San Leandro, California Housing Market Prices
San Leandro 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 2% above the California median$663,442
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Median rent 7% above the California median$2,183
Housing Market Overview
| Metric | San Leandro | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $663,442 | $650,794 | $248,835 |
| Price Trend (Annual %) | -0.2% | 8.9% | 7.5% |
| Median Gross Rent | $2,183 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 6.5% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in San Leandro is about 2% higher than in California. Rent is about 7% 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 San Leandro: home prices fell about 0.2% a year while rent rose about 6.5% a year. That is an unusual pattern worth watching.
Median rent in San Leandro rose about 70.1% between 2015 and 2024, from $1,283 to $2,183. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 6.5 yearly household incomes in San Leandro.
Buying the median-priced home in San Leandro costs roughly 25.3 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 San Leandro. The price-to-rent ratio in California is about 26.6.
| Metric | San Leandro | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $663,442 | $650,794 | $248,835 |
| Median Household Income | $101,625 | $99,161 | $80,455 |
| Price-to-Income Ratio | 6.5 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in San Leandro rose about 70.8%, while median household income rose about 57.0% 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 | San Leandro | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 54.7% | 51.7% | 58.5% |
| Rental Rate | 40.4% | 40.8% | 31.2% |
| Vacancy Rate | 4.9% | 7.5% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
San Leandro has a homeownership rate of 54.7%, higher than the California average of 51.7%. Its housing vacancy rate is 4.9%, compared with 7.5% in California.
Housing Stock
| Metric | San Leandro | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.87 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1960 | 1975 | 1978 |
| Median Number of Rooms | 4.7 | 5.0 | 5.5 |
The typical housing unit in San Leandro was built around 1960. On average, 2.9 people live in a home with about 4.7 rooms, staying for about 16.0 years on average.
San Leandro, CA Housing Compared With Nearby Cities
How San Leandro, CA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| San Leandro, CA | 87,097 | $663,442 #2/3 | $2,183 #2/3 | 57.5% #2/3 |
| Oakland, CA | 439,002 | $715,940 | $1,978 | 42.3% |
| Hayward, CA | 153,435 | $634,595 | $2,385 | 58.2% |
Frequently Asked Questions
Common questions about the housing market in San Leandro, California.
What is the median home price in San Leandro, California?
The median home price in San Leandro, California is $663,442, higher than the California average of $650,794.
What is the average home price in San Leandro, California?
The typical home price in San Leandro, California, reported as the median sale price, is $663,442. 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 San Leandro, California?
The median gross rent in San Leandro, California is $2,183 per month, higher than the California average of $2,036.
What was the median gross rent in San Leandro in 2020?
In 2020, the median gross rent in San Leandro, California was $1,759 per month.
What is the price-to-rent ratio in San Leandro, California?
The price-to-rent ratio in San Leandro, California is about 25.3, meaning it would take roughly 25.3 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 San Leandro.
Are home prices or rent rising faster in San Leandro, California?
Home prices and rent are moving in opposite directions in San Leandro: home prices fell about 0.2% a year while rent rose about 6.5% a year. That is an unusual pattern worth watching.
What is the homeownership rate in San Leandro, California?
54.7% of households in San Leandro, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in San Leandro, California?
The housing vacancy rate in San Leandro, California is 4.9%, lower than the California average of 7.5%.
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