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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Alamo, 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Alamo, CA Housing Market Trends

With 15,314 people, 4,963 houses or apartments, and a median cost of homes of $2,870,750, Alamo house prices are not only among the most expensive in California, Alamo real estate also is some of the most expensive in all of America.

Alamo is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Alamo than is found in 98% of the communities in America.

The large homes that make up Alamo are primarily owner-occupied ( 91.39%).

There is a lot of housing in Alamo built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Alamo built between 1940-1969 ( 30.83%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.72%). There's also some housing in Alamo built before 1939 ( 2.33%).

Alamo Home Appreciation Rates

Real estate appreciation rates in Alamo's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.66% during the period.

Over the last year, Alamo appreciation rates have trailed the rest of the nation. In the last twelve months, Alamo's appreciation rate has been 0.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Alamo were at -0.62%, which equates to an annual appreciation rate of -2.46%.

Relative to California, our data show that Alamo's latest annual appreciation rate is lower than 60% of the other cities and towns in California.

Average Home Values

Median Home Value

$2,870,750

Alamo, CA Home Prices
> $953,000
$715,001 - $953,000
$477,001 - $715,000
$381,001 - $477,000
$286,001 - $381,000
$191,001 - $286,000
$95,001 - $191,000
$48,001 - $95,000
$0 - $48,000
93.3%
93.3%
2.6%
2.6%
2.0%
2.0%
0.3%
0.3%
0.8%
0.8%
0.0%
0.0%
0.5%
0.5%
0.0%
0.0%
0.5%
0.5%
0% 100.0%
% of Homes
Very High

for California

Very High

for nation

Number of Homes And Apartments:

4,963

Alamo Appreciation Rates

Rent & Ownership

Average Market Rent:

$5,347 / per month

Homeownership Rate

Owners
Renters
91.4%
91.4%
8.6%
8.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.9%
6.9%
93.1%
93.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.7%
14.7%
52.1%
52.1%
30.8%
30.8%
2.3%
2.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
92.6%
92.6%
3.3%
3.3%
1.6%
1.6%
2.2%
2.2%
0.2%
0.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.6%
0.6%
1.0%
1.0%
3.1%
3.1%
21.8%
21.8%
42.0%
42.0%
31.5%
31.5%
0% 100.0%
% of Homes