Pleasanton, California Housing Market Prices
Pleasanton 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 48% below the California median$341,542
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Median rent 47% above the California median$2,989
Housing Market Overview
| Metric | Pleasanton | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $341,542 | $650,794 | $248,835 |
| Price Trend (Annual %) | -9.3% | 8.9% | 7.5% |
| Median Gross Rent | $2,989 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.5% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Pleasanton is about 48% lower than in California. Rent is about 47% higher than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Pleasanton: home prices fell about 9.3% a year while rent rose about 5.5% a year. That is an unusual pattern worth watching.
Median rent in Pleasanton rose about 64.8% between 2015 and 2024, from $1,814 to $2,989. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in Pleasanton.
Buying the median-priced home in Pleasanton costs roughly 9.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Pleasanton. The price-to-rent ratio in California is about 26.6.
| Metric | Pleasanton | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $341,542 | $650,794 | $248,835 |
| Median Household Income | $185,459 | $99,161 | $80,455 |
| Price-to-Income Ratio | 1.8 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Pleasanton fell about 72.1%, while median household income rose about 65.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Pleasanton | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.2% | 51.7% | 58.5% |
| Rental Rate | 34.7% | 40.8% | 31.2% |
| Vacancy Rate | 4.2% | 7.5% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Pleasanton has a homeownership rate of 61.2%, higher than the California average of 51.7%. Its housing vacancy rate is 4.2%, compared with 7.5% in California.
Housing Stock
| Metric | Pleasanton | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.71 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1984 | 1975 | 1978 |
| Median Number of Rooms | 5.7 | 5.0 | 5.5 |
The typical housing unit in Pleasanton was built around 1984. On average, 2.7 people live in a home with about 5.7 rooms, staying for about 13.0 years on average.
Pleasanton, CA Housing Compared With Nearby Cities
How Pleasanton, CA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Pleasanton, CA | 61,096 | $341,542 #3/3 | $2,989 #2/3 | 63.8% #2/3 |
| Dublin, CA | 57,077 | $1,423,412 | $3,152 | 60.9% |
| Livermore, CA | 69,677 | $1,421,849 | $2,623 | 71.0% |
Frequently Asked Questions
Common questions about the housing market in Pleasanton, California.
What is the median home price in Pleasanton, California?
The median home price in Pleasanton, California is $341,542, lower than the California average of $650,794.
What is the average home price in Pleasanton, California?
The typical home price in Pleasanton, California, reported as the median sale price, is $341,542. 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 Pleasanton, California?
The median gross rent in Pleasanton, California is $2,989 per month, higher than the California average of $2,036.
What was the median gross rent in Pleasanton in 2020?
In 2020, the median gross rent in Pleasanton, California was $2,543 per month.
What is the price-to-rent ratio in Pleasanton, California?
The price-to-rent ratio in Pleasanton, California is about 9.5, meaning it would take roughly 9.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Pleasanton.
Are home prices or rent rising faster in Pleasanton, California?
Home prices and rent are moving in opposite directions in Pleasanton: home prices fell about 9.3% a year while rent rose about 5.5% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Pleasanton, California?
61.2% of households in Pleasanton, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Pleasanton, California?
The housing vacancy rate in Pleasanton, California is 4.2%, lower than the California average of 7.5%.
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