Piedmont, CA—94611
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Piedmont, CA
As of Oct '25, the median home price in Piedmont, CA is $1,335,000, with a year-over-year change of -6.5%. This indicates that home prices in Piedmont, 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 | $1,335,000 | -6.5% |
| Single Family | $1,426,000 | -5.9% |
| Condos | $402,000 | -16.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $381,000 | -17.4% |
2 Bed | $935,000 | -7.5% |
3 Bed | $1,325,000 | -6.2% |
4 Bed | $1,729,000 | -4.8% |
| 5 Bed | $2,440,000 | -3.5% |
% of Housing Stock
Rental Trends — Piedmont, CA
As of July '25, Rentcast reports the average rent in Piedmont, CA is $2,770, with a year-over-year rent change of -15.5%. Per bedroom, the median rent as of July '25 in Piedmont, CA is studios: $1,810, 1-bedrooms: $2,250, 2-bedrooms: $2,830, 3-bedrooms: $4,170, 4-bedrooms: $6,290. The most common rental property sizes in Piedmont, CA are 1-bedroom and 2-bedroom, accounting for 44.7% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,770 |
| Studio Rent | $1,800 | $1,810 |
| 1 Bed Rent | $2,220 | $2,250 |
| 2 Bed Rent | $2,700 | $2,830 |
| 3 Bed Rent | $4,480 | $4,170 |
| 4 Bed Rent | $6,500 | $6,290 |
% of Rental Stock
Property Listings — Piedmont, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Piedmont, CA is 36. This is a increase of 27.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,090,000 | -13.0% |
Listing Count | 128 | -11.0% |
| Listings as % of Homes | 0.2% | -11.0% |
Days on Market | 36 | 27.0% |
Demographics — Piedmont, CA
As of the latest ACS Survey released in 2023, Piedmont, CA has a population of 39,200, which has remained stable by -0.4% over the past 5 years. Piedmont, CA is a moderately popular place for families, as children make up 18.0% of the population. The area has a highly educated workforce, with 77.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 38.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,200 | -0.4% |
% Under 18 | 18.0% | 4.0% |
% Seniors | 22.5% | 17.2% |
% WFH | 38.4% | 265.7% |
% w/ College Degree | 77.8% | 4.7% |
As of the latest ACS Survey released in 2023, Piedmont, CA is a predominantly white area, with 58.8% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Piedmont, CA is asian, making up 17.8% of the population. Foreign-born residents account for 17.0% of the population in Piedmont, CA, and this percentage has increased by 3.0% 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 | 58.8% | -8.0% |
% Black | 6.7% | 1.5% |
% Hispanic | 7.3% | 7.4% |
% Asian | 17.8% | 16.3% |
% Foreign Born | 17.0% | 3.0% |
Mortgage and Risk — Piedmont, CA
According to HUD data as of 2023, there were 598 mortgage originations in Piedmont, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Piedmont, CA. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 598 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Piedmont, CA
As of 2024, the percent of homes in Piedmont, CA under the Section 8 program is 10.9%. 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 Piedmont, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 799 |
Total Units Section 8 | 798 |
% Rentals under Section 8 | 10.9% |
% Occupied Section 8 | 87.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $2,220 | $2,060 |
| 2 Bedroom | -$190 | $2,700 | $2,510 |
| 3 Bedroom | -$1,270 | $4,480 | $3,210 |
| 4 Bedroom | -$2,680 | $6,500 | $3,820 |
Affordability — Piedmont, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.4 |
| Median Home Price | $1,335,000 |
| Median Household Income | $177,000 |