57 homes in 94605
Homes for Sale in 94605
Oakland, CA
About 94605 Real Estate
About Oakland: The 94605 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 94605 area has 57 homes for sale with a median listing price of $649K. The average price per square foot is $482.
94605 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 9% over the last six months and 2% over the past year, and there is only 2.9 months of supply. At the same time, 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
$649K
↑ 2% 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
2.9 months of supply
Tight Supply57 active listings against the current sales pace works out to about 2.9 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 ~37 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 41% 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 94605 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 $116K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$396K)
Price Reductions
15 listings have reduced their price
26% of active listings
Average reduction: 8.4% (~$55K)
Explore Nearby Cities
Browse homes for sale in cities near Oakland
Frequently Asked Questions about Homes for Sale in 94605, CA
How many homes are for sale in 94605, CA?
There are currently 57 homes for sale in 94605, ranging from $299,000 to $2,488,000. 10 of them hit the market within the last week.
What is the median home price in 94605?
The median list price in 94605 is $649,000. Price per square foot averages $482. Prices are up 2.1% compared to a year ago.
How fast do homes sell in 94605?
Homes in 94605 currently average 37 days on the market, a steady pace.
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