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Not Sure If You're Selling Through a Trust or Probate …

Not Sure If You're Selling Through a Trust or Probate …

DISCLAIMERNothing on this page should be considered to be tax, accounting, legal, or investment advice. If you need…

Downsizing in Silicon Valley: How Much Money Will You Really …

Downsizing in Silicon Valley: How Much Money Will You Really …

The full downsizing math on a $2.4M Willow Glen house and a $1.3M Los Gatos condo: commission, capital…

Reverse Mortgage vs. Selling Your Silicon Valley Home: How to …

Reverse Mortgage vs. Selling Your Silicon Valley Home: How to …

Written By Seb Frey, Broker Associate at Compass, Certified Senior Advisor (CSA) and Seniors Real Estate Specialist (SRES),…

At Home In Fremont

Fremont is the fourth largest city in the Bay Area, with roughly 226,000 residents spread across about 78 square miles of land running from the bay marshes on the west to the foot of Mission Peak on the east. Technically it sits in Alameda County, but between BART reaching into Santa Clara County and Tesla building cars in the old NUMMI plant, it has functioned as part of Silicon Valley for a long time. It is also a very different kind of city from Sunnyvale or Cupertino. Fremont feels like five small towns that happen to share a city hall, and for a lot of my clients that is exactly the appeal.

That is because it really was five towns. On January 23, 1956, Mission San Jose, Centerville, Niles, Irvington and Warm Springs voted to merge and incorporate as one city, mostly to keep from being swallowed piecemeal by their neighbors. Newark was part of the early talks and decided to go its own way, incorporating the year before. The oldest of the five is Mission San Jose, where Padre Fermín de Lasuén founded the mission on June 6, 1797, on the site of an Ohlone village. The restored mission church still stands on Mission Boulevard, and the old district names are still how locals give directions today.

Niles has the best story of the bunch. From 1912 to 1916 it was the West Coast home of Essanay Studios, and Charlie Chaplin shot The Tramp there in 1915, along with dozens of Broncho Billy westerns filmed in the canyon behind town. The Niles Essanay Silent Film Museum still runs silent films with live piano on weekends, and Niles Boulevard is lined with antique shops and cafes that make for an easy afternoon. If you have grandkids in town, the Niles Canyon Railway runs vintage trains out toward Sunol on select weekends.

The modern economy runs through the south end of the city. General Motors opened its Fremont assembly plant in the early 1960s, and in 1984 it became NUMMI, the Toyota and GM joint venture that built cars there until it closed in 2010. Tesla bought the site that same year and now employs somewhere around 25,000 people in Fremont, making it the largest employer in the city by a wide margin. The Warm Springs district around the factory has filled in with offices, research space and new housing, and it looks nothing like it did twenty years ago.

Parks are one of the things Fremont does best. Central Park is the center of gravity, with Lake Elizabeth at its heart and a flat paved loop of about two miles around the water that I would put up against any walk in the South Bay. On the bay side, Coyote Hills Regional Park has boardwalks out over the marsh and connects to the Bay Trail, and Ardenwood Historic Farm is a working 1890s farm with a Victorian house and horse drawn wagon rides. Mission Peak looms over everything on the east side, though I usually tell clients it is better admired from the patio than climbed.

The city runs two senior centers through its Human Services Department, the Age Well Center at Lake Elizabeth on Paseo Padre Parkway and the Age Well Center at South Fremont on Mission Falls Court. Both offer classes, meals, social programs and a modest annual membership for adults 55 and over, and the department also has an Aging and Family Services division that handles case management and caregiver support, which most cities this size do not offer directly. Healthcare is close at hand too. Washington Hospital on Mowry Avenue is a full service acute care hospital with an emergency department, right next to Central Park, and Kaiser Permanente has a large medical center in Fremont as well.

Schools are simpler here than in most of Silicon Valley. The whole city is served by a single unified district, Fremont Unified School District, with 29 elementary schools, five middle schools and five comprehensive high schools: American, Irvington, Kennedy, Mission San Jose and Washington. Mission San Jose High in particular carries a statewide reputation that shows up directly in home prices inside its attendance area, so even though the district lines are cleaner than in Sunnyvale, the specific school assignment still matters a lot to buyers, and I confirm it on every listing.

Getting around is easier than people expect. Fremont has two BART stations, the original Fremont station near Central Park and Warm Springs/South Fremont, which opened in 2017, and since the extension to Milpitas and Berryessa opened in 2020 you can ride BART into San Jose as well as up to Oakland and San Francisco. The Fremont Centerville station serves ACE trains and Amtrak’s Capitol Corridor, and the Dumbarton Bridge on Highway 84 is the shortest route over to the Peninsula. The tradeoff is traffic on 880 and 680 during commute hours, which is real and which I always mention to anyone still driving to an office.

Most of the housing stock went up between the 1950s and the 1970s, when the orchards gave way to tract neighborhoods, so there is a deep supply of single level ranch homes on flat lots in places like Centerville, Glenmoor, Irvington and Cabrillo. North Fremont, including Ardenwood and Northgate, is newer and leans toward 1980s and 1990s two story homes, while Mission San Jose mixes classic ranch streets with larger custom homes up toward the hills. Warm Springs and the blocks around both BART stations have added a lot of townhomes and condominiums in the last decade, which gives longtime Fremont owners a real option to downsize without leaving the city they know.

The market has softened noticeably over the past year. In August 2026 the median sale price in Fremont was about $1.4 million, down a little over seven percent from a year earlier, with homes going into contract in a median of 19 days and still selling at roughly 101 percent of list price on average. Read together, those numbers tell me the well prepared, well priced homes are still drawing competition, while anything that misses on condition or pricing sits and gets negotiated down. Fremont also remains meaningfully less expensive than Sunnyvale, Santa Clara or Cupertino, which keeps a steady stream of buyers coming over from the South Bay.

If you bought your Fremont home when the NUMMI plant was still running and raised your family here, you are likely sitting on more equity than you ever expected, and the decision about what to do with it usually has more to do with taxes, timing and family than with whether the house will sell. That is the work I do every day with older adults and their families, and I am happy to talk it through with no expectation that you list anything. Book a call with me for a straight conversation, or read through my seller’s process if you want to see how I prepare a home for this market first.

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"I help Long-Time Bay Area Homeowners make their next move their best one yet." -Seb Frey, REALTOR®

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