Alamo, CA—94507
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alamo, CA
As of Oct '25, the median home price in Alamo, CA is $2,420,000, with a year-over-year change of -3.4%. This indicates that home prices in Alamo, CA are decreasing. According to Zillow, the 1-year price projection is -2.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $2,420,000 | -3.4% |
| Single Family | $2,433,000 | -3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $1,042,000 | -8.4% |
3 Bed | $1,907,000 | -3.2% |
4 Bed | $2,424,000 | -2.9% |
| 5 Bed | $2,927,000 | -2.8% |
% of Housing Stock
Rental Trends — Alamo, CA
As of July '25, Rentcast reports the average rent in Alamo, CA is $5,670, with a year-over-year rent change of -6.4%. Per bedroom, the median rent as of July '25 in Alamo, CA is 1-bedrooms: $2,160, 2-bedrooms: $4,430, 3-bedrooms: $5,380, 4-bedrooms: $7,250. The most common rental property sizes in Alamo, CA are 3-bedroom and 4-bedroom, accounting for 51.0% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,500 | $5,670 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,920 | $2,160 |
| 2 Bed Rent | $4,500 | $4,430 |
| 3 Bed Rent | $5,500 | $5,380 |
| 4 Bed Rent | $7,000 | $7,250 |
% of Rental Stock
Property Listings — Alamo, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Alamo, CA is 37. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,890,000 | 0.0% |
Listing Count | 45 | -18.0% |
| Listings as % of Homes | 0.4% | -18.0% |
Days on Market | 37 | -6.0% |
Demographics — Alamo, CA
As of the latest ACS Survey released in 2023, Alamo, CA has a population of 14,500, which has decreased by -7.0% over the past 5 years. Alamo, CA is a moderately popular place for families, as children make up 20.9% of the population. The area has a highly educated workforce, with 76.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,500 | -7.0% |
% Under 18 | 20.9% | -12.6% |
% Seniors | 24.3% | 8.0% |
% WFH | 30.5% | 82.6% |
% w/ College Degree | 76.5% | 1.9% |
As of the latest ACS Survey released in 2023, Alamo, CA is a predominantly white area, with 74.9% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Alamo, CA is asian, making up 10.7% of the population. Foreign-born residents account for 13.2% of the population in Alamo, CA, and this percentage has increased by 4.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.9% | -7.3% |
% Black | 0.6% | -14.3% |
% Hispanic | 7.4% | 19.4% |
% Asian | 10.7% | 32.1% |
% Foreign Born | 13.2% | 4.8% |
Mortgage and Risk — Alamo, CA
According to HUD data as of 2023, there were 153 mortgage originations in Alamo, CA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Alamo, CA. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 153 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Alamo, CA
As of 2024, the percent of homes in Alamo, CA under the Section 8 program is 0.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Alamo, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $840 | $1,920 | $2,760 |
| 2 Bedroom | -$1,130 | $4,500 | $3,370 |
| 3 Bedroom | -$1,200 | $5,500 | $4,300 |
| 4 Bedroom | -$1,880 | $7,000 | $5,120 |
Affordability — Alamo, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.5 |
| Median Home Price | $2,420,000 |
| Median Household Income | $250,000 |