Alameda, California Housing Market Prices
Alameda Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 146% above the California median$1,601,852
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Median rent 21% above the California median$2,473
Housing Market Overview
| Metric | Alameda | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,601,852 | $650,794 | $248,835 |
| Price Trend (Annual %) | 50.4% | 8.9% | 7.5% |
| Median Gross Rent | $2,473 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 6.7% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Alameda is about 146% higher than in California. Rent is about 21% higher than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Alameda, up about 50.4% and 6.7% a year respectively. Home prices are changing faster.
Median rent in Alameda rose about 75.8% between 2015 and 2024, from $1,407 to $2,473. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 11.7 yearly household incomes in Alameda.
Buying the median-priced home in Alameda costs roughly 54.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Alameda. The price-to-rent ratio in California is about 26.6.
| Metric | Alameda | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,601,852 | $650,794 | $248,835 |
| Median Household Income | $136,606 | $99,161 | $80,455 |
| Price-to-Income Ratio | 11.7 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Alameda rose about 361.3%, while median household income rose about 76.8% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Alameda | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 47.1% | 51.7% | 58.5% |
| Rental Rate | 45.8% | 40.8% | 31.2% |
| Vacancy Rate | 7.1% | 7.5% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Alameda has a homeownership rate of 47.1%, lower than the California average of 51.7%. Its housing vacancy rate is 7.1%, compared with 7.5% in California.
Housing Stock
| Metric | Alameda | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1961 | 1975 | 1978 |
| Median Number of Rooms | 4.7 | 5.0 | 5.5 |
The typical housing unit in Alameda was built around 1961. On average, 2.5 people live in a home with about 4.7 rooms, staying for about 13.0 years on average.
Alameda, CA Housing Compared With Nearby Cities
How Alameda, CA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Alameda, CA | 77,238 | $1,601,852 #1/3 | $2,473 #1/3 | 50.7% #1/3 |
| Oakland, CA | 439,002 | $715,940 | $1,978 | 42.3% |
| Berkeley, CA | 119,963 | $1,502,086 | $2,132 | 44.2% |
Frequently Asked Questions
Common questions about the housing market in Alameda, California.
What is the median home price in Alameda, California?
The median home price in Alameda, California is $1,601,852, higher than the California average of $650,794.
What is the average home price in Alameda, California?
The typical home price in Alameda, California, reported as the median sale price, is $1,601,852. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Alameda, California?
The median gross rent in Alameda, California is $2,473 per month, higher than the California average of $2,036.
What was the median gross rent in Alameda in 2020?
In 2020, the median gross rent in Alameda, California was $1,972 per month.
What is the price-to-rent ratio in Alameda, California?
The price-to-rent ratio in Alameda, California is about 54.0, meaning it would take roughly 54.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Alameda.
Are home prices or rent rising faster in Alameda, California?
Both home prices and rent are rising in Alameda, up about 50.4% and 6.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Alameda, California?
47.1% of households in Alameda, California own their home, lower than the California average of 51.7%.
What is the vacancy rate in Alameda, California?
The housing vacancy rate in Alameda, California is 7.1%, lower than the California average of 7.5%.
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