94603 Housing Market
Median List Price
$549,000
Updated August 2026
Today, the 94603 ZIP code in Oakland, CA has 29 homes for sale at a median list price of $549,000, typically selling in about 51 days.
94603 Housing Market Overview
The median list price in the 94603 ZIP code is $549,000. That is about 12.2% 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%.
94603 Area Market Pulse
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)
Browse 94603 Listings
Frequently Asked Questions about the 94603 Housing Market
What is the median home price in the 94603 ZIP code?
The median list price in the 94603 ZIP code is $549,000 as of August 2026, based on 29 active listings.
Is the 94603 ZIP code a buyer's market or a seller's market?
The 94603 ZIP code currently reads as a balanced market. Active inventory works out to about 4.8 months of supply at the recent sales pace.
How fast do homes sell in the 94603 ZIP code?
The average home currently for sale in the 94603 ZIP code has been on the market for 51 days.
Are home prices in the 94603 ZIP code going up or down?
The median sale price in the 94603 ZIP code is roughly flat compared with a year ago.
How many homes are for sale in the 94603 ZIP code?
There are 29 homes for sale in the 94603 ZIP code right now, including 4 listed within the last week.