Alameda, CA—94502
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Alameda, CA
Home Price Trends — Alameda, CA
As of Nov '25, the median home price in Alameda, CA is $1,137,000, with a year-over-year change of -3.5%. This indicates that home prices in Alameda, CA are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,137,000 | -3.5% |
| Single Family | $1,165,000 | -4.0% |
| Condos | $1,077,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $854,000 | -5.6% |
3 Bed | $1,108,000 | -3.1% |
4 Bed | $1,464,000 | -2.5% |
| 5 Bed | $2,022,385 | -2.3% |
% of Housing Stock
Rental Trends — Alameda, CA
As of July '25, Rentcast reports the average rent in Alameda, CA is $4,120, with a year-over-year rent change of -12.0%. Per bedroom, the median rent as of July '25 in Alameda, CA is studios: $2,040, 1-bedrooms: $3,200, 2-bedrooms: $4,000, 3-bedrooms: $4,200, 4-bedrooms: $5,110. The most common rental property sizes in Alameda, CA are 3-bedroom and 4-bedroom, accounting for 51.8% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,950 | $4,120 |
| Studio Rent | $2,040 | $2,040 |
| 1 Bed Rent | $3,200 | $3,200 |
| 2 Bed Rent | $3,800 | $4,000 |
| 3 Bed Rent | $4,300 | $4,200 |
| 4 Bed Rent | $4,950 | $5,110 |
% of Rental Stock
Property Listings — Alameda, CA
As of Nov '25, Realtor.com reports that the median days on market for a home in Alameda, CA is 48. This is a increase of 25.0% 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 | $948,000 | -9.0% |
Listing Count | 35 | 39.0% |
| Listings as % of Homes | 0.2% | 39.0% |
Days on Market | 48 | 25.0% |
Demographics — Alameda, CA
As of the latest ACS Survey released in 2023, Alameda, CA has a population of 13,400, which has decreased by -8.6% over the past 5 years. Alameda, CA is a moderately popular place for families, as children make up 24.9% of the population. The area has a highly educated workforce, with 71.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,400 | -8.6% |
% Under 18 | 24.9% | 6.4% |
% Seniors | 21.6% | 37.6% |
% WFH | 30.8% | 333.8% |
% w/ College Degree | 71.0% | 18.9% |
As of the latest ACS Survey released in 2023, Alameda, CA is a predominantly asian area, with 40.4% of the population identifying as asian. The asian population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Alameda, CA is white, making up 37.1% of the population. Foreign-born residents account for 25.6% of the population in Alameda, CA, and this percentage has increased by 4.1% 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 | 37.1% | 2.5% |
% Black | 2.3% | -34.3% |
% Hispanic | 12.8% | 37.6% |
% Asian | 40.4% | -10.0% |
% Foreign Born | 25.6% | 4.1% |
Mortgage and Risk — Alameda, CA
According to HUD data as of 2023, there were 160 mortgage originations in Alameda, CA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Alameda, CA. Investor activity is low, as 3.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 160 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 4.0% |
Rentals and Section 8 — Alameda, CA
As of 2024, the percent of homes in Alameda, CA under the Section 8 program is 7.6%. 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. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Alameda, CA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 38 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$110 | $3,200 | $3,090 |
| 2 Bedroom | -$40 | $3,800 | $3,760 |
| 3 Bedroom | $510 | $4,300 | $4,810 |
| 4 Bedroom | $770 | $4,950 | $5,720 |
Affordability — Alameda, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $1,137,000 |
| Median Household Income | $195,000 |