Crestmont, Oakland Housing Market · 2026
Data through Sep 2026
Crestmont, Oakland Market Snapshot
Crestmont is still one of the most competitive markets in the Bay Area, but competition is starting to ease. Here's the picture:
- 24 days on market gives buyers time to be selective and negotiate
- Selling 17% above asking. Budget above list price to compete
- Loan payment: $6,593/mo P&I (7.32%, 20% down) · Est. total ~$8,026/mo with tax + insurance, well below the Bay Area average.
- Bidding wars persist (80% sell above list) but inventory is growing, so competition may ease soon
- Crestmont pricing is 55% above the Oakland median ($1.20M vs. $773K)
Based on 5 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$6,593
- Property Tax$1,250
- Insurance$183
Market Trends
See how prices, monthly costs, and mortgage rates have moved in Crestmont.
Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.
Frequently asked questions about Crestmont, Oakland
- Is now a good time to buy in Crestmont, Oakland?
Crestmont, Oakland is still a highly competitive market, but conditions are starting to ease. Buyers should move quickly on well-priced homes and expect to offer above asking, though the most intense bidding wars may be tapering.
- How do Crestmont, Oakland home prices compare to the Bay Area average?
At $1.20M, Crestmont, Oakland's median sits about 32% below the Bay Area average of $1.77M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Crestmont, Oakland is one of the more accessible corners of the Bay Area.
Within Oakland, this area trades about 55% above the city-wide median of $773K.
By home type:
- Single-family homes at $1.42M
- Townhomes at $859K
- What price range should I budget for in Crestmont, Oakland?
Prices in Crestmont, Oakland depend heavily on home type and specific neighborhood. Median sale prices by type:
- Single-family homes at $1.42M
- Townhomes at $859K
Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.
- How competitive is Crestmont, Oakland for buyers?
Crestmont, Oakland is one of the Bay Area's more competitive markets:
- Homes sell about 17% above asking on average
- 80% close above list price
- 24 days typical time to go pending
- 25% of listings have had a price reduction
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 Crestmont, Oakland home?
At $1.20M with 20% down at 7.32%, your estimated total monthly cost is approximately $8,026:
- $6,593 principal and interest
- $1,250 property tax (California 1.25% effective rate)
- $183 homeowners insurance
HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.
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