The housing market in Alameda, CA is a robust one with the median housing value being significantly higher than the national average of $338,100. While the US house appreciation rate was 8.27% over the past year, Alameda saw a slightly lower but still healthy 5.52% appreciation rate for the same time frame. This indicates that there is strong demand for housing in Alameda and those who purchase homes in this area receive an excellent return on their investment.
The median home cost in Alameda is $1,179,600. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Alameda is up 10.9%.
Average Age of Homes
- The median age of Alameda real estate is 55 years old
The Rental Market in Alameda
- Renters make up 49.5% of the Alameda population
- 2.4% of houses and apartments in Alameda, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.