Market Overview
Home Prices in Larkspur, CA
The median home value in Larkspur, CA is $2,200,578 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.6% compared to a year ago and down 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Larkspur are priced437% above average. Larkspur is part of the San Francisco-Oakland-Berkeley, CA metro area.
Over the past five years, Larkspur home values have risen by approximately8.6%, reflecting steady appreciation in this market.
Price History
Larkspur Home Price Trend
City Comparison
Larkspur vs. National Median
At $2,200,578, homes in Larkspur cost 437% above the national median of $410,000. Buyers in Larkspur should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Larkspur?
20% Down Payment
$440,116
on $2,200,578
Monthly P&I
$11,477/mo
30-yr @ 6.8%
Total Monthly Est.
~$14,576/mo
incl. taxes & insurance
Income Needed
$583,040
gross annual (30% rule)
10% Down Option
$220,058
+ PMI applies
Loan Amount (20% dn)
$1,760,462
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Larkspur, CA?
The median home value in Larkspur is $2,200,578 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.6% year-over-year.
How much have home prices changed in Larkspur?
Over the past year, home values in Larkspur have increased by 6.6%. Over five years, prices have risen approximately 8.6%.
How much do I need to earn to buy a home in Larkspur?
To comfortably afford the median home price of $2,200,578 with a 20% down payment ($440,116) at today's rates (6.8%), you'd need a gross annual income of approximately $583,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Larkspur compare to the national average home price?
The national median home value is approximately $410,000. At $2,200,578, homes in Larkspur are 437% above the national average.
What metro area is Larkspur part of?
Larkspur is part of the San Francisco-Oakland-Berkeley, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.