San Leandro, CA—94578
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 $767,000, with a year-over-year change of -4.4%. This indicates that home prices in San Leandro, CA are decreasing. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $767,000 | -4.4% |
| Single Family | $787,000 | -4.1% |
| Condos | $444,000 | -7.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $415,000 | -6.1% |
2 Bed | $638,000 | -5.5% |
3 Bed | $805,000 | -3.9% |
4 Bed | $934,000 | -3.2% |
| 5 Bed | $1,008,000 | -2.9% |
% of Housing Stock
Rental Trends — San Leandro, CA
As of July '25, Rentcast reports the average rent in San Leandro, CA is $2,350, with a year-over-year rent change of -2.9%. Per bedroom, the median rent as of July '25 in San Leandro, CA is studios: $1,900, 1-bedrooms: $1,980, 2-bedrooms: $2,360, 3-bedrooms: $3,390, 4-bedrooms: $5,050. The most common rental property sizes in San Leandro, CA are 2-bedroom and 1-bedroom, accounting for 45.1% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,350 |
| Studio Rent | $1,900 | $1,900 |
| 1 Bed Rent | $1,900 | $1,980 |
| 2 Bed Rent | $2,400 | $2,360 |
| 3 Bed Rent | $3,000 | $3,390 |
| 4 Bed Rent | $3,000 | $5,050 |
% 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 27. This is a increase of 6.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $821,000 | 1.0% |
Listing Count | 58 | 37.0% |
| Listings as % of Homes | 0.2% | 37.0% |
Days on Market | 27 | 6.0% |
Demographics — San Leandro, CA
As of the latest ACS Survey released in 2023, San Leandro, CA has a population of 41,600, which has increased by 1.2% over the past 5 years. San Leandro, CA is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,600 | 1.2% |
% Under 18 | 20.7% | -11.5% |
% Seniors | 13.6% | 13.3% |
% WFH | 8.0% | 86.0% |
% w/ College Degree | 25.4% | 3.7% |
As of the latest ACS Survey released in 2023, San Leandro, CA is a predominantly hispanic area, with 35.0% of the population identifying as hispanic. The hispanic population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in San Leandro, CA is asian, making up 26.4% of the population. Foreign-born residents account for 38.8% of the population in San Leandro, CA, and this percentage has increased by 7.2% 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 | 13.8% | -12.1% |
% Black | 18.5% | -5.1% |
% Hispanic | 35.0% | -2.2% |
% Asian | 26.4% | 1.9% |
% Foreign Born | 38.8% | 7.2% |
Mortgage and Risk — San Leandro, CA
According to HUD data as of 2023, there were 265 mortgage originations in San Leandro, CA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in San Leandro, CA. Investor activity is low, as 6.0% 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 | 265 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
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 11.9%. 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 3-bedroom and 4-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 units do not.
Section 8 Market Size
Total Units under HUD | 985 |
Total Units Section 8 | 985 |
% Rentals under Section 8 | 11.9% |
% Occupied Section 8 | 92.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $1,900 | $1,920 |
| 2 Bedroom | -$60 | $2,400 | $2,340 |
| 3 Bedroom | $10 | $3,000 | $3,010 |
| 4 Bedroom | $560 | $3,000 | $3,560 |
Affordability — San Leandro, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.7 |
| Median Home Price | $767,000 |
| Median Household Income | $89,100 |