San Leandro, CA—94577
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — San Leandro, CA
As of Oct '25, the median home price in San Leandro, CA is $787,000, with a year-over-year change of -5.5%. This indicates that home prices in San Leandro, CA are decreasing. According to Zillow, the 1-year price projection is -2.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $787,000 | -5.5% |
| Single Family | $809,000 | -5.5% |
| Condos | $483,000 | -7.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $383,000 | -8.4% |
2 Bed | $671,000 | -6.2% |
3 Bed | $816,000 | -5.3% |
4 Bed | $969,000 | -4.4% |
| 5 Bed | $1,083,000 | -3.2% |
% of Housing Stock
Rental Trends — San Leandro, CA
As of July '25, Rentcast reports the average rent in San Leandro, CA is $2,380, with a year-over-year rent change of -3.3%. Per bedroom, the median rent as of July '25 in San Leandro, CA is studios: $1,820, 1-bedrooms: $1,950, 2-bedrooms: $2,600, 3-bedrooms: $3,510, 4-bedrooms: $5,550. The most common rental property sizes in San Leandro, CA are 2-bedroom and 1-bedroom, accounting for 40.2% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,150 | $2,380 |
| Studio Rent | $1,840 | $1,820 |
| 1 Bed Rent | $1,920 | $1,950 |
| 2 Bed Rent | $2,500 | $2,600 |
| 3 Bed Rent | $3,500 | $3,510 |
| 4 Bed Rent | $5,550 | $5,550 |
% of Rental Stock
Property Listings — San Leandro, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in San Leandro, CA is 37. This is a increase of 11.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $762,000 | -6.0% |
Listing Count | 61 | -3.0% |
| Listings as % of Homes | 0.2% | -3.0% |
Days on Market | 37 | 11.0% |
Demographics — San Leandro, CA
As of the latest ACS Survey released in 2023, San Leandro, CA has a population of 47,500, which has decreased by -1.2% over the past 5 years. San Leandro, CA is a moderately popular place for families, as children make up 18.1% of the population. The area has a moderately educated workforce, with 39.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,500 | -1.2% |
% Under 18 | 18.1% | -8.6% |
% Seniors | 17.7% | 15.7% |
% WFH | 15.1% | 251.2% |
% w/ College Degree | 39.5% | 22.7% |
As of the latest ACS Survey released in 2023, San Leandro, CA is a predominantly hispanic area, with 30.8% of the population identifying as hispanic. The hispanic population has grown by 6.9% in the last 5 years. The second most common race or ethnicity in San Leandro, CA is asian, making up 28.2% of the population. Foreign-born residents account for 33.7% of the population in San Leandro, CA, and this percentage has decreased by 1.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 22.8% | -13.3% |
% Black | 12.5% | 10.6% |
% Hispanic | 30.8% | 6.9% |
% Asian | 28.2% | -2.4% |
% Foreign Born | 33.7% | -1.2% |
Mortgage and Risk — San Leandro, CA
According to HUD data as of 2023, there were 351 mortgage originations in San Leandro, CA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in San Leandro, CA. Investor activity is low, as 5.0% 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 | 351 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — San Leandro, CA
As of 2024, the percent of homes in San Leandro, CA under the Section 8 program is 7.5%. 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 San Leandro, 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 | 696 |
Total Units Section 8 | 567 |
% Rentals under Section 8 | 7.5% |
% Occupied Section 8 | 91.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $1,920 | $1,990 |
| 2 Bedroom | -$80 | $2,500 | $2,420 |
| 3 Bedroom | -$400 | $3,500 | $3,100 |
| 4 Bedroom | -$1,870 | $5,550 | $3,680 |
Affordability — San Leandro, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $787,000 |
| Median Household Income | $111,000 |