4-week rolling average ยท Data through March 12, 2026 ยท ZIP 94501
The Alameda, CA market (94501) is running notably hot, with a median sale price of $1,198,000 outpacing the median list price of $1,088,000, suggesting strong buyer competition is pushing homes well above asking. At a median of 14 days on market and a competition score of 88 out of 100, properties are moving quickly across all bedroom types. With 151 active for-sale listings and 213 rental units available, there is more depth on the rental side than the purchase side of the market.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $408K | $2K/mo |
| 2BR | $825K | $3K/mo |
| 3BR | $1.20M | $4K/mo |
| 4BR | $1.40M | $5K/mo |
| 5BR | $1.70M | โ |
| 6BR | $1.20M | โ |
| 7BR | $1.60M | โ |
Sellers are in a strong position as homes are closing at a median sale price of $1,198,000 against a median list price of $1,088,000, reflecting a premium of $110,000 above asking. With a median of just 14 days on market, well-priced homes are attracting buyers quickly, making this an excellent window to list.
Buyers should be prepared to offer above the list price, as the market data shows a $110,000 gap between the median list price of $1,088,000 and the median sale price of $1,198,000. Acting with urgency matters here given the 14-day median days on market, which leaves little time for hesitation or extended negotiation.
Investors evaluating Alameda should note that the median rent of $2,495 per month against a median sale price of $1,198,000 reflects the compressed yields typical of Bay Area markets. The rental market has meaningful depth with 213 units of rental inventory, and the rent by bedroom data shows 3-bedroom units renting at $4,000 and 4-bedroom units at $4,600, which may appeal to investors targeting larger unit types.
The current 30-year fixed mortgage rate of 6.37% and 15-year rate of 5.72% are key affordability factors for buyers financing at the $1,198,000 median sale price. Buyers who can qualify for the 15-year term at 5.72% will save meaningfully on interest over the life of the loan, though the higher monthly payments require strong income qualification.
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