28 homes in 94603
Oakland, CA

About Oakland: The 94603 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 94603 area has 28 homes for sale with a median listing price of $549K. The average price per square foot is $459.
Topfind Market Read
Buyers hold the edge right now. Sale prices have eased 4% over the last six months, and selling times have slowed 35% versus six months ago. At the same time, 59% of current listings are under 30 days old, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$549K
↑ 0% 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
4.8 months of supply
Balanced Supply29 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. 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 slowdown has deepened 35% versus six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 59% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 94603 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 $68K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 5 → 6 bedrooms (+$126K)
Price Reductions
9 listings have reduced their price
31% of active listings
Average reduction: 5.7% (~$31K)
The median list price in the 94603 ZIP code is $549,000. That is about 14.1% below the Oakland median. Current inventory stands at 29 active listings.
Expect a median around $455,000 for two bedroom homes and $725,000 at the six bedroom end. February to July saw the median price go from $550,000 to $500,000, down about 9.1%.
Browse homes for sale in cities near Oakland
There are currently 28 homes for sale in 94603, ranging from $295,000 to $750,000. 2 of them hit the market within the last week.
The median list price in 94603 is $549,000. Price per square foot averages $459. Prices are up 0.3% compared to a year ago.
Homes in 94603 currently average 53 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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