Market Intelligence · CA / Fremont

Fremont, CA 94538 Housing Market

The typical home value in Fremont's 94538 ZIP is $1,283,053, down 3.1% over the past year. The median list price stands at $1,149,000, with homes spending 33 days on the market.

Updated August 2026Median value$1269K

The median home value in Fremont, CA 94538 is $1.27M as of August 2026, down 2.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 94538 range

$1.17M to $1.37M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.2% over 12 months

Typical home value in 94538 over the last 12 months: $1.3M in Aug 2025 to $1.27M in Aug 2026 (-2.2%).

Aug 2025$1.3M

Aug 2026$1.27M

The numbers

What is the 94538 housing market like?

Typical home value

$1.27M

Down2.2%YoY

Median list price

$1.15M

Up6.6%MoM

Days on market

33

Down13.2%MoM

Homes for sale

76

Down5.0%MoM

Price cuts

13.9%

Up17.9%MoM

New listings

40

Down20.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 94538 home prices compare?

  • 94538$1,268,556
  • Fremont$1,401,921
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Fremont: 4 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

There are 76 homes for sale in this area as of early August 2026, with 40 new listings added recently. The median days on market of 33 suggests moderate buyer interest, though price cuts appear on 13.9% of listings. The year-over-year decline in typical home value indicates a softening market. Sellers should be realistic about pricing and condition if they want to move quickly.

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20% · $253,711

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