43 homes in 94607
Homes for Sale in 94607
Oakland, CA
About 94607 Real Estate
About Oakland: The 94607 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 94607 area has 43 homes for sale with a median listing price of $495K. The average price per square foot is $475.
94607 Area Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 46% versus six months ago, yet the typical home takes about 63 days to sell, and supply sits at 5.4 months, roughly in step with demand, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$495K
↑ 17% 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
5.4 months of supply
Balanced Supply43 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 ~63 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 46% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 49% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 94607 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 $107K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$229K)
Price Reductions
11 listings have reduced their price
26% of active listings
Average reduction: 7.4% (~$37K)
94607 Housing Market Overview
The median list price in the 94607 ZIP code is $495,000. That runs roughly 22.7% lower than Oakland as a whole. Current inventory stands at 43 active listings. February to July saw the median price go from $434,500 to $475,000, up about 9.3%.
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Frequently Asked Questions about Homes for Sale in 94607, CA
How many homes are for sale in 94607, CA?
There are currently 43 homes for sale in 94607, ranging from $208,000 to $970,000. 4 of them hit the market within the last week.
What is the median home price in 94607?
The median list price in 94607 is $495,000. Price per square foot averages $475. Prices are up 16.5% compared to a year ago.
How fast do homes sell in 94607?
Homes in 94607 currently average 63 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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