Alameda, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Alameda, CA Housing Market Trends

With 77,624 people, 30,418 houses or apartments, and a median cost of homes of $922,583, Alameda house prices are not only among the most expensive in California, Alameda real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Alameda, accounting for 42.06% of the city's housing units. Other types of housing that are prevalent in Alameda include large apartment complexes or high rise apartments ( 30.41%), duplexes, homes converted to apartments or other small apartment buildings ( 16.54%), and a few row houses and other attached homes ( 10.81%).

People in Alameda primarily live in small (one, two or no bedroom) single-family detached homes. Alameda has a mixture of owner-occupied and renter-occupied housing.

The housing in Alameda was primarily built before 1939 ( 33.77%), making the housing stock in Alameda some of the oldest overall in America, although there is a range of ages of homes in Alameda. The next most important housing age is between 1970-1999 ( 31.34%), followed by between 1940-1969 ( 28.42%). There's also some housing in Alameda built between 2000 and later ( 6.47%).

Alameda Home Appreciation Rates

In the last 10 years, Alameda has experienced some of the highest home appreciation rates of any community in the nation. Alameda real estate appreciated 81.39% over the last ten years, which is an average annual home appreciation rate of 6.14%, putting Alameda in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Alameda definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Alameda appreciation rates have trailed the rest of the nation. In the last twelve months, Alameda's appreciation rate has been 1.79%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Alameda were at 1.61%, which equates to an annual appreciation rate of 6.59%.

Notably, Alameda's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Alameda's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Alameda differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Alameda - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Alameda real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$922,583

Alameda, CA HOME PRICES

> $1,107,000
30.8%
30.8%
$830,001 - $1,107,000
31.2%
31.2%
$553,001 - $830,000
26.6%
26.6%
$443,001 - $553,000
4.6%
4.6%
$332,001 - $443,000
2.4%
2.4%
$221,001 - $332,000
1.7%
1.7%
$110,001 - $221,000
1.5%
1.5%
$55,001 - $110,000
0.6%
0.6%
$0 - $55,000
0.6%
0.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for CA

Value Relative To Nation

Number Of Homes And Apartments:
30,418

Alameda Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
151.08% 4.37%
7
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,361 / per month

Homeownership Rate

Owners
47.3%
47.3%
Renters
52.7%
52.7%
Vacant
6.0%
6.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
6.5%
6.5%
1970 - 1999
31.3%
31.3%
1940 - 1969
28.4%
28.4%
1939 or Older
33.8%
33.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
42.1%
42.1%
Townhomes
10.8%
10.8%
Small Apt. Buildings
16.5%
16.5%
Apt. Complexes
30.4%
30.4%
Mobile Homes
0.2%
0.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
5.1%
5.1%
1 Bedroom
17.5%
17.5%
2 Bedrooms
35.6%
35.6%
3 Bedrooms
26.7%
26.7%
4 Bedrooms
12.0%
12.0%
5 or more bedrooms
3.1%
3.1%
0.0% 100.0%
% OF HOMES