Palomares Hills, Castro Valley Housing Market · 2026

Data through Aug 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Palomares Hills, Castro Valley Market Snapshot

Palomares Hills leans toward buyers, though competition has been picking up recently. Here's where things stand:

Based on 5 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$1.35M
▲ Up 3.8% from August 2025
Up $49K from August 2025
Homes Sold
5
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$8,975/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$7,386
  • Property Tax$1,406
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
20 days
▼ 4 fewer days than in August 2025
Homes typically sell within a month
Sale-to-List Ratio
100.4%
▲ Up from 98.1% in August 2025
Selling at or near asking price
% Sold Over Asking
20%
Only 20% sold above asking. Few bidding wars right now
Active Listings
3
▲ Up 222.4% from August 2025
About 1.9 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Palomares Hills.

Median Sale Price
Up 3.8% year-over-year in Palomares Hills. Based on 5 sales in the last 3 months.
Homes Sold
44% fewer homes sold than a year ago in Palomares Hills.
Total Monthly Payment
Estimated monthly cost is up 5% from a year ago in Palomares Hills, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 7.28%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Palomares Hills, Castro Valley

Is now a good time to buy in Palomares Hills, Castro Valley?

Palomares Hills, Castro Valley leans toward buyers, though competition has been picking up recently. Buyers still have leverage to negotiate, but the window may be narrowing.

How do Palomares Hills, Castro Valley home prices compare to the Bay Area average?

At $1.35M, Palomares Hills, Castro Valley's median sits about 24% below the Bay Area average of $1.78M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Palomares Hills, Castro Valley is one of the more accessible corners of the Bay Area.

Within Castro Valley, this area trades about 17% above the city-wide median of $1.15M.

By home type:

  • Townhomes at $1.30M
  • Single-family homes at $1.53M
What price range should I budget for in Palomares Hills, Castro Valley?

Prices in Palomares Hills, Castro Valley depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Townhomes at $1.30M
  • Single-family homes at $1.53M

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Palomares Hills, Castro Valley for buyers?

Palomares Hills, Castro Valley currently leans toward buyers:

  • Homes sell about 0.4% above asking on average
  • 20% close above list price
  • 20 days typical time to go pending
  • 25% of listings have had a price reduction

Buyer strategy: a well-structured offer near or below list price has a good chance of success.

What will my total monthly cost be on a median-priced Palomares Hills, Castro Valley home?

At $1.35M with 20% down at 7.28%, your estimated total monthly cost is approximately $8,975:

  • $7,386 principal and interest
  • $1,406 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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