47 homes in 94608
Oakland, CA

About Oakland: The 94608 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 94608 area has 47 homes for sale with a median listing price of $589K. The average price per square foot is $585.
Topfind Market Read
The picture is mixed here. Supply sits at 3.1 months, roughly in step with demand, yet the typical home takes about 92 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$589K
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.1 months of supply
Balanced Supply47 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 ~92 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 24% 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 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 94608 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 $123K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$191K)
Price Reductions
11 listings have reduced their price
23% of active listings
Average reduction: 6.8% (~$40K)
Homes in the 94608 ZIP code carry a median list price of $588,888. Compared with Oakland overall, that is an 8.0% discount. The median price moved from $635,000 in February to $610,000 in July, a 3.9% decrease over six months. Right now 47 homes are on the market in the 94608 ZIP code.
Browse homes for sale in cities near Oakland
There are currently 47 homes for sale in 94608, ranging from $288,000 to $1,350,000. 8 of them hit the market within the last week.
The median list price in 94608 is $588,888. Price per square foot averages $585.
Homes in 94608 currently average 92 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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