94501 Housing Market
Median List Price
$995,000
Updated August 2026
Today, the 94501 ZIP code in Alameda, CA has 53 homes for sale at a median list price of $995,000, typically selling in about 54 days.
94501 Housing Market Overview
Buyers in the 94501 ZIP code are looking at a median list price of $995,000. That runs roughly 2.1% higher than Alameda as a whole. Since February, the median price has moved down about 20.1% to $1.1M as of July. The 94501 ZIP code has 53 active listings on the market right now. Pricing spreads from a $398,000 median for one bedroom homes to $2M for five bedroom homes.
94501 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.0 months of supply, yet 40% of sellers have trimmed their asking price, and the typical home takes about 54 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$995K
↑ 8% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.0 months of supply
Tight Supply53 active listings against the current sales pace works out to about 2.0 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~54 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 24% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 49% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 94501 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
49%
Homeowners
51%
Renters
Homeownership is 6.5 points lower than the California average (55.5%)
29,810 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $413K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$559K)
Price Reductions
21 listings have reduced their price
40% of active listings
Average reduction: 7.0% (~$69K)
Browse 94501 Listings
Frequently Asked Questions about the 94501 Housing Market
What is the median home price in the 94501 ZIP code?
The median list price in the 94501 ZIP code is $995,000 as of August 2026, based on 53 active listings.
Is the 94501 ZIP code a buyer's market or a seller's market?
The 94501 ZIP code currently reads as a balanced market. Active inventory works out to about 2.0 months of supply at the recent sales pace.
How fast do homes sell in the 94501 ZIP code?
The average home currently for sale in the 94501 ZIP code has been on the market for 54 days.
Are home prices in the 94501 ZIP code going up or down?
The median sale price in the 94501 ZIP code is up about 7.6% compared with a year ago.
How many homes are for sale in the 94501 ZIP code?
There are 53 homes for sale in the 94501 ZIP code right now, including 3 listed within the last week.