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Hayward, 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 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Hayward, CA Housing Market Trends

With 162,954 people, 47,467 houses or apartments, and a median cost of homes of $853,936, real estate costs in Hayward are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Hayward, accounting for 52.37% of the city's housing units. Other types of housing that are prevalent in Hayward include large apartment complexes or high rise apartments ( 26.84%), row houses and other attached homes ( 10.85%), and a few mobile homes or trailers ( 4.95%).

The most prevalent building size and type in Hayward are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.89% owning and 46.11% renting.

There is a lot of housing in Hayward 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 Hayward built between 1940-1969 ( 41.81%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.87%). There's also some housing in Hayward built before 1939 ( 3.59%).

Hayward Home Appreciation Rates

In the last 10 years, Hayward has experienced some of the highest home appreciation rates of any community in the nation. Hayward real estate appreciated 205.07% over the last ten years, which is an average annual home appreciation rate of 11.80%, putting Hayward in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hayward definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Hayward that despite a nationwide downturn in the housing market, Hayward real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hayward appreciation rates continue to be some of the highest in America, at 17.45%, which is higher than appreciation rates in 73.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hayward. Hayward appreciation rates in the latest quarter were at 3.01%, which equates to an annual appreciation rate of 12.61%.

Relative to California, our data show that Hayward's latest annual appreciation rate is higher than 70% 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 Hayward differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hayward - 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 Hayward real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$853,936

Hayward, CA HOME PRICES

> $1,406,000
$1,054,001 - $1,406,000
$703,001 - $1,054,000
$562,001 - $703,000
$422,001 - $562,000
$281,001 - $422,000
$141,001 - $281,000
$70,001 - $141,000
$0 - $70,000
7.7%
7.7%
14.7%
14.7%
49.5%
49.5%
12.2%
12.2%
6.6%
6.6%
3.8%
3.8%
2.6%
2.6%
1.8%
1.8%
1.1%
1.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for CA

Value Relative To Nation

Number Of Homes And Apartments:
47,467

Hayward Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
193.40% 4.90%
7
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,783 / per month

Homeownership Rate

Owners
Renters
Vacant
53.9%
53.9%
46.1%
46.1%
4.9%
4.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.9%
11.9%
42.7%
42.7%
41.8%
41.8%
3.6%
3.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
52.4%
52.4%
10.9%
10.9%
4.9%
4.9%
26.8%
26.8%
5.0%
5.0%
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.4%
2.4%
12.2%
12.2%
31.2%
31.2%
37.6%
37.6%
12.7%
12.7%
3.9%
3.9%
0.0% 100.0%
% OF HOMES