Is Hayward, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hayward is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Hayward has remained a Seller's Market.

Key Takeaway

Hayward is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hayward, CA

How much do homes in Hayward, CA cost?

Median Sold Price

$890,000

$605/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$41,000(+4.8%)

Key Takeaway

Homes in Hayward have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Hayward was $890,000 in November 2024, up 4.8% from last year, and the median price per square foot was $605.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $400K$415K
+3.8%
2 $635K$660K
+3.9%
3 $850K$870K
+2.4%
4 $1.0M$1.1M
+11.1%
5+ $1.6M$1.4M
-7.8%

Summary: Hayward housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 7.8%.

Median Sold Price Compared To Nearby Cities

Union City
+12.5%
Fremont
+10.7%
Pleasanton
+8.8%
Hayward
+4.8%
San Leandro
+1.9%

Housing Supply in Hayward, CA

How many homes are available in Hayward, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
292245-16.1%

Summary: The Hayward real estate market had 245 homes for sale in November 2024, a 16.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 87
-12.5%
2 6150
-18.0%
3 142119
-16.2%
4 6149
-19.7%
5+ 2020
0.0%

Summary: The Hayward housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 18%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
9180-12.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

54 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hayward, you could pay more than the asking price. 73% of homes here sold above asking price last month.

Summary: A total of 80 homes were sold or pending in Hayward in November 2024, down by 12.1% month-over-month. Of the 74 sold homes, 15% were sold under asking, 12% were sold at asking, and 73% were sold over asking.

Days on Market for Hayward, CA

How long does it take to sell a home in Hayward, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days23 Days+12.8%

Summary: Homes in Hayward had an average of 23 days on market in Nov 2024, up by 12.8% compared to last year.

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hayward are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 80 homes were sold in Hayward; 74% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Hayward, CA

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