Alameda Housing Market Report – March 2026
Here's a look at how the Alameda, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 28
- Median Sale Price: $1,090,000
- Average Sale Price: $1,076,036
- Average Price Per Sq Ft: $627
- Average Days on Market: 63
- Sale-to-List Price Ratio: 108.1%
Month-Over-Month Trends
Compared to February, the median sale price in Alameda moved 12.4% down (from $1,244,000 to $1,090,000). The number of homes sold was 7.7% up compared to the prior month (26 vs. 28). Average days on market shifted 23.5% up (51 days to 63 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 16.2% down (from $1,300,000 to $1,090,000). Sales volume is 44.0% down year-over-year.
What This Means
Alameda's housing market is cooling noticeably in March, though the slowdown appears more nuanced than raw numbers suggest. Yes, the median price dropped 12.4% from last month and 16.2% year-over-year, but homes are still selling above asking price at 108.1%—a seller-friendly indicator that contradicts the narrative of a buyer's market. The uptick in sales volume month-over-month (28 from 26) hints that lower prices are actually encouraging activity, even if annual comparisons remain weak.
The real story lies in days on market, which jumped to 63 days from 51 last month. This suggests Alameda inventory is finally accumulating, giving buyers more breathing room to be selective. With 97 active listings at a median asking price of $949,000, sellers may be testing the market's patience. The property mix leans toward single-family homes, which typically move slower in this price range than condos.
Interest rates and springtime seasonality are likely at play here. Traditionally, March picks up as buyers emerge, but higher mortgage rates continue dampening affordability. Alameda's desirable location and BART access should support prices long-term, but this month's data suggests we're in a genuinely transitional period—neither booming nor crashing, just recalibrating.
Alameda Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94501 | 21 | $1,110,000 | $626 | 69 |
| 94502 | 7 | $915,000 | $629 | 47 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 12 | $1,200,000 | $715 |
| CONDOS | 8 | $658,000 | $541 |
| TOWNHOMES | 6 | $892,500 | $637 |
| MULTI_FAMILY | 2 | $1,475,000 | $407 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 2 |
| $500K - $749K | 4 |
| $750K+ | 22 |
Current Active Listings
As of this report, there are 97 active listings in Alameda with a median asking price of $949,000 and an average of 47 days on market.
Thinking About Selling Your Alameda Home?
If you're a homeowner in Alameda considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Alameda and throughout the Central Valley — get a no-obligation cash offer today.
Learn More About Selling Your Alameda Home
Get More Info On Options To Sell Your Home...
Selling a property in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.
Get An Offer Today, Sell In A Matter Of Days...
Takes about 30 seconds. No obligation.