Is Alameda, CA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Alameda is a seller's market


Difference Since February 2023

Since last year, Alameda has remained a Seller's Market.

Key Takeaway

Alameda is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Alameda, CA

How much do homes in Alameda, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2023


Key Takeaway

Homes in Alameda have sold for 7% less than they did a year ago.

Summary: The median home sold price in Alameda was $1,150,000 in February 2024, down 7% from last year, and the median price per square foot was $718.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $501K$450K
2 $985K$911K
3 $1.3M$1.2M
4 $1.6M$1.5M
5+ $2.1M$1.8M

Summary: Alameda housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 9.9%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Alameda, CA

How many homes are available in Alameda, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE

Summary: The Alameda real estate market had 73 homes for sale in February 2024, a 19.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 68
2 2122
3 1926
4 1010
5+ 57

Summary: The Alameda housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 36.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alameda, you could pay more than the asking price. 52.6% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Alameda in February 2024, up by 17.6% month-over-month. Of the 19 sold homes, 37% were sold under asking, 11% were sold at asking, and 53% were sold over asking.

Days on Market for Alameda, CA

How long does it take to sell a home in Alameda, CA?

Average Sale Time

Feb 2023Feb 2024CHANGE
22 Days20 Days-5.7%

Summary: Homes in Alameda had an average of 20 days on market in Feb 2024, down by 5.7% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alameda are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 20 homes were sold in Alameda; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Alameda, CA

Nearby Markets to Alameda, CA

What housing markets are near Alameda, CA?