Brokers — List your Company Here
Featured local agent — Oakland, CA
Sarah Mitchell
Compass Real Estate · Oakland, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Oakland, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$927,500median sale price
How is the Oakland, CA housing market right now?
The median home sale price in Oakland, CA is $927,500, up 8.8% year-over-year. Homes sell in an average of 20 days with 691 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Oakland a buyer's or seller's market?
Oakland, CA is currently a strong seller's market, based on 2.7 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
252
Last 12 weeks
Days on market
20
Fast-moving
Active listings
691
2.7 months supply
Sale-to-list
113.7%
Above asking
What does the Oakland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $927,500 |
| Median list price | $815,000 |
| Year-over-year price change | +8.8% |
| Average days on market | 20 days |
| Active inventory | 691 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 113.7% |
| Median price per sq ft | $577/sq ft |
| Homes sold (latest month) | 252 |
| New listings (latest month) | 363 |
| Listings with a price cut | 21.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oakland by property type?
How the Oakland, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.12M | $627/sq ft | 173 | 14 days |
| Condo / Co-op | $498,000 | $480/sq ft | 41 | 32 days |
| Townhouse | $950,000 | $570/sq ft | 6 | 26 days |
Source: Redfin · Updated monthly
The Oakland housing market is currently classified as a strong seller's market with a median sale price of $927,500. Prices have risen 8.8% compared to last year, with homes spending an average of 20 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.4x provides context for how home values compare to local earning capacity.
Homes for sale in Oakland
There are currently 691 homes listed for sale in Oakland, California. The median listing price is $815K.
Active listings
691
Homes on market
Median list price
$815K
Avg. days on market
20
Days until sale
New this week
363
Newly listed
Who lives in Oakland?
Population
438,072
Median income
$97,369/yr
Median age
37.6 years
Owner-occupied
41.7%
College grads
47.9%
Avg commute
30.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Oakland?
Zillow home value
$721,966
Zillow rent index
$2,614/mo
Price-to-rent ratio
23.0x
Price-to-income
7.4x
Source: Zillow Research
What is it like to live in Oakland?
Oakland is a community of approximately 438K residents with a median age of 37.6 years.The median household income is $97,369, which reflects a relatively affluent area with strong earning potential. 47.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 41.7%, showing a blend of owner and renter-occupied properties. The average commute time is 30.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Oakland offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Oakland?
50 schools tracked · 31,017 students
The largest public schools serving Oakland, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Oakland Technical High
Grades 9-12 · 1,813 students
Oakland High
Grades 9-12 · 1,525 students
Skyline High
Grades 9-12 · 1,432 students
Fremont High
Grades 9-12 · 1,186 students
Yu Ming Charter
Grades K-8 · 865 students
Edna Brewer Middle
Grades 6-8 · 791 students
Coliseum College Prep Academy
Grades 6-12 · 780 students
Oakland School for the Arts
Grades 6-12 · 780 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Oakland, CA?
Want a head-to-head view? Compare Oakland side-by-side with any other U.S. city using our market-comparison tool.
Is Oakland a good real estate investment market?
For investors evaluating Oakland, the price-to-rent ratio of 23.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Oakland's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Oakland's median home price.
Frequently asked questions
What is the average home price in Oakland?
The median home sale price in Oakland is $927,500, up 8.8% from last year.
How long do homes stay on market in Oakland?
Homes typically spend 20 days on market before going under contract.
What is the median income in Oakland?
The median household income is $97,369 per year.
Is Oakland a buyer's or seller's market?
With 2.7 months of supply, Oakland is currently a strong seller's market.
What is the Zillow home value estimate for Oakland?
The Zillow Home Value Index (ZHVI) for Oakland is $721,966, representing the typical home value in the area.
What is the median condo price in Oakland?
The median condo/co-op sale price in Oakland, CA is $498,000, compared to $1.12M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Oakland?
The median single-family home price in Oakland, CA is $1.12M (about $627 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Oakland, CA
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Oakland market alerts
Weekly updates on prices, inventory, and trends. Free forever.