Centerville

Fremont, CA

Neighborhood Market Analysis

Q3 2025 Report
$1,500,000 - $1,788,800 (as of early 2025)
Median Home Price
61 (Somewhat Walkable; higher near Fremont Blvd and downtown Centerville)
Walkability Score
Generally 7–9/10 on GreatSchools; Washington High is well-rated and sought after.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by Thornton Ave (north), Fremont Blvd (east), Blacow Rd (south), and the Union Pacific railroad tracks (west).

Zip Codes

94536

Market Data Summary

Price Range$1.2M to $2.1M for most single-family homes; condos/townhomes from $800K+
Price per Sq Ft$1,046
Inventory LevelsLow inventory (65 homes on market as of March 2025); high competition among buyers[3].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTownhomesCondosSome mixed-use properties

Architectural Styles

RanchContemporaryMid-centuryCraftsmanNewer infill developments

Property Details

Typical Lot Sizes4,000–7,000 sq ft for SFRs; smaller for townhomes/condos
Home Age Range1940s–2020s; mix of original postwar homes and new construction
Construction QualityGenerally good; older homes may require updates, newer infill is high quality.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with significant Asian and South Asian populations; mix of families, professionals, and multi-generational households.

Community Vibe

Suburban-urban blend; walkable pockets near historic downtown; active local events.

Typical Residents

  • Families
  • Young professionals
  • Commuters
  • Retirees

Family Friendly

Yes—numerous parks, good schools, and community centers.

Amenities & Lifestyle

Parks & Recreation

  • Centerville Community Park
  • W. Washington Park
  • Nearby Alameda Creek Trail

Dining Options

  • Indian, Chinese, Mexican, and American restaurants
  • Popular local diners and takeout spots

Shopping Centers

  • Fremont Hub
  • Local strip malls
  • Small specialty shops

Local Businesses

  • Centerville Farmers Market
  • Local cafes and bakeries
  • Ethnic grocery stores

Education & Schools

Generally 7–9/10 on GreatSchools; Washington High is well-rated and sought after.
Overall School Rating

Elementary Schools

  • Centerville Elementary
  • Parkmont Elementary

Middle Schools

  • Centerville Junior High

High Schools

  • Washington High School

Private Schools

  • Our Lady of Guadalupe School
  • Fremont Christian School

Transportation & Accessibility

Transit & Roads

Public Transit

  • Centerville Amtrak/ACE station
  • AC Transit bus lines

Major Roads

  • Fremont Blvd
  • Thornton Ave
  • Blacow Rd

Commute & Walkability

Commute Times30–50 minutes to Silicon Valley; 40–60 minutes to San Francisco (via car or transit)
WalkabilityModerate; walkable near downtown, car-dependent elsewhere.
ParkingAdequate street and driveway parking; some congestion near schools and transit hubs.

Marketing Intelligence

Target Buyer Types

  • Tech professionals
  • Move-up families
  • Investors seeking appreciation
  • Commuters

Key Selling Points

  • Strong schools
  • Transit access (Amtrak/ACE)
  • Diverse dining and shopping
  • Historic character with modern updates

Pricing Considerations

Price competitively—homes sell over list if well-presented; avoid overpricing in a fast-moving market.

Common Objections & Response Strategies

Objection: High home prices compared to other Fremont neighborhoods

Response Strategy:

Emphasize appreciation, rental demand, and school quality; compare to higher-priced Mission San Jose.

Objection: Older homes may need renovation

Response Strategy:

Highlight recent updates, potential for customization, and lower price per square foot than new builds.

Objection: Train noise near tracks

Response Strategy:

Show homes further from tracks; discuss soundproofing and lower prices for affected properties.

Investment Insights

Investment Potential

Appreciation Potential

Strong—9–10% annual appreciation in 2024–2025; demand driven by jobs and schools[2][3].

Rental Demand

High; median rent $3,225–$3,700/month; low vacancy rates[3][4].

Buyer Competition

Intense—multiple offers common, especially for updated homes[3].

Best For

  • Families seeking good schools
  • Commuters to Silicon Valley/SF
  • Long-term investors

Potential Concerns

  • Older homes may need updates
  • High entry price
  • Competition from cash buyers

Professional Recommendations

1

Prepare buyers for fast-moving market and multiple-offer scenarios.

2

Leverage local school and transit data in marketing.

3

Network with local agents for off-market opportunities.

4

Advise sellers on pre-listing improvements to maximize value.

5

Highlight Centerville’s unique blend of history, diversity, and accessibility.

Competitive Analysis

Comparable Markets

  • Irvington
  • Niles
  • Mission San Jose

Market Positioning

Best value for families and commuters seeking schools and transit in Fremont.

Competitive Advantages

  • Lower entry price than Mission San Jose
  • Better transit access than Niles
  • More walkable and urban than Irvington

Price Comparison

Centerville is 10–20% less expensive than Mission San Jose, but higher than Niles and Irvington.

Investment Metrics

2.0–2.5% (typical for Bay Area suburban markets)[4]
Cap Rates
2.1–2.4% gross yield
Rental Yields
~33–36
Price-to-Rent
Generally negative to neutral for new purchases; positive for long-term holds or value-add properties.
Cash Flow
6–8% annual appreciation expected through 2026.
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenging due to high prices; FHA/VA buyers may struggle to compete with cash offers.

Move-Up Buyers

Strong interest; many families upgrading within Fremont for schools and amenities.

Downsizers

Some interest in condos/townhomes; limited inventory.

Investors

Active, especially for rental and value-add opportunities; focus on proximity to transit.

Relocators

Attracted by schools, transit, and diverse community.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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