San Leandro, CA—94579
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — San Leandro, CA
As of Oct '25, the median home price in San Leandro, CA is $843,000, with a year-over-year change of -5.5%. This indicates that home prices in San Leandro, CA are decreasing. According to Zillow, the 1-year price projection is -2.0%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $843,000 | -5.5% |
| Single Family | $845,000 | -5.3% |
| Condos | $470,000 | -7.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $681,000 | -4.6% |
3 Bed | $816,000 | -5.4% |
4 Bed | $1,003,000 | -4.1% |
| 5 Bed | $1,041,000 | -3.4% |
% of Housing Stock
Rental Trends — San Leandro, CA
As of July '25, Rentcast reports the average rent in San Leandro, CA is $2,930, with a year-over-year rent change of 9.7%. Per bedroom, the median rent as of July '25 in San Leandro, CA is studios: $1,700, 1-bedrooms: $2,000, 2-bedrooms: $2,350, 3-bedrooms: $3,950, 4-bedrooms: $3,750. The most common rental property sizes in San Leandro, CA are 3-bedroom and 1-bedroom, accounting for 28.3% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,930 |
| Studio Rent | $1,700 | $1,700 |
| 1 Bed Rent | $1,700 | $2,000 |
| 2 Bed Rent | $2,350 | $2,350 |
| 3 Bed Rent | $3,700 | $3,950 |
| 4 Bed Rent | $3,400 | $3,750 |
% of Rental Stock
Property Listings — San Leandro, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in San Leandro, CA is 34. This is a decrease of -31.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $804,000 | -6.0% |
Listing Count | 26 | 16.0% |
| Listings as % of Homes | 0.2% | 16.0% |
Days on Market | 34 | -31.0% |
Demographics — San Leandro, CA
As of the latest ACS Survey released in 2023, San Leandro, CA has a population of 20,000, which has decreased by -9.5% over the past 5 years. San Leandro, CA is a moderately popular place for families, as children make up 15.2% of the population. The area has a moderately educated workforce, with 27.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,000 | -9.5% |
% Under 18 | 15.2% | -16.9% |
% Seniors | 21.3% | 35.7% |
% WFH | 11.7% | 244.1% |
% w/ College Degree | 27.8% | -1.1% |
As of the latest ACS Survey released in 2023, San Leandro, CA is a predominantly asian area, with 53.7% of the population identifying as asian. The asian population has grown by 9.8% in the last 5 years. The second most common race or ethnicity in San Leandro, CA is white, making up 20.2% of the population. Foreign-born residents account for 43.9% of the population in San Leandro, CA, and this percentage has increased by 7.1% 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 | 20.2% | -11.0% |
% Black | 2.7% | -46.0% |
% Hispanic | 17.4% | -11.2% |
% Asian | 53.7% | 9.8% |
% Foreign Born | 43.9% | 7.1% |
Mortgage and Risk — San Leandro, CA
According to HUD data as of 2023, there were 223 mortgage originations in San Leandro, CA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in San Leandro, CA. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 223 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — San Leandro, CA
As of 2024, the percent of homes in San Leandro, CA under the Section 8 program is 10.8%. 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 4-bedroom units appear to be good home sizes to consider for Section 8 housing in San Leandro, CA, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 164 |
Total Units Section 8 | 164 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 92.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $370 | $1,700 | $2,070 |
| 2 Bedroom | $170 | $2,350 | $2,520 |
| 3 Bedroom | -$480 | $3,700 | $3,220 |
| 4 Bedroom | $430 | $3,400 | $3,830 |
Affordability — San Leandro, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9 |
| Median Home Price | $843,000 |
| Median Household Income | $94,200 |