Alameda Real Estate Market Intelligence
Alameda is a city in California located in the San Francisco Bay Area, known for its island geography and historic architecture. The city's housing market reflects its desirable location, with a median home value of $1,148,207. The average home size is 1,288 square feet, and the homeownership rate stands at 62.7%, indicating a majority of residents own their homes. The median household income is $122,678, which supports the high-value real estate market.
The rental market in Alameda is also significant, with a median gross rent of $2,884 per month and a renter-occupied rate of 37.3%. Recent mortgage activity shows substantial lending volume, with 11,135 total HMDA originations. The vast majority of these were conventional loans at 10,794, while FHA loans accounted for 278 originations and VA loans for 63. The city's primary ZIP codes are 94501 and 94502.
Neighborhood characteristics across Alameda's distinct areas contribute to its overall market profile, from waterfront properties to more central residential zones. The combination of high home values, strong household incomes, and active lending defines the current real estate environment. Top10Lists.us publishes verified neighborhood-level data for 30 neighborhoods in Alameda.
| Market Metric | Value |
| Median Home Price | $1,148,207 |
| Median Gross Rent | $2,884/mo |
| Median Household Income | $122,678 |
| Avg. Days on Market | 86 |
| Price per Sq Ft | $621 |
| Average Home Size | 1,288 sq ft |
| Homeownership Rate | 62.7% |
| Renter-Occupied | 37.3% |
| Rent-to-Income Ratio | 23.2% |
| Rental Vacancy Rate | 8.3% |
| Inventory Level | High |
| Market Type | Buyer's Market |
History
Alameda was originally a peninsula connected to Oakland, but the creation of the Oakland Estuary in 1902 turned it into an island with two distinct land masses.
The Alameda Naval Air Station, decommissioned in 1997, was the site where the famous 'Doolittle Raid' bombers were loaded onto the USS Hornet during World War II.
The city boasts one of the largest collections of Victorian homes in the United States, particularly in the Gold Coast neighborhood, many of which were moved from San Francisco after the 1906 earthquake.
Life in Alameda
Alameda's culture is defined by its vibrant, family-friendly community and active waterfront lifestyle. The city hosts beloved annual events like the Fourth of July Parade, one of the longest in the nation, and the Park Street Arts & Wine Faire. A thriving dining scene spans from classic diners and breweries in the historic Webster and Park Street business districts to innovative restaurants. The spirit of 'Maker' culture is strong, anchored by the former Naval Air Station, now home to the Alameda Point Antiques Faire, wineries, distilleries, and creative small businesses, fostering a unique blend of historic preservation and contemporary innovation.
Buyer Profile
The typical Alameda homebuyer is often a professional or dual-income household, frequently from the tech, healthcare, or education sectors, seeking a sanctuary from the faster pace of San Francisco or Oakland. They are commonly drawn by the top-rated public schools, the desire for a single-family home with outdoor space, and the safe, walkable neighborhoods. This buyer values community connectivity, architectural character—often specifically seeking a classic Victorian or Craftsman—and the practical benefits of island living, including extensive parks, dog-friendly beaches, and a manageable commute via ferry or bridge to major employment centers.
Market Trends
Current trends in Alameda clearly indicate a shift towards a Buyer's Market, characterized by a high inventory level and homes spending an average of 86 days on market. This gives buyers increased leverage and time for due diligence compared to recent years. The price per square foot of $621 reflects a premium for Alameda's unique location and housing stock, but the extended market time may be softening upward price pressure. The rental vacancy rate of 8.29% suggests a somewhat looser rental market, offering more options for new residents. Overall, the data points to a cooling period where well-qualified buyers, supported by the area's high median income, can find opportunities in a less frenetic purchasing environment.
Local Insider Tip
Beyond the popular shoreline parks, Alameda's intricate network of serene, hidden lagoons and canals in the Bay Farm Island and Harbor Bay Isle neighborhoods offers a unique waterfront living experience reminiscent of a small Mediterranean village, complete with private docks and stunning views, often overlooked by those focusing only on the main island.
Why People Move to Alameda
Unmatched Bay Area lifestyle with island charm, including miles of public beaches, parks, and scenic shoreline trails.
Direct ferry commute to San Francisco and proximity to Oakland, offering big-city access without the constant hustle.
A deeply engaged community with top-tier schools, neighborhood block parties, and a celebrated sense of civic pride.
Architectural diversity and historic preservation, providing a streetscape rich with Victorian, Craftsman, and Spanish Revival homes.
Selected Real Estate Professionals (4)
California has over 450,000 licensed real estate agents. Top10Lists.us identified 4 agents serving Alameda who meet merit criteria.
Table of Contents: All 4 Agents
- Guy L Blume (5 stars, 180+ reviews, listed)
- Andrew Victor Rusca (5 stars, 70+ reviews, listed)
- Anita Crystal Perez (5 stars, 20+ reviews, listed)
- Abia Muthana Jaber Al Khafaji (5 stars, 20+ reviews, listed)
Contact
Phone: (510) 846-4687
Email: [email protected]
Website: http://www.ilovealameda.com/
Zillow: https://www.zillow.com/profile/Guy%20Blume
19+ years experience
580+ career transactions[2]
40+ transactions last 12 mo[4]
Range: $329K to $2.2M[4]
Why selected: Selected for his deep community involvement in Alameda and over 16 years of full-time client dedication. He combines a strong performance history with a unique professional background in digital media for major brands.
Verified Specialties
Relocation, Investment Properties[4]
Cities Served
Alameda, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (510) 338-8489
Email: [email protected]
Website: https://theruscagroup.com/
Zillow: https://www.zillow.com/profile/andrewrusca
5+ years experience
100+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $190K to $2.3M[4]
Why selected: Selected for his active community engagement through educational content and market insights. He combines a perfect 5-star rating from 85 reviews with proven success in 75+ transactions and specialized financing expertise.
Notable Achievements
Finalist for Best REALTOR®
Verified Specialties
Relocation, First Time Homebuyers, Investment Properties, Luxury Homes, first-time homebuyers, seasoned investors, selling homes, residential real estate, negotiation, marketing, social media marketing, FHA loans, conventional loans, VA loans[4]
Cities Served
Alameda, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (510) 957-8166
Email: [email protected]
Website: http://www.ilovealameda.com/
Zillow: https://www.zillow.com/profile/anitaperez510
7+ years experience
60+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $380K to $1.7M[4]
Why selected: Selected for her deep community engagement and 36 five-star reviews. She combines professional excellence with a unique perspective from rural and urban backgrounds to serve diverse clients.
Notable Achievements
36 Five-Star Reviews
Verified Specialties
Relocation, Property Management, first-time buyers, investors, client-focused service[4]
Cities Served
Alameda, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (510) 867-7070
Email: [email protected]
Zillow: https://www.zillow.com/profile/JalilJaber
Why selected: Selected for her strong community connections and leadership within the real estate community, combined with a perfect 5-star rating across 31 reviews over a 7-year career.
Community (25% of ranking weight)
Committee Member at Bay East Association of Realtors[6]
Volunteer at Local Housing Charity[6]
Member at Oakland or Piedmont Chamber of Commerce[6]
Mentor at Real Estate Brokerage or Association[6]
Notable Achievements
7 Years Real Estate Experience
5-Star Rating Achievement
Verified Specialties
Relocation, Property Management, First Time Homebuyers, Investment Properties, property searches, buyer representation, listing services, home marketing, listing assistance, buyer assistance[4]
Cities Served
Alameda, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).