San Ramon, California Housing Market Prices
San Ramon 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 57% above the California median$1,021,057
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Median rent 43% above the California median$2,920
Housing Market Overview
| Metric | San Ramon | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,021,057 | $650,794 | $248,835 |
| Price Trend (Annual %) | 9.4% | 8.9% | 7.5% |
| Median Gross Rent | $2,920 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.1% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in San Ramon is about 57% higher than in California. Rent is about 43% 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 San Ramon, up about 9.4% and 5.1% a year respectively. Home prices are changing faster.
Median rent in San Ramon rose about 58.5% between 2015 and 2024, from $1,842 to $2,920. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 5.2 yearly household incomes in San Ramon.
Buying the median-priced home in San Ramon costs roughly 29.1 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 Ramon. The price-to-rent ratio in California is about 26.6.
| Metric | San Ramon | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,021,057 | $650,794 | $248,835 |
| Median Household Income | $197,269 | $99,161 | $80,455 |
| Price-to-Income Ratio | 5.2 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in San Ramon rose about 92.9%, while median household income rose about 71.6% 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 Ramon | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.8% | 51.7% | 58.5% |
| Rental Rate | 29.1% | 40.8% | 31.2% |
| Vacancy Rate | 2.1% | 7.5% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
San Ramon has a homeownership rate of 68.8%, higher than the California average of 51.7%. Its housing vacancy rate is 2.1%, compared with 7.5% in California.
Housing Stock
| Metric | San Ramon | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.83 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1992 | 1975 | 1978 |
| Median Number of Rooms | 6.0 | 5.0 | 5.5 |
The typical housing unit in San Ramon was built around 1992. On average, 2.8 people live in a home with about 6.0 rooms, staying for about 14.0 years on average.
San Ramon, CA Housing Compared With Nearby Cities
How San Ramon, CA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| San Ramon, CA | 76,435 | $1,021,057 #2/2 | $2,920 #2/2 | 70.3% #1/2 |
| Dublin, CA | 57,077 | $1,423,412 | $3,152 | 60.9% |
Frequently Asked Questions
Common questions about the housing market in San Ramon, California.
What is the median home price in San Ramon, California?
The median home price in San Ramon, California is $1,021,057, higher than the California average of $650,794.
What is the average home price in San Ramon, California?
The typical home price in San Ramon, California, reported as the median sale price, is $1,021,057. 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 Ramon, California?
The median gross rent in San Ramon, California is $2,920 per month, higher than the California average of $2,036.
What was the median gross rent in San Ramon in 2020?
In 2020, the median gross rent in San Ramon, California was $2,364 per month.
What is the price-to-rent ratio in San Ramon, California?
The price-to-rent ratio in San Ramon, California is about 29.1, meaning it would take roughly 29.1 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 Ramon.
Are home prices or rent rising faster in San Ramon, California?
Both home prices and rent are rising in San Ramon, up about 9.4% and 5.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in San Ramon, California?
68.8% of households in San Ramon, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in San Ramon, California?
The housing vacancy rate in San Ramon, California is 2.1%, lower than the California average of 7.5%.
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