94606 Housing Market
Median List Price
$604,900
Updated August 2026
Today, the 94606 ZIP code in Oakland, CA has 35 homes for sale at a median list price of $604,900, typically selling in about 32 days.
94606 Housing Market Overview
Buyers in the 94606 ZIP code are looking at a median list price of $604,900. That is about 2.4% below the Oakland median. Since February, the median price has moved down about 56.0% to $365,000 as of July. The 94606 ZIP code has 35 active listings on the market right now. Pricing spreads from a $330,650 median for one bedroom homes to $982,500 for four bedroom homes.
94606 Area Market Pulse
Topfind Market Read
The picture is mixed here. 71% of current listings are under 30 days old, yet sale prices have eased 23% over the last six months, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$605K
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.4 months of supply
Balanced Supply35 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 ~32 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 28% 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 94606 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 rise significantly with each additional bedroom.
Each additional bedroom adds about $217K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$348K)
Price Reductions
8 listings have reduced their price
23% of active listings
Average reduction: 8.3% (~$50K)
Browse 94606 Listings
Frequently Asked Questions about the 94606 Housing Market
What is the median home price in the 94606 ZIP code?
The median list price in the 94606 ZIP code is $604,900 as of August 2026, based on 35 active listings.
Is the 94606 ZIP code a buyer's market or a seller's market?
The 94606 ZIP code currently reads as a balanced market. Active inventory works out to about 4.4 months of supply at the recent sales pace.
How fast do homes sell in the 94606 ZIP code?
The average home currently for sale in the 94606 ZIP code has been on the market for 32 days.
How many homes are for sale in the 94606 ZIP code?
There are 35 homes for sale in the 94606 ZIP code right now, including 4 listed within the last week.