Hayward, CA—94545
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 $889,000, with a year-over-year change of -8.1%. This indicates that home prices in Hayward, CA are decreasing. According to Zillow, the 1-year price projection is -2.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $889,000 | -8.1% |
| Single Family | $898,000 | -8.4% |
| Condos | $581,000 | -8.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $362,000 | -11.9% |
2 Bed | $504,000 | -10.6% |
3 Bed | $862,000 | -8.0% |
4 Bed | $1,051,000 | -7.2% |
| 5 Bed | $1,417,000 | -4.8% |
% of Housing Stock
Rental Trends — Hayward, CA
As of July '25, Rentcast reports the average rent in Hayward, CA is $2,960, with a year-over-year rent change of -9.8%. Per bedroom, the median rent as of July '25 in Hayward, CA is 1-bedrooms: $1,990, 2-bedrooms: $2,650, 3-bedrooms: $3,480, 4-bedrooms: $4,140. The most common rental property sizes in Hayward, CA are 3-bedroom and 2-bedroom, accounting for 32.4% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $2,960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,880 | $1,990 |
| 2 Bed Rent | $2,580 | $2,650 |
| 3 Bed Rent | $3,500 | $3,480 |
| 4 Bed Rent | $4,200 | $4,140 |
% 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 30. 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $879,000 | -3.0% |
Listing Count | 45 | 60.0% |
| Listings as % of Homes | 0.3% | 60.0% |
Days on Market | 30 | 27.0% |
Demographics — Hayward, CA
As of the latest ACS Survey released in 2023, Hayward, CA has a population of 33,200, which has increased by 2.0% over the past 5 years. Hayward, CA is a moderately popular place for families, as children make up 18.0% of the population. The area has a moderately educated workforce, with 34.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,200 | 2.0% |
% Under 18 | 18.0% | -9.5% |
% Seniors | 16.0% | 13.5% |
% WFH | 11.4% | 159.1% |
% w/ College Degree | 34.4% | 20.7% |
As of the latest ACS Survey released in 2023, Hayward, CA is a predominantly asian area, with 42.3% of the population identifying as asian. The asian population has grown by 9.3% in the last 5 years. The second most common race or ethnicity in Hayward, CA is hispanic, making up 34.8% of the population. Foreign-born residents account for 43.2% of the population in Hayward, CA, and this percentage has increased by 1.4% 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 | 9.7% | -33.1% |
% Black | 8.2% | 5.1% |
% Hispanic | 34.8% | 16.0% |
% Asian | 42.3% | 9.3% |
% Foreign Born | 43.2% | 1.4% |
Mortgage and Risk — Hayward, CA
According to HUD data as of 2023, there were 277 mortgage originations in Hayward, CA, of which 94.0% 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 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 277 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Hayward, CA
As of 2024, the percent of homes in Hayward, CA under the Section 8 program is 9.4%. 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 Hayward, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 371 |
Total Units Section 8 | 327 |
% Rentals under Section 8 | 9.4% |
% Occupied Section 8 | 93.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $430 | $1,880 | $2,310 |
| 2 Bedroom | $240 | $2,580 | $2,820 |
| 3 Bedroom | $110 | $3,500 | $3,610 |
| 4 Bedroom | $90 | $4,200 | $4,290 |
Affordability — Hayward, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.8 |
| Median Home Price | $889,000 |
| Median Household Income | $115,000 |