Hayward, CA—94542
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hayward, CA
As of Oct '25, the median home price in Hayward, CA is $1,217,000, with a year-over-year change of -5.1%. This indicates that home prices in Hayward, CA are decreasing. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,217,000 | -5.1% |
| Single Family | $1,249,000 | -5.3% |
| Condos | $813,000 | -2.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $427,000 | -7.8% |
2 Bed | $624,000 | -4.1% |
3 Bed | $1,021,000 | -4.6% |
4 Bed | $1,392,000 | -4.7% |
| 5 Bed | $1,800,000 | -2.0% |
% of Housing Stock
Rental Trends — Hayward, CA
As of July '25, Rentcast reports the average rent in Hayward, CA is $3,210, with a year-over-year rent change of -6.4%. Per bedroom, the median rent as of July '25 in Hayward, CA is 1-bedrooms: $1,810, 2-bedrooms: $2,530, 3-bedrooms: $3,220, 4-bedrooms: $5,300. The most common rental property sizes in Hayward, CA are 2-bedroom and 1-bedroom, accounting for 59.8% and 15.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $3,210 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,840 | $1,810 |
| 2 Bed Rent | $2,500 | $2,530 |
| 3 Bed Rent | $3,200 | $3,220 |
| 4 Bed Rent | $5,000 | $5,300 |
% of Rental Stock
Property Listings — Hayward, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hayward, CA is 37. This is a decrease of -8.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $972,000 | -20.0% |
Listing Count | 28 | 9.0% |
| Listings as % of Homes | 0.4% | 9.0% |
Days on Market | 37 | -8.0% |
Demographics — Hayward, CA
As of the latest ACS Survey released in 2023, Hayward, CA has a population of 14,700, which has increased by 3.6% over the past 5 years. Hayward, CA is a less popular place for families, as children make up 13.9% of the population. The area has a highly educated workforce, with 48.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,700 | 3.6% |
% Under 18 | 13.9% | -17.8% |
% Seniors | 16.0% | 22.1% |
% WFH | 20.2% | 296.1% |
% w/ College Degree | 48.1% | 0.8% |
As of the latest ACS Survey released in 2023, Hayward, CA is a predominantly white area, with 27.7% of the population identifying as white. The white population has shrunk by 11.5% in the last 5 years. The second most common race or ethnicity in Hayward, CA is hispanic, making up 27.2% of the population. Foreign-born residents account for 32.4% of the population in Hayward, CA, and this percentage has increased by 5.2% 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 | 27.7% | -11.5% |
% Black | 12.2% | 3.4% |
% Hispanic | 27.2% | 3.0% |
% Asian | 22.4% | -3.4% |
% Foreign Born | 32.4% | 5.2% |
Mortgage and Risk — Hayward, CA
According to HUD data as of 2023, there were 281 mortgage originations in Hayward, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Hayward, CA. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 281 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Hayward, CA
As of 2024, the percent of homes in Hayward, CA under the Section 8 program is 5.3%. 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 and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Hayward, CA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 76 |
Total Units Section 8 | 76 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $560 | $1,840 | $2,400 |
| 2 Bedroom | $430 | $2,500 | $2,930 |
| 3 Bedroom | $550 | $3,200 | $3,750 |
| 4 Bedroom | -$550 | $5,000 | $4,450 |
Affordability — Hayward, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.9 |
| Median Home Price | $1,217,000 |
| Median Household Income | $132,000 |