Neighborhood Profile

Ardenwood

Fremont, CA | Alameda County
Scored premium profile
Best Neighborhoods USA Index
52.9
National rank: #6,538 of 14,967
Stability and Strength
77.3
Score
Value Opportunity
52.2
Score
Momentum
15.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFremont, CA
CountyAlameda County
National rank#6,538 of 14,967
State rank#734 of 1,814
City rank#10 of 27
County rank#68 of 202
National percentile56.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,585,859
Year-over-year home value change-2.8%
Month-over-month home value change-0.48%
Home value to income ratio12.12
Median household income$130,832
Bachelor's degree or higher73.7%
Civilian unemployment rate4.2%
Homeownership rate68.1%
Housing vacancy rate1.6%
Rent burden 30% or higher27.4%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Ardenwood

What is the Best Neighborhoods USA ranking for Ardenwood?

Ardenwood is ranked #10 of 27 eligible neighborhoods in Fremont; #734 of 1,814 eligible neighborhoods in CA; and #6,538 of 14,967 eligible neighborhoods in the United States.

Is Ardenwood one of the best neighborhoods in Fremont?

Ardenwood has a Best Neighborhoods USA Index of 52.9 and a city ranking of #10 of 27 eligible neighborhoods in Fremont.

How much are homes worth in Ardenwood?

The current Zillow Home Value Index for Ardenwood is approximately $1,585,859.

Are home values rising or falling in Ardenwood?

Zillow neighborhood values changed -2.8% year over year and -0.48% month over month.

What is the Neighborhood Momentum Score for Ardenwood?

Ardenwood has a Neighborhood Momentum Score of 15.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Ardenwood?

The NDS-derived neighborhood median household income is approximately $130,832.

How affordable is Ardenwood relative to household income?

The current Zillow home-value-to-household-income ratio is 12.12. Price-to-income affordability is a major Value Opportunity input.

Is Ardenwood primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 68.1%.

What is the unemployment rate in Ardenwood?

The NDS-derived civilian unemployment rate is approximately 4.2%.

How educated are residents of Ardenwood?

Approximately 73.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Ardenwood face high rent burden?

Approximately 27.4% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Ardenwood?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications229
Estimated originations128
Home-purchase applications98
Origination rate56.0%
Home-purchase share42.8%
Average application loan$706,440
Total application loan amount$162,044,642
National application rank#1,720 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 43.5% YoY; originations 44.6% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.