Hercules, CA—94547
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hercules, CA
As of Oct '25, the median home price in Hercules, CA is $738,000, with a year-over-year change of -6.5%. This indicates that home prices in Hercules, CA are decreasing. According to Zillow, the 1-year price projection is -2.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $738,000 | -6.5% |
| Single Family | $802,000 | -6.3% |
| Condos | $453,000 | -5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $348,000 | -7.0% |
2 Bed | $446,000 | -6.1% |
3 Bed | $685,000 | -6.5% |
4 Bed | $860,000 | -6.1% |
| 5 Bed | $947,000 | -5.3% |
% of Housing Stock
Rental Trends — Hercules, CA
As of July '25, Rentcast reports the average rent in Hercules, CA is $3,240, with a year-over-year rent change of 2.9%. Per bedroom, the median rent as of July '25 in Hercules, CA is studios: $2,430, 1-bedrooms: $2,260, 2-bedrooms: $2,860, 3-bedrooms: $3,630, 4-bedrooms: $4,230. The most common rental property sizes in Hercules, CA are 2-bedroom and 4-bedroom, accounting for 40.7% and 22.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,240 |
| Studio Rent | $2,390 | $2,430 |
| 1 Bed Rent | $2,300 | $2,260 |
| 2 Bed Rent | $3,000 | $2,860 |
| 3 Bed Rent | $3,700 | $3,630 |
| 4 Bed Rent | $4,400 | $4,230 |
% of Rental Stock
Property Listings — Hercules, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hercules, CA is 53. This is a increase of 43.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $611,000 | 10.0% |
Listing Count | 44 | 7.0% |
| Listings as % of Homes | 0.2% | 7.0% |
Days on Market | 53 | 43.0% |
Demographics — Hercules, CA
As of the latest ACS Survey released in 2023, Hercules, CA has a population of 26,200, which has increased by 3.6% over the past 5 years. Hercules, CA is a moderately popular place for families, as children make up 17.9% of the population. The area has a highly educated workforce, with 46.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,200 | 3.6% |
% Under 18 | 17.9% | -13.1% |
% Seniors | 18.7% | 28.1% |
% WFH | 18.1% | 311.4% |
% w/ College Degree | 46.3% | 7.2% |
As of the latest ACS Survey released in 2023, Hercules, CA is a predominantly asian area, with 43.9% of the population identifying as asian. The asian population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Hercules, CA is black, making up 18.7% of the population. Foreign-born residents account for 34.8% of the population in Hercules, CA, and this percentage has increased by 2.1% 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 | 15.4% | -14.0% |
% Black | 18.7% | 23.8% |
% Hispanic | 14.8% | -0.7% |
% Asian | 43.9% | -5.8% |
% Foreign Born | 34.8% | 2.1% |
Mortgage and Risk — Hercules, CA
According to HUD data as of 2023, there were 298 mortgage originations in Hercules, CA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Hercules, CA. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 298 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Hercules, CA
As of 2024, the percent of homes in Hercules, CA under the Section 8 program is 11.2%. 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. In Hercules, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 218 |
Total Units Section 8 | 218 |
% Rentals under Section 8 | 11.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $530 | $2,300 | $2,830 |
| 2 Bedroom | $450 | $3,000 | $3,450 |
| 3 Bedroom | $720 | $3,700 | $4,420 |
| 4 Bedroom | $840 | $4,400 | $5,240 |
Affordability — Hercules, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $738,000 |
| Median Household Income | $131,000 |