Is Hayward, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hayward has remained a Seller's Market.
Housing Prices in Hayward, CA
How much do homes in Hayward, CA cost?
Median Sold Price
$878,666
$597/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hayward was $878,666 in May 2024, up 5.8% from last year, and the median price per square foot was $597.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $380K | $415K | +9.2% |
2 Bedrooms | $600K | $627.5K | +4.6% |
3 Bedrooms | $832.5K | $875K | +5.1% |
4 Bedrooms | $1.0M | $1.1M | +3.7% |
5+ Bedrooms | $1.4M | $1.5M | +5.2% |
Summary: Hayward housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Cities
Fremont | $1.3M | $1.4M | +11.3% |
Pleasanton | $1.5M | $1.6M | +10.4% |
Hayward | $830.4K | $878.6K | +5.8% |
Union City | $1.2M | $1.2M | +2.8% |
San Leandro | $825K | $830.6K | +0.7% |
Housing Supply in Hayward, CA
How many homes are available in Hayward, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
221 | 259 | +17.2% |
Summary: The Hayward real estate market had 259 homes for sale in May 2024, a 17.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 10 | +66.7% |
2 Bedrooms | 46 | 59 | +28.3% |
3 Bedrooms | 100 | 115 | +15.0% |
4 Bedrooms | 55 | 64 | +16.4% |
5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The Hayward housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 28.3%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
77 | 91 | +18.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
63 Homes Were Sold
Over Asking
Summary: A total of 91 homes were sold or pending in Hayward in May 2024, up by 18.2% month-over-month. Of the 82 sold homes, 13% were sold under asking, 10% were sold at asking, and 77% were sold over asking.
Days on Market for Hayward, CA
How long does it take to sell a home in Hayward, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 14 Days | -14.9% |
Summary: Homes in Hayward had an average of 14 days on market in May 2024, down by 14.9% compared to last year.
Breakdown of Home Sale Times
79 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 91 homes were sold in Hayward; 87% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.