DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
Data through Jul 2026
Alameda is still one of the most competitive markets in the Bay Area, but competition is starting to ease. Here's the picture:
Based on 175 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.
Data through July 2026
See how prices, monthly costs, and mortgage rates have moved in Alameda.
Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.
The median sale price in Alameda is $1.19M — down 5% from $1.25M in September 2021. Over that stretch, the median peaked at $1.35M in March 2022 and bottomed at $1.05M in January 2026. That's right in line with the area's 5-year average of $1.18M. Each point is the median of a rolling 3-month window of closings, so the curve runs smoother than any single month; the multi-year direction is the signal.
What buyers actually pay has moved more than the sticker price suggests: a typical monthly payment (20% down, principal & interest) is about $6,120 today, up 45% from $4,221 in September 2021. Most of that increase comes from mortgage rates (3.0% then vs. 6.7% now), not prices — at September 2021 rates, today's median would run about $4,020/mo.
Seasonally, the three months ending in October have been the busiest stretch for closings in Alameda over the past 5 years (about 161 sales in that window on average, vs. 93 for the stretch ending in March), while competition has run hottest in the stretch ending in August (76% of homes selling over asking on average). That's an average across just 5 observations per month, so treat it as a tendency, not a rule.
Alameda is still a highly competitive market, but conditions are starting to ease. Buyers should move quickly on well-priced homes and expect to offer above asking, though the most intense bidding wars may be tapering.
At $1.19M, Alameda's median sits about 34% below the Bay Area average of $1.80M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Alameda is one of the more accessible corners of the Bay Area.
By home type:
Prices in Alameda depend heavily on home type and specific neighborhood. Median sale prices by type:
Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.
Alameda is one of the Bay Area's more competitive markets:
Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.
At $1.19M with 20% down at 6.71%, your estimated total monthly cost is approximately $7,575:
HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.
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