15 homes in 94609
Oakland, CA

About Oakland: The 94609 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 94609 area has 15 homes for sale with a median listing price of $799K. The average price per square foot is $591.
Topfind Market Read
Sellers hold the edge right now. There is only 1.7 months of supply, and the typical home sells in about 28 days. At the same time, sale prices have eased 4% over the last six months and are 11% below a year ago, and 33% 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
$799K
↓ 11% 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
1.7 months of supply
Tight Supply15 active listings against the current sales pace works out to about 1.7 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 ~28 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 6% 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 94609 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 $135K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$510K)
Price Reductions
5 listings have reduced their price
33% of active listings
Average reduction: 43.6% (~$348K)
Browse homes for sale in cities near Oakland
There are currently 15 homes for sale in 94609, ranging from $399,000 to $1,495,000. 2 of them hit the market within the last week.
The median list price in 94609 is $799,000. Price per square foot averages $591. Prices are down 11.3% compared to a year ago.
Homes in 94609 currently average 28 days on the market, a brisk pace where attractive homes are gone within a month.
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