Fremont Real Estate Market Update: October 2026

Happy October! September brought a mixed bag across the local market with: Fremont bouncing back, San Jose & Union City holding steady, while Newark, Hayward & Milpitas were pulling back. Before getting spooked by the headline averages, much of this movement came down to the size of homes sold rather than a true shift in values, as the average price and sold $ / sq ft moved in opposite directions for 5 of the 6 city reports. On the brighter side for sellers, the price over asking figure increased in 5 of the 6 cities, though the 30 year fixed rates crept back above 7% for the first time since January 2025, which is worth keeping an eye on. As we head into the holiday months, expect lighter activity and a few more quirky month to month swings. Real estate remains hyper local, so no tricks here, just the data!

Check out the updated Fremont Super Data 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 (10/05/26): 📈

September 2026 prices - After two consecutive months of cooling, Fremont's price bounced back with the typical home selling for $1.85M, which was a 6.9% gain from August. The sold $ / sq ft went the other way though, dipping 5.5% (from $1060 to $1001 / sq ft) and recording the lowest $ / sq ft figure since September 2023. On a closer look at the data, the price movement mostly came down to bigger homes being sold: the average size of home sold jumped back up to 1861 sq ft (vs 1640 in August and 1879 in July), with 26 sales above 2000 sq ft (vs 13 in August). Fremont also had 7 homes close above $3M last month (vs 4 in August, 7 in July, and 12 in June), including 4 above $4M.
Price over asking % - Homes in September sold at an average of 3.1% over asking price, the second straight monthly uptick after the 2.5% in August and the highest figure since May this year (3.9%). Of the 86 total sales last month, 49 homes (57%) closed above list price (vs 55% in August). This time last year was a cooler 1.2% over asking in September 2025, followed by 2.7% in October 2025, while September 2024 came in at a hotter 4.2%.
6 month change - Over the last six months, prices are essentially flat (-0.1%) from $1.85M in March 2026, but the average $ / sq ft figure has fallen 9.9% in that same timeframe (from $1112 to $1001 / sq ft). Part of that gap is again the size of homes sold, as the sales from March averaged 1696 sq ft vs 1861 sq ft last month. For the year, September's $1001 / sq ft is now the low point, taking over from July's $1040 / sq ft. The overall monthly average for 2026 holds at $1.92M, selling at $1071 / sq ft.
1 yr change - Year over year, prices are up 2.5% from $1.81M in September 2025, though the sold $ / sq ft is down 3.1% from $1033 / sq ft. Fremont had 86 homes sold this past month, recording more activity than both September 2025 (77 sales) and September 2024 (73 sales).
See the September 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. September 2026: 86 homes sold at an average of $1,851,795, 3.1% over asking, $1,001 per square foot. September 2025: 77 sold at $1,807,349. September 2024: 73 sold at $1,885,063.

Line chart comparing the average list price and average sold price of Fremont detached homes, month by month over the past two years. Average sold price stayed above average list price every month. September 2026 average sold price was $1.85M, up from $1.81M in September 2025 and down from $1.89M in September 2024.

Bar chart of the number of detached homes sold in Fremont each month over the past two years. 86 homes sold in September 2026, up from 73 in August. The high was 95 in May 2026; the lows were 22 in January 2025 and 28 in January 2026.

Line chart of the average sold price per square foot of Fremont detached homes, month by month over the past two years. $1,001 per square foot in September 2026, the lowest point on the chart, down from $1,033 in September 2025 and $1,089 in September 2024. The peak was $1,159 in April 2025.

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.