94602 Housing Market
Median List Price
$769,000
Updated August 2026
Today, the 94602 ZIP code in Oakland, CA has 29 homes for sale at a median list price of $769,000, typically selling in about 23 days.
94602 Housing Market Overview
Buyers in the 94602 ZIP code are looking at a median list price of $769,000. That is about 23.0% above the Oakland median. Since February, the median price has moved up about 4.7% to $1.1M as of July. The 94602 ZIP code has 29 active listings on the market right now. Pricing spreads from a $689,000 median for two bedroom homes to $987,475 for four bedroom homes.
94602 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.5 months of supply, and the typical home sells in about 23 days. Sellers can price with confidence, while buyers should arrive pre-approved and ready to decide quickly.
Median Home Price
$769K
↑ 3% 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
1.5 months of supply
Tight Supply29 active listings against the current sales pace works out to about 1.5 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 ~23 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 42% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 94602 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 $87K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$180K)
Price Reductions
5 listings have reduced their price
17% of active listings
Average reduction: 8.0% (~$62K)
Browse 94602 Listings
Frequently Asked Questions about the 94602 Housing Market
What is the median home price in the 94602 ZIP code?
The median list price in the 94602 ZIP code is $769,000 as of August 2026, based on 29 active listings.
Is the 94602 ZIP code a buyer's market or a seller's market?
The 94602 ZIP code currently reads as a seller's market. Active inventory works out to about 1.5 months of supply at the recent sales pace.
How fast do homes sell in the 94602 ZIP code?
The average home currently for sale in the 94602 ZIP code has been on the market for 23 days.
Are home prices in the 94602 ZIP code going up or down?
The median sale price in the 94602 ZIP code is up about 3.4% compared with a year ago.
How many homes are for sale in the 94602 ZIP code?
There are 29 homes for sale in the 94602 ZIP code right now, including 8 listed within the last week.