94609 Housing Market
Median List Price
$799,000
Updated August 2026
Today, the 94609 ZIP code in Oakland, CA has 14 homes for sale at a median list price of $799,000, typically selling in about 30 days.
94609 Housing Market Overview
The 94609 ZIP code currently shows a median list price of $799,000. Compared with Oakland overall, that is a 27.8% premium. There are 14 homes currently listed for sale in the 94609 ZIP code.
One bedroom homes are the most affordable tier at a median of $475,000, while four bedroom homes top the range at $1.4M. Over the last six months, the median price has eased about 6.1%, from $1.1M in February to $1M in July.
94609 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.6 months of supply, and the typical home sells in about 30 days. At the same time, 36% of sellers have trimmed their asking price, and sale prices have eased 4% over the last six months and are 11% below a year ago, 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
1.6 months of supply
Tight Supply14 active listings against the current sales pace works out to about 1.6 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 ~30 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 $149K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$584K)
Price Reductions
5 listings have reduced their price
36% of active listings
Average reduction: 43.6% (~$348K)
Browse 94609 Listings
Frequently Asked Questions about the 94609 Housing Market
What is the median home price in the 94609 ZIP code?
The median list price in the 94609 ZIP code is $799,000 as of August 2026, based on 14 active listings.
Is the 94609 ZIP code a buyer's market or a seller's market?
The 94609 ZIP code currently reads as a seller's market. Active inventory works out to about 1.6 months of supply at the recent sales pace.
How fast do homes sell in the 94609 ZIP code?
The average home currently for sale in the 94609 ZIP code has been on the market for 30 days.
Are home prices in the 94609 ZIP code going up or down?
The median sale price in the 94609 ZIP code is down about 11.3% compared with a year ago.
How many homes are for sale in the 94609 ZIP code?
There are 14 homes for sale in the 94609 ZIP code right now, including 2 listed within the last week.