94611 Housing Market
Median List Price
$1,095,000
Updated August 2026
Today, the 94611 ZIP code in Oakland, CA has 44 homes for sale at a median list price of $1,095,000, typically selling in about 60 days.
94611 Housing Market Overview
Buyers in the 94611 ZIP code are looking at a median list price of $1.1M. Compared with Oakland overall, that is a 76.6% premium. Since February, the median price has moved up about 2.4% to $1.4M as of July. The 94611 ZIP code has 44 active listings on the market right now. Pricing spreads from a $325,000 median for one bedroom homes to $2M for five bedroom homes.
94611 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.6 months of supply, and sale prices are up 26% over the last six months and 21% over the past year. At the same time, the typical home takes about 60 days to sell, 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
$1.09M
↑ 21% 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 Supply44 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 ~60 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 30% over the last six months.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 94611 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
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $418K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$697K)
Price Reductions
8 listings have reduced their price
18% of active listings
Average reduction: 6.9% (~$75K)
Browse 94611 Listings
Frequently Asked Questions about the 94611 Housing Market
What is the median home price in the 94611 ZIP code?
The median list price in the 94611 ZIP code is $1,095,000 as of August 2026, based on 44 active listings.
Is the 94611 ZIP code a buyer's market or a seller's market?
The 94611 ZIP code currently reads as a balanced market. Active inventory works out to about 1.6 months of supply at the recent sales pace.
How fast do homes sell in the 94611 ZIP code?
The average home currently for sale in the 94611 ZIP code has been on the market for 60 days.
Are home prices in the 94611 ZIP code going up or down?
The median sale price in the 94611 ZIP code is up about 20.7% compared with a year ago.
How many homes are for sale in the 94611 ZIP code?
There are 44 homes for sale in the 94611 ZIP code right now, including 12 listed within the last week.