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Sarah Mitchell

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Compass Real Estate · Alameda, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Alameda, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Alameda, CA Housing Market

Strong seller's market-1.9% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Alameda, CA is worth $1.16M, fell 1.9% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $1.28M, -8.7% year over year (through May 2026). With 2.0 months of supply and homes going under contract in about 19 days, Alameda is a strong seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $1.16M home is about $5,944/mo in principal and interest.

Key numbers for Alameda, CA

Typical home value

$1.16M

-1.9% in 12 months

Zillow, July 2026

Typical asking rent

$2,961/mo

Zillow Observed Rent Index

Zillow, July 2026

Median sale price

$1.28M

-8.7% year over year

Redfin, through May 2026

Days on market

19

Fast-moving

Redfin, through May 2026

Active listings

94

2.0 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$132,015

Home costs 8.8x income

U.S. Census ACS, 2023

Sale-to-list ratio

110.8%

Selling above asking

Redfin, through May 2026

Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Alameda a buyer's or seller's market?

Strong seller's market2.0 months of supply19 days on market110.8% of asking

Alameda, CA is a strong seller's market, based on 2.0 months of supply and homes selling in about 19 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Alameda housing market data show?

Every row below is Redfin's final published month for Alameda, CA. Redfin, through May 2026

Housing market statistics for Alameda, CA, Redfin through May 2026
MetricValue
Median sale price$1.28M
Median list price$997,000
Year-over-year price change-8.7%
Median price per sq ft$715/sq ft
Median days on market19 days
Active inventory94 listings
Months of supply2.0 months
Sale-to-list price ratio110.8%
Homes sold (that month)48
New listings (that month)61
Listings with a price cut27.7%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Alameda is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Alameda is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Alameda home prices moved?

Over the last three years the median sale price in Alameda, CA rose 9.9%, from $1.16M to $1.28M. The live Zillow value series has fell 1.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 27.7% of Alameda listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 110.8%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Alameda?

Priced off the typical home value of $1.16M at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Alameda, CA
Down paymentCash at closeLoan amountMonthly P&I
20%$231,219$924,877$5,944/mo
5%$57,805$1.10M$7,058/mo

Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $5,944, that implies roughly $254,722 a year before you add taxes and insurance. The median household in Alameda earns $132,015, about $122,707 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 8.8x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Alameda in the next 12 months?

Tell us your timeline. We send the Alameda market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Alameda?

Typical asking rent in Alameda, CA is $2,961/mo, against a typical home value of $1.16M. That is a price-to-rent ratio of 32.5x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $5,944 a month — $2,983 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, July 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Alameda?

Active listings in Alameda, CA went from 108 in May 2025 to 94 in May 2026, a -13.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Alameda, CA
MonthActive listingsNew listings
June 202510852
July 20259853
August 202511166
September 202511871
October 202511459
November 20259624
December 20255114
January 20266342
February 20267148
March 20268658
April 20269776
May 20269461

Redfin, through May 2026

How does Alameda compare to California and the U.S.?

Alameda homes sell for $1.28M44% above the California median of $887,400. Against the national median of $410,700, Alameda runs 211% higher. Year-over-year, Alameda moved -8.7% against California's +3.4%a bigger swing than the state as a whole.

Alameda, CA compared with California and the United States
MarketMedian sale priceYoYDays on market
Alameda, CA$1.28M-8.7%19 days
California statewide$887,400+3.4%33 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Alameda

What buyers should watch

  • Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 27.7%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $1,114 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $1.16M home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Alameda listing goes under contract in 19 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 110.8% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Alameda added 61 new listings against 48 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -1.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Alameda varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Alameda

There are currently 94 homes listed for sale in Alameda, California. The median listing price is $997K. Featured listings range from $559,000 to $1,395,000.

2 bedroom condo for sale at 960 Shorepoint Ct Apt 116 Alameda - $559,000
$559,000

960 Shorepoint Ct Apt 116

Alameda, CA

2 bd2 ba940 sqft$595/ft²
Condo3.07 acres
View photos & details
2 bedroom condo for sale at 933 Shoreline Dr Apt 306 Alameda - $695,000
$695,000

933 Shoreline Dr Apt 306

Alameda, CA

2 bd2 ba1,360 sqft$511/ft²
Condo39,765 sqft lot
View photos & details
3 bedroom townhouse for sale at 1104 Island Dr Alameda - $698,000
$698,000

1104 Island Dr

Alameda, CA

3 bd2 ba1,340 sqft$521/ft²
Townhouse1,540 sqft lot
View photos & details
multi-family for sale at 1912 Lafayette St Alameda - $795,000
$795,000

1912 Lafayette St

Alameda, CA

2 ba
Multi-family4,321 sqft lot
View photos & details
3 bedroom townhouse for sale at 3343 Solomon Ln Alameda - $797,000
$797,000

3343 Solomon Ln

Alameda, CA

3 bd3 ba1,639 sqft$486/ft²
Townhouse1,694 sqft lot
View photos & details
3 bedroom condo for sale at 137 Parfait Ln Alameda - $799,000
$799,000

137 Parfait Ln

Alameda, CA

3 bd2 ba1,534 sqft$521/ft²
Condo3,235 sqft lot
View photos & details
2 bedroom house for sale at 2066 Encinal Ave Alameda - $895,000
$895,000

2066 Encinal Ave

Alameda, CA

2 bd2 ba1,320 sqft$678/ft²
House2,200 sqft lot
View photos & details
3 bedroom house for sale at 22 Garden Rd Alameda - $998,000
$998,000

22 Garden Rd

Alameda, CA

3 bd2 ba1,146 sqft$871/ft²
House5,852 sqft lot
View photos & details
4 bedroom house for sale at 376 Oleander Ave Alameda - $1,195,000
$1,195,000

376 Oleander Ave

Alameda, CA

4 bd2 ba1,507 sqft$793/ft²
House6,656 sqft lot
View photos & details
3 bedroom house for sale at 2762 Bette St Alameda - $1,199,000
$1,199,000

2762 Bette St

Alameda, CA

3 bd3 ba2,131 sqft$563/ft²
House2,655 sqft lot
View photos & details
4 bedroom house for sale at 1129 Clarke Ln Alameda - $1,280,000
$1,280,000

1129 Clarke Ln

Alameda, CA

4 bd3 ba1,692 sqft$757/ft²
House2,782 sqft lot
View photos & details
4 bedroom house for sale at 630 Larchmont Isle Alameda - $1,395,000
$1,395,000

630 Larchmont Isle

Alameda, CA

4 bd3 ba1,808 sqft$772/ft²
House6,000 sqft lot
View photos & details

Looking to buy in Alameda?

Get connected with a local real estate expert — free, no obligation.

Active listings

94

Homes on market

Median list price

$997K

Avg. days on market

19

Days until sale

New this week

61

Newly listed

Price drops:27.7%of listings
Sale-to-list:110.8%

How much do homes cost in Alameda by property type?

How the Alameda, CA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Alameda, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.55M$809/sq ft2714 days
Condo / co-op$634,000$537/sq ft822 days
Townhouse$890,000$556/sq ft1136 days

Who lives in Alameda?

American Community Survey estimates for Alameda. U.S. Census ACS, 2023

Population

76,876

Households

29,810

Median income

$132,015/yr

Median age

40.7 years

Owner-occupied

49.0%

Median home value

$1.20M

Median gross rent

$2,394/mo

Mean commute

32.1 min

49.0% of occupied homes in Alameda are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $1.20M against Zillow's $1.16M typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $2,394/mo, below Zillow's $2,961/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Alameda?

19 schools tracked · 10,531 students

The largest public schools serving Alameda, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Alameda High

Grades 9-12 · 1,863 students

Public

Encinal Junior/Senior High

Grades 6-12 · 1,218 students

Public

Lincoln Middle

Grades 6-8 · 922 students

Public

The Academy of Alameda

Grades K-8 · 620 students

Charter

Will C. Wood Middle

Grades 6-8 · 603 students

Public

Amelia Earhart Elementary

Grades K-5 · 573 students

Public

Bay Farm

Grades K-8 · 568 students

Public

Frank Otis Elementary

Grades K-5 · 524 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Alameda, CA?

Ordered by distance from Alameda, not by size. Compare Alameda side by side with any of them.

Alameda housing market FAQ

Is Alameda a buyer's or seller's market?

Alameda, CA is currently a strong seller's market. That read comes from 2.0 months of supply, homes going under contract in about 19 days, and sellers getting 110.8% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Alameda?

The typical home in Alameda, CA is worth $1.16M (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $1.28M, about $715 per square foot.

Is Alameda cheaper than the rest of California?

Alameda's median sale price of $1.28M is 44% higher than the California statewide median of $887,400, and 211% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Alameda?

Homes in Alameda, CA spent a median of 19 days on market before going under contract, versus 33 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Alameda?

At the current 30-year fixed rate of 6.66%, 20% down on a $1.16M home is about $5,944 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $254,722 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $132,015.

Are home prices rising in Alameda?

The typical home value in Alameda, CA fell 1.9% over the last 12 months, from $1.18M to $1.16M (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Alameda?

Alameda ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Alameda?

That depends on your timeline, not on a headline. What the data says today: Alameda, CA is a strong seller's market with 2.0 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 32.5x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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