ZIP 94609, Oakland Housing Market

ZIP 94609, Oakland Market Snapshot

ZIP 94609 favors sellers and competition is intensifying. Here's the picture:

Based on 25 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.10M
Down 4.3% from March 2025
Down $50K from March 2025
Homes Sold
25
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$6,776/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$5,447
  • Property Tax$1,146
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
22 days
6 more days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
116.2%
Up from 107.0% in March 2025
Selling 16% above asking
% Sold Over Asking
68%
68% of homes sold above their asking price
Active Listings
29
Down 9.4% from March 2025
About 1.2 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94609, Oakland.

Median Sale Price
Down 4.3% year-over-year in 94609, Oakland. Based on 25 sales in the most recent month.
Homes Sold
32% fewer homes sold than a year ago in 94609, Oakland.
Total Monthly Payment
Estimated monthly cost is down 6% from a year ago in 94609, Oakland, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.3%. Your actual rate depends on your credit, down payment, and loan type.
Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?