28 homes in 94601
Oakland, CA

About Oakland: The 94601 ZIP code is in Oakland, CA. 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.
Today, the 94601 area has 28 homes for sale with a median listing price of $540K. The average price per square foot is $472.
Topfind Market Read
The picture is mixed here. Sale prices are up 12% over the last six months and 13% over the past year, yet the typical home takes about 72 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$540K
↑ 13% 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
2.8 months of supply
Tight Supply28 active listings against the current sales pace works out to about 2.8 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 ~72 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The slowdown has deepened 7% versus six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 94601 Area
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)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $14K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$169K)
Price Reductions
6 listings have reduced their price
21% of active listings
Average reduction: 8.4% (~$45K)
The 94601 ZIP code currently shows a median list price of $540,000. That is about 15.6% below the Oakland median. There are 28 homes currently listed for sale in the 94601 ZIP code. Over the last six months, the median price has eased about 9.0%, from $555,000 in February to $505,000 in July.
Browse homes for sale in cities near Oakland
There are currently 28 homes for sale in 94601, ranging from $338,000 to $1,199,999. 3 of them hit the market within the last week.
The median list price in 94601 is $540,000. Price per square foot averages $472. Prices are up 12.6% compared to a year ago.
Homes in 94601 currently average 72 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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