432 homes in Oakland
Homes for Sale in Oakland, CA
About Oakland, CA Real Estate
Oakland is a city in the East Bay region of the San Francisco Bay Area in the U.S. state of California. It is the county seat of and the most populous city in Alameda County, California, with a population of 440,646 in 2020. A major West Coast port, Oakland is the most populous city in the East Bay, the third most populous city in the Bay Area, and the eighth most populous city in California. It serves as the Bay Area's trade center: the Port of Oakland is the busiest port in Northern California, and the fifth- or sixth-busiest in the United States. A charter city, Oakland was incorporated on May 4, 1852, in the wake of the state's increasing population due to the California gold rush.
Oakland is a vibrant East Bay city known for diversity, arts, and progressive culture. Stunning views of San Francisco across the bay with more affordable housing and excellent BART transit connections.
Today, Oakland has 433 homes for sale at a median price of $640,000, typically selling in about 51 days. Families here choose from 14 schools rated 8 or higher on the Topfind School Score.
Oakland Market Analysis
Homes in Oakland carry a median list price of $640,000. Per square foot, the median stands at $505. The median price moved from $750,000 in February to $800,000 in July, a 6.7% increase over six months.
The typical listing reaches pending status in about 15 days. That is a quick turnaround, so buyers who wait on a well priced home often miss it. Right now 433 homes are on the market in Oakland. 192 new listings came on the market in the last 30 days.
Five bedroom homes carry the highest medians at $1.1M, with one bedroom homes starting the range at $377,000. Single family homes make up about 66.7% of current inventory, with condos accounting for another 29.8%. Among nearby schools, Chabot Elementary stands out with a Topfind School Score of 10. The area spans 14 ZIP codes, including 94605, 94607, and 94611.
Top Rated Schools in Oakland
Powered by the Topfind School Score
- 10Chabot Elementaryelementary
- 10Crocker Highlands Elementaryelementary
- 10Peralta Elementaryelementary
- 10Redwood Heights Elementaryelementary
- 9Claremont Middleintermediate/middle/junior high
- 9Cleveland Elementaryelementary
Why Live in Oakland?
- More affordable than San Francisco with BART access
- Thriving arts, music, and food scene
- Beautiful Lake Merritt and Redwood Regional Park
- Diverse neighborhoods with distinct personalities
Popular Neighborhoods in Oakland
Oakland Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 22% over the last six months and 9% over the past year, and there is only 2.6 months of supply. At the same time, homes sell in about 51 days, and 26% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$640K
↑ 9% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.6 months of supply
Tight Supply433 active listings against the current sales pace works out to about 2.6 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~51 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 31% over the last six months.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Oakland
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
42%
Homeowners
58%
Renters
Homeownership is 13.5 points lower than the California average (55.5%)
173,179 households (2023)
Affordability Snapshot
Typical home cost
$4,380/mo
Actual housing expense
Affordable budget (28%)
$2,272/mo
Based on median income
Median household income
$8,114/mo
Oakland
A typical home costs about 54% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$188K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $266K in value on average.
Largest increase: 3 → 4 bedrooms (+$343K)
Price Reductions
112 listings have reduced their price
26% of active listings
Average reduction: 10.5% (~$67K)
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Frequently Asked Questions about Homes for Sale in Oakland, CA
How many homes are for sale in Oakland, CA?
There are currently 432 homes for sale in Oakland, ranging from $249,000 to $5,299,000. 66 of them hit the market within the last week.
What is the median home price in Oakland?
The median list price in Oakland is $640,000. Price per square foot averages $526. Prices are up 9.0% compared to a year ago.
How fast do homes sell in Oakland?
Homes in Oakland currently average 51 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
Is Oakland a buyer's or seller's market right now?
Current conditions point to a seller's market. 112 active listings have reduced their asking price, which signals where sellers are willing to negotiate.
How are the schools in Oakland?
Oakland has 14 schools rated 8 or higher on the Topfind School Score, which grades every California school on academics, growth, and environment.
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