Hayward, CA—94544
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 $823,000, with a year-over-year change of -7.7%. This indicates that home prices in Hayward, CA are decreasing. According to Zillow, the 1-year price projection is -2.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $823,000 | -7.7% |
| Single Family | $840,000 | -7.9% |
| Condos | $507,000 | -7.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $382,000 | -8.0% |
2 Bed | $586,000 | -6.7% |
3 Bed | $815,000 | -8.1% |
4 Bed | $997,000 | -6.4% |
| 5 Bed | $1,268,000 | -7.4% |
% of Housing Stock
Rental Trends — Hayward, CA
As of July '25, Rentcast reports the average rent in Hayward, CA is $2,520, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Hayward, CA is studios: $2,260, 1-bedrooms: $2,030, 2-bedrooms: $2,460, 3-bedrooms: $3,460, 4-bedrooms: $4,200. The most common rental property sizes in Hayward, CA are 2-bedroom and 3-bedroom, accounting for 53.3% and 21.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,520 |
| Studio Rent | $2,580 | $2,260 |
| 1 Bed Rent | $2,000 | $2,030 |
| 2 Bed Rent | $2,400 | $2,460 |
| 3 Bed Rent | $3,400 | $3,460 |
| 4 Bed Rent | $4,200 | $4,200 |
% 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 39. This is a increase of 9.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $818,000 | -1.0% |
Listing Count | 125 | 22.0% |
| Listings as % of Homes | 0.2% | 22.0% |
Days on Market | 39 | 9.0% |
Demographics — Hayward, CA
As of the latest ACS Survey released in 2023, Hayward, CA has a population of 76,700, which has decreased by -3.2% over the past 5 years. Hayward, CA is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 27.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 76,700 | -3.2% |
% Under 18 | 21.1% | -10.6% |
% Seniors | 12.3% | 11.8% |
% WFH | 10.9% | 303.7% |
% w/ College Degree | 27.3% | 32.5% |
As of the latest ACS Survey released in 2023, Hayward, CA is a predominantly hispanic area, with 45.1% of the population identifying as hispanic. The hispanic population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Hayward, CA is asian, making up 28.5% of the population. Foreign-born residents account for 46.4% of the population in Hayward, CA, and this percentage has increased by 20.2% 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 | 11.1% | -20.7% |
% Black | 7.4% | -19.6% |
% Hispanic | 45.1% | -6.2% |
% Asian | 28.5% | 22.3% |
% Foreign Born | 46.4% | 20.2% |
Mortgage and Risk — Hayward, CA
According to HUD data as of 2023, there were 633 mortgage originations in Hayward, CA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Hayward, CA. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 633 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Hayward, CA
As of 2024, the percent of homes in Hayward, CA under the Section 8 program is 8.7%. 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 units appear to be good home sizes to consider for Section 8 housing in Hayward, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 910 |
Total Units Section 8 | 910 |
% Rentals under Section 8 | 8.7% |
% Occupied Section 8 | 92.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $2,000 | $2,040 |
| 2 Bedroom | $80 | $2,400 | $2,480 |
| 3 Bedroom | -$230 | $3,400 | $3,170 |
| 4 Bedroom | -$430 | $4,200 | $3,770 |
Affordability — Hayward, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.6 |
| Median Home Price | $823,000 |
| Median Household Income | $108,000 |