20 Places in California Where Home Prices Have Plummeted
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California is one of the states in the U.S. where dreams really do come true. From the majestic sceneries up and down the coastline, to the variety of fresh foods, and the industries of Silicon Valley and Hollywood-California truly has it all. And it’s going to cost you to live there!
In case you haven’t been to the Golden State in a while or checked home prices online, one thing to know before you decide to move there is that it’s expensive! Not only are essentials like gas and food more pricey, but real estate is at the top of the market.
Has your California dream turned into a nightmare? Fear not, because GOBankingRates is breaking down the eight cities in California where home prices have gone down drastically and where you could perhaps purchase your home on the West Coast state that has it all.
20. Castro Valley
- May 2023 Median Sale Price: $1,137,144
- YoY Percentage Change in Home: -10.23%
- YoY Dollar Change In Home: -$129,595
19. San Carlos
- May 2023 Median Sale Price: $2,329,827
- YoY Percentage Change in Home: -10.28%
- YoY Dollar Change In Home: -$266,832
18. South Lake Tahoe
- May 2023 Median Sale Price: $742,692
- YoY Percentage Change in Home: -10.41%
- YoY Dollar Change In Home: -$77,280
17. Livermore
- May 2023 Median Sale Price: $1,090,315
- YoY Percentage Change in Home: -10.41%
- YoY Dollar Change In Home: -$126,634
16. Santa Cruz
- May 2023 Median Sale Price: $1,351,582
- YoY Percentage Change in Home: -10.44%
- YoY Dollar Change In Home: -$157,507
15. Fremont
- May 2023 Median Sale Price: $1,454,926
- YoY Percentage Change in Home: -10.60%
- YoY Dollar Change In Home: -$172,592
14. Mountain View
- May 2023 Median Sale Price: $2,142,656
- YoY Percentage Change in Home: -10.65%
- YoY Dollar Change In Home: -$255,443
13. Willits
- May 2023 Median Sale Price: $338,831
- YoY Percentage Change in Home: -10.71%
- YoY Dollar Change In Home: -$40,637
12. San Anselmo
- May 2023 Median Sale Price: $1,681,816
- YoY Percentage Change in Home: -10.89
- YoY Dollar Change In Home: -$205,599
11. Albany
- May 2023 Median Sale Price: $1,317,489
- YoY Percentage Change in Home: -11.24%
- YoY Dollar Change In Home: -$166,760
10. Berkeley
- May 2023 Median Sale Price: $1,512,749
- YoY Percentage Change in Home: -11.41
- YoY Dollar Change In Home: -$194,928
9. San Mateo
- May 2023 Median Sale Price: $1,708,961
- YoY Percentage Change in Home: -11.49%
- YoY Dollar Change In Home: -$221,902
8. Oakland
- May 2023 Median Sale Price: $892,504
- YoY Percentage Change in Home: -11.94%
- YoY Dollar Change In Home: -$121,031
7. Alameda
- May 2023 Median Sale Price: $1,282,556
- YoY Percentage Change in Home: -12.12%
- YoY Dollar Change In Home: -$176,822
6. Pleasanton
- May 2023 Median Sale Price: $1,599,329
- YoY Percentage Change in Home: -12.14%
- YoY Dollar Change In Home: -$220,909
5. Palo Alto
- May 2023 Median Sale Price: $3,338,969
- YoY Percentage Change in Home: -12.80%
- YoY Dollar Change In Home: -$490,187
4. San Francisco
- May 2023 Median Sale Price: $1,418,416
- YoY Percentage Change in Home: -13.04%
- YoY Dollar Change In Home: -$210,177
3. East Palo Alto
- May 2023 Median Sale Price: $976,698
- YoY Percentage Change in Home: -13.47%
- YoY Dollar Change In Home: -$152,059
2. Truckee
- May 2023 Median Sale Price: $1,050,673
- YoY Percentage Change in Home: -13.50%
- YoY Dollar Change In Home: -$163,985
1. Dublin
- May 2023 Median Sale Price: $1,341,498
- YoY Percentage Change in Home: -15.75%
- YoY Dollar Change In Home: -$250,795
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