Alameda Housing Market Report – May 2026
Here's a look at how the Alameda, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 49
- Median Sale Price: $1,261,852
- Average Sale Price: $1,272,875
- Average Price Per Sq Ft: $690
- Average Days on Market: 45
- Sale-to-List Price Ratio: 110.6%
Month-Over-Month Trends
Compared to April, the median sale price in Alameda moved 16.8% up (from $1,080,000 to $1,261,852). The number of homes sold was 14.0% up compared to the prior month (43 vs. 49). Average days on market shifted 7.1% up (42 days to 45 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 9.9% down (from $1,400,000 to $1,261,852). Sales volume is 3.9% down year-over-year.
What This Means
May brought some interesting momentum to Alameda's housing market, though the story is more nuanced than the headline numbers suggest. The 16.8% month-over-month jump in median price is notable, but it's worth keeping in mind that April's data may have been incomplete due to reporting issues, so we're likely seeing a more accurate picture now rather than a dramatic surge. What's more telling is that homes are still selling above asking price at 110.6%—a sign that buyer demand remains solid despite the softer year-over-year comparison, where median prices are down nearly 10% from May 2025.
The market is cooling slightly but not dramatically. Homes are spending 45 days on the market now versus 42 days last month, suggesting inventory is having a bit more influence on negotiations. With 113 active listings and an asking price median of $1.1 million, there's genuinely more choice for buyers than a year ago. The property mix is heavily weighted toward single-family homes, which tend to move faster in Alameda's competitive market.
Overall, this is a balanced market—neither a seller's rush nor a buyer's bonanza. Late spring seasonality is kicking in, and higher interest rates continue to constrain buying power compared to last year. For both sides, patience and realistic pricing seem to be the winning strategies right now.
Alameda Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94501 | 35 | $1,372,000 | $723 | 44 |
| 94502 | 14 | $890,000 | $606 | 47 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 30 | $1,512,500 | $779 |
| TOWNHOMES | 10 | $890,000 | $551 |
| CONDOS | 8 | $634,000 | $567 |
| MULTI_FAMILY | 1 | $1,130,000 | $386 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $400K - $499K | 3 |
| $500K - $749K | 4 |
| $750K+ | 42 |
Current Active Listings
As of this report, there are 113 active listings in Alameda with a median asking price of $1,099,000 and an average of 60 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 Alameda County — get a no-obligation cash offer today.