Fremont Real Estate Market Update

As Diwali brings the festival of lights this weekend, October’s real estate numbers are shedding some light of their own. We're seeing steadier values despite lighter activity. Fremont, Hayward, Union City, and San Jose all saw prices rise, while Newark and Milpitas softened slightly. Sold price per square foot also climbed in five of our six local markets. Buyers are negotiating a bit harder right now, though, with the "price over asking" premium cooling in four of the six cities. Mortgage rates certainly played a role as the 30 year fixed touched 7.4% in mid October, the highest we've seen since November 2023. Real estate is always hyper local, so here’s exactly how each city stacked up!

Check out the updated Fremont Home Price Tracker site, designed to bring these local market metrics to life with an interactive, visual display! Feel free to reach out if you have any questions, I'd be more than happy to do a thorough / personalized analysis beyond this data report. You can also check out my website for more resources & guides (www.JoshUy.com).

Fremont - Quick takeaways (11/04/26): 📈

October 2026 prices - Fremont bounced back in a big way, with the average price jumping 11.6% to $2.07M. For reference, that's the highest recorded since June at $2.09M. The sold $ / sq ft also climbed 5.1%, from $1001 to $1053 / sq ft. Still, the luxury end did a lot of the lifting: 10 homes closed above $3M last month (vs 7 in September, 4 in August, & 7 in July), including 4 above $4M. The average size of home sold also rose to 1985 sq ft, up from 1861 in September.
Price over asking % - Homes in October sold an average of 2.0% over asking, cooling from September's 3.1% figure. Of the 59 sales last month, 29 closed above list price, which at 49% was the lowest share Fremont has seen since February 2023. October 2025 came in at 2.7% over asking, followed by a hotter 5.7% in November 2025, while October 2024 recorded 4.6% over.
6 month change - Over the last six months, prices are up 5.6% from $1.96M in April 2026. Over that same span, the sold $ / sq ft slipped 1.9% from $1073 to $1053 / sq ft. Bigger homes explain the gap: April's sales averaged 1872 sq ft vs 1985 sq ft last month. The monthly average for 2026 ticks up to $1.93M, selling at $1070 / sq ft.
1 yr change - Year over year, prices are up 2.2% from $2.02M in October 2025. Over the same year, the sold $ / sq ft dipped 1.9% from $1073 to $1053 / sq ft. Activity was much lighter: 59 homes sold last month vs 78 in October 2025 and 77 in October 2024.
See the October sold homes HERE.

Have a great day!

Josh Uy

Fremont Data title banner over Mission Peak and the Fremont hills

Table of Fremont detached home sales month by month over the past two years: number sold, average list price, average sold price, percent over asking, and price per square foot. The latest month's average sold price is highlighted and the one from six months earlier is outlined, and a smaller table below compares the latest month with the same month one and two years earlier

Line chart comparing the average list price and average sold price of Fremont detached homes, month by month over the past two years

Bar chart of the number of detached homes sold in Fremont each month over the past two years

Line chart of the average sold price per square foot of Fremont detached homes, month by month over the past two years

Sales data was pulled from the Bayeast Association of Realtors MLS (deemed reliable but not guaranteed), then organized by Josh Uy. For more information on how these trends might affect your home values and/or the timing of your real estate moves, please feel free to contact me anytime. You can also visit my website (www.JoshUy.com) which has additional resources for home buyers and home sellers.

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Contact Josh Uy, REALTOR, DRE #01952401. Phone 510.449.7280. Email Josh@EverhomeRE.com. Website and QR code both link to www.JoshUy.com. Buying, selling, new homes, and investments.