Castlemont, Oakland Housing Market · 2026
Data through Sep 2026
Castlemont, Oakland Market Snapshot
Castlemont is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:
- 26 days on market gives buyers time to be selective and negotiate
- Selling 5% above asking. Budget above list price to compete
- Loan payment: $2,967/mo P&I (7.32%, 20% down) · Est. total ~$3,712/mo with tax + insurance, well below the Bay Area average.
- Castlemont pricing is 30% below the Oakland median ($540K vs. $773K)
Based on 6 homes sold in the 3 months ending September 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.
Data through September 2026
- Principal & Interest$2,967
- Property Tax$562
- Insurance$183
Market Trends
See how prices, monthly costs, and mortgage rates have moved in Castlemont.
Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.
Frequently asked questions about Castlemont, Oakland
- Is now a good time to buy in Castlemont, Oakland?
Castlemont, Oakland is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.
- How do Castlemont, Oakland home prices compare to the Bay Area average?
At $540K, Castlemont, Oakland's median sits about 69% below the Bay Area average of $1.77M. Castlemont, Oakland is among the most accessible parts of the Bay Area.
Within Oakland, this area trades about 30% below the city-wide median of $773K.
- How competitive is Castlemont, Oakland for buyers?
Castlemont, Oakland is one of the Bay Area's more competitive markets:
- Homes sell about 5% above asking on average
- 83% close above list price
- 26 days typical time to go pending
Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.
- What will my total monthly cost be on a median-priced Castlemont, Oakland home?
At $540K with 20% down at 7.32%, your estimated total monthly cost is approximately $3,712:
- $2,967 principal and interest
- $562 property tax (California 1.25% effective rate)
- $183 homeowners insurance
HOA fees are extra.
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