Hayward, CA—94541
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 $770,000, with a year-over-year change of -6.2%. This indicates that home prices in Hayward, 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 | $770,000 | -6.2% |
| Single Family | $786,000 | -6.2% |
| Condos | $564,000 | -5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $509,000 | -9.8% |
2 Bed | $627,000 | -6.8% |
3 Bed | $790,000 | -5.7% |
4 Bed | $975,000 | -5.9% |
| 5 Bed | $1,139,000 | -5.2% |
% of Housing Stock
Rental Trends — Hayward, CA
As of July '25, Rentcast reports the average rent in Hayward, CA is $2,490, with a year-over-year rent change of -4.6%. Per bedroom, the median rent as of July '25 in Hayward, CA is studios: $1,790, 1-bedrooms: $1,820, 2-bedrooms: $2,620, 3-bedrooms: $3,580, 4-bedrooms: $4,210. The most common rental property sizes in Hayward, CA are 2-bedroom and 1-bedroom, accounting for 47.3% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,490 |
| Studio Rent | $1,600 | $1,790 |
| 1 Bed Rent | $1,800 | $1,820 |
| 2 Bed Rent | $2,590 | $2,620 |
| 3 Bed Rent | $3,420 | $3,580 |
| 4 Bed Rent | $4,000 | $4,210 |
% 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 31. This is a increase of 19.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $747,000 | -6.0% |
Listing Count | 103 | 8.0% |
| Listings as % of Homes | 0.2% | 8.0% |
Days on Market | 31 | 19.0% |
Demographics — Hayward, CA
As of the latest ACS Survey released in 2023, Hayward, CA has a population of 67,800, which has increased by 2.6% over the past 5 years. Hayward, CA is a moderately popular place for families, as children make up 21.0% of the population. The area has a moderately educated workforce, with 30.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 67,800 | 2.6% |
% Under 18 | 21.0% | -9.1% |
% Seniors | 14.5% | 25.0% |
% WFH | 12.6% | 215.0% |
% w/ College Degree | 30.2% | 14.0% |
As of the latest ACS Survey released in 2023, Hayward, CA is a predominantly hispanic area, with 44.8% of the population identifying as hispanic. The hispanic population has grown by 3.0% in the last 5 years. The second most common race or ethnicity in Hayward, CA is asian, making up 19.7% of the population. Foreign-born residents account for 35.5% of the population in Hayward, CA, and this percentage has increased by 10.6% 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 | 17.5% | -17.1% |
% Black | 11.6% | -20.0% |
% Hispanic | 44.8% | 3.0% |
% Asian | 19.7% | 19.4% |
% Foreign Born | 35.5% | 10.6% |
Mortgage and Risk — Hayward, CA
According to HUD data as of 2023, there were 472 mortgage originations in Hayward, CA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Hayward, CA. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 472 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Hayward, CA
As of 2024, the percent of homes in Hayward, CA under the Section 8 program is 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Hayward, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,326 |
Total Units Section 8 | 1,240 |
% Rentals under Section 8 | 11.2% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $1,800 | $2,040 |
| 2 Bedroom | -$110 | $2,590 | $2,480 |
| 3 Bedroom | -$250 | $3,420 | $3,170 |
| 4 Bedroom | -$230 | $4,000 | $3,770 |
Affordability — Hayward, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $770,000 |
| Median Household Income | $107,000 |