Livermore, California Housing Market Prices
Livermore 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 118% above the California median$1,421,849
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Median rent 29% above the California median$2,623
Housing Market Overview
| Metric | Livermore | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,421,849 | $650,794 | $248,835 |
| Price Trend (Annual %) | 15.2% | 8.9% | 7.5% |
| Median Gross Rent | $2,623 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.8% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Livermore is about 118% higher than in California. Rent is about 29% 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 Livermore, up about 15.2% and 5.8% a year respectively. Home prices are changing faster.
Median rent in Livermore rose about 66.6% between 2015 and 2024, from $1,574 to $2,623. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 9.0 yearly household incomes in Livermore.
Buying the median-priced home in Livermore costs roughly 45.2 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 Livermore. The price-to-rent ratio in California is about 26.6.
| Metric | Livermore | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,421,849 | $650,794 | $248,835 |
| Median Household Income | $157,653 | $99,161 | $80,455 |
| Price-to-Income Ratio | 9.0 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Livermore rose about 232.6%, while median household income rose about 56.8% 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 | Livermore | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.7% | 51.7% | 58.5% |
| Rental Rate | 28.1% | 40.8% | 31.2% |
| Vacancy Rate | 3.2% | 7.5% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Livermore has a homeownership rate of 68.7%, higher than the California average of 51.7%. Its housing vacancy rate is 3.2%, compared with 7.5% in California.
Housing Stock
| Metric | Livermore | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.75 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1977 | 1975 | 1978 |
| Median Number of Rooms | 5.8 | 5.0 | 5.5 |
The typical housing unit in Livermore was built around 1977. On average, 2.7 people live in a home with about 5.8 rooms, staying for about 14.0 years on average.
Livermore, CA Housing Compared With Nearby Cities
How Livermore, CA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Livermore, CA | 69,677 | $1,421,849 #2/3 | $2,623 #3/3 | 71.0% #1/3 |
| Pleasanton, CA | 61,096 | $341,542 | $2,989 | 63.8% |
| Dublin, CA | 57,077 | $1,423,412 | $3,152 | 60.9% |
Frequently Asked Questions
Common questions about the housing market in Livermore, California.
What is the median home price in Livermore, California?
The median home price in Livermore, California is $1,421,849, higher than the California average of $650,794.
What is the average home price in Livermore, California?
The typical home price in Livermore, California, reported as the median sale price, is $1,421,849. 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 Livermore, California?
The median gross rent in Livermore, California is $2,623 per month, higher than the California average of $2,036.
What was the median gross rent in Livermore in 2020?
In 2020, the median gross rent in Livermore, California was $2,136 per month.
What is the price-to-rent ratio in Livermore, California?
The price-to-rent ratio in Livermore, California is about 45.2, meaning it would take roughly 45.2 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 Livermore.
Are home prices or rent rising faster in Livermore, California?
Both home prices and rent are rising in Livermore, up about 15.2% and 5.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Livermore, California?
68.7% of households in Livermore, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Livermore, California?
The housing vacancy rate in Livermore, California is 3.2%, lower than the California average of 7.5%.
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