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Real Estate in Castro Valley, CA

4/6/2015

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Castro Valley is a census-designated place (CDP) in Alameda County, California, United States. As of the 2000 census, it is the fifth most populous unincorporated area in California, and the twenty-third in the United States.[citation needed] The population was 61,388 at the 2010 census.

Castro Valley is named after Don Guillermo Castro, who was a soldier in the Mexican army and a rancher.

First known for chicken ranches, Castro Valley eventually became a bedroom community.


The 2010 United States Census reported that 61,388 people, 22,348 households, and 16,112 families resided in the CDP. The population density was 3,690.3 people per square mile (1,424.8/km²). There were 23,392 housing units at an average density of 1,382.6 per square mile (533.8/km²). The racial makeup of the CDP was 58.0% White (49.5% non-Hispanic), 6.9% African American (6.6% non-Hispanic), 0.5% Native American, 21.4% Asian, 0.7% Pacific Islander, 6.1% from other races, and 6.3% from two or more races. 17.4% of the population was Hispanic or Latino of any race.

The Census reported that 98.0% of the population lived in households, 0.4% lived in non-institutionalized group quarters, and 1.5% were institutionalized.

There were 22,348 households out of which 36.1% had children under the age of 18 living in them, 54.3% were opposite-sex married couples living together, 12.6% had a female householder with no husband present, and 5.2% had a male householder with no wife present. 5.0% of households were unmarried opposite-sex partnerships and 1.0% were same-sex married couples or partnerships. 21.7% of households were made up of individuals and 8.9% had someone living alone who was 65 years of age or older. The average household size was 2.69 and the average family size was 3.15.

The population was spread out with 23.4% under the age of 18, 7.6% aged 18 to 24, 24.5% aged 25 to 44, 31.1% aged 45 to 64, and 13.4% who were 65 years of age or older. The median age was 41.2 years. For every 100 females there were 94.5 males. For every 100 females age 18 and over, there were 91.0 males.

There were 23,392 housing units of which 69.0% were owner-occupied and 31.0% were occupied by renters. The homeowner vacancy rate was 1.3%; the rental vacancy rate was 5.4%. 68.8% of the population lived in owner-occupied housing units and 29.2% lived in rental housing units.

It is predicted that home values in Castro Valley, CA will rise 4.7% next year. 

Foreclosures will be a factor impacting home values in the next several years. In Castro Valley, CA the number of foreclosures waiting to be sold is 46.7% less than the national average. This lower local number could cause home values in Castro Valley, CA to rise quicker than other cities.





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Modesto, CA 95350
Phone: 650-219-3703
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