Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$1,044,951−0.4% YoY · prices are flat
Market right nowBalanced marketFewer homes for sale than last year, 14% have cut their price
Income needed to buy, per year$226,524About 1.8× the local median income ($128,031): hard to afford
Days on market36 daysAbout the same pace as a year ago
Next 12 months+1.9%Zillow expects prices to rise slightly
The typical home in Alameda County, CA is worth $1,044,951, about the same as a year ago. That is slightly below what local incomes have historically supported: fair value is about $1,068,374, so the area is 2.2% undervalued. It is a balanced market: homes take about 36 days to sell, listings are down 8% from a year ago, 14% of listings have had a price cut. Zillow expects prices to rise about 1.9% over the next year. A household needs about $226,524 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $128,031. Typical rent is $2,956 a month, or $3,623 for a house. In the latest IRS figures, 18,573 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$1,044,951
Change in 1 year
−0.4%
Overvalued %
−2.2%
Show 7 more
Fair home value
$1,068,374
Change in 5 years
+1.1%
Zillow forecast, next 12 months
+1.9%
Home value to income
8.2×
Monthly mortgage payment (20% down)
$5,663
Income needed to afford it
$226,524
Property tax rate
0.78%
Rent and investing
Typical rent
$2,956
Typical rent for houses
$3,623
Price-to-rent ratio
29.5×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,805
Gross rental yield
3.39%
Cap rate (estimate)
2.21%
Market activity
Listings vs a year ago
−7.9%
Days on market
36
Listings with a price cut
14.3%
Show 3 more
Homes for sale
1,867
Pending sales per 100 listings
39
Asking price per sq ft
$600
People and jobs
Median household income
$128,031
Population change (1 year)
+0.0%
Unemployment rate
5.4%
Show 4 more
Population
1,636,630
Income adjusted for cost of living
$110,753
Net moves in (IRS)
−18,573
Cost of living (US = 100)
115.6
Schools, risk and environment
School rating (1 to 10)
6.8
FEMA hazard risk score (0 to 100)
99.8
Unhealthy air days a year
1
Show 4 more
Flood risk score
99.7
Wildfire risk score
97.7
Walkability (1 to 20)
14.1
Road, rail and air noise
54 dB
Questions people ask
Is Alameda County, CA overvalued?
Home prices in Alameda County, CA are slightly below what local incomes have historically supported: fair value is about $1,068,374, so the area is 2.2% undervalued.
Is Alameda County, CA a buyer's or seller's market?
Alameda County, CA is a balanced market: homes take about 36 days to sell, listings are down 8% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Alameda County, CA?
Home values in Alameda County, CA are down 0.4% over the last year. Zillow's forecast for the next 12 months is +1.9%.
How much do you need to earn to buy a home in Alameda County, CA?
A household needs about $226,524 a year to afford the typical home in Alameda County, CA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $128,031.