual gains are likely behind. For example, forecasts for Danville suggest only “modest growth” in 2025. chawlarealestate.com+1
Segmented market dynamics. Some neighborhoods (or homes needing work) may experience slower sales or price pressure. For example, one neighborhood in Danville showed an extreme 38.2% year-over-year drop in one subset. Redfin
Buyers need to carefully assess condition, location, and home-type to avoid being caught in a weaker micro-market.
So, Is It a Good Time for You?
The real answer depends on your personal goals, finances, timeline, and the home you’re purchasing. Ask yourself:
How long do you plan to stay in the home? If you’re in for the long haul (5-10 years or more), the fundamentals in Danville and San Ramon support ownership. If short horizon, you might face slower appreciation.
Are you financially comfortable? Beyond down payment, consider mortgage payments, taxes, maintenance, and potential rate changes.
Does the home check key boxes? Because the market is less forgiving of weak condition or speculative purchases, focus on homes in good locations, solid condition, strong schools, and features buyers continue to value (e.g., outdoor space, home-office set-up).
Are you prepared for negotiation and timing? Since the market is more balanced, rather than full seller’s-market rush, you may have more room to negotiate — but you still need to act decisively on homes that check your criteria.
If you’re buying in Danville or San Ramon, and you meet the above criteria, then yes — it can be a very good time to buy. You’re benefiting from strong fundamentals, more inventory than the peak frenzy years, and potential for value retention/gradual growth.
If you’re buying without strong financing, planning to flip quickly, or choosing a home with location or condition compromises, then you may want to wait or refine your strategy.