447 homes in Oakland

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.
Oakland is a vibrant East Bay city known for diversity, arts, and progressive culture. Stunning views of San Francisco across the bay with more affordable housing and excellent BART transit connections.
Today, Oakland has 447 homes for sale at a median price of $640,000, typically selling in about 50 days. Families here choose from 14 schools rated 8 or higher on the Topfind School Score.
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Topfind Market Read
Sellers hold the edge right now. Sale prices are up 22% over the last six months and 9% over the past year, and there is only 2.6 months of supply. At the same time, homes sell in about 50 days, and 26% 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
$640K
↑ 9% 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
2.6 months of supply
Tight Supply447 active listings against the current sales pace works out to about 2.6 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 ~50 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 31% 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 Oakland
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)
Affordability Snapshot
Typical home cost
$4,380/mo
Actual housing expense
Affordable budget (28%)
$2,272/mo
Based on median income
Median household income
$8,114/mo
Oakland
A typical home costs about 54% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$188K/year
Assumes housing costs ≤28% of income
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $239K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$345K)
Price Reductions
117 listings have reduced their price
26% of active listings
Average reduction: 10.2% (~$65K)
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