Fairfax, Oakland Housing Market · 2026

Data through Sep 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Fairfax, Oakland Market Snapshot

Fairfax still favors sellers, but the market is cooling. Here's where things stand:

Based on 7 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

SalesWhat are homes selling for?
Median Sale Price
$636K
▼ Down 14.1% from September 2025
Down $104K from September 2025
Homes Sold
7
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$4,367/mo
7.4% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$3,522
  • Property Tax$662
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
27 days
▲ 14 more days than in September 2025
Homes typically sell within a month
Sale-to-List Ratio
109.3%
▼ Down from 112.2% in September 2025
Selling 9% above asking
% Sold Over Asking
57%
More than half of homes sold above their asking price
Active Listings
4
▲ Up 42.3% from September 2025
About 1.8 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Fairfax.

Median Sale Price
Down 14.1% year-over-year in Fairfax. Based on 7 sales in the last 3 months.
Homes Sold
Total Monthly Payment
Estimated monthly cost is down 8% from a year ago in Fairfax, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 7.4%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Fairfax, Oakland

Is now a good time to buy in Fairfax, Oakland?

Fairfax, Oakland still favors sellers, but conditions are slowly improving for buyers. Well-priced homes move fast, and there is slightly more room to negotiate than there was a year ago.

How do Fairfax, Oakland home prices compare to the Bay Area average?

At $636K, Fairfax, Oakland's median sits about 64% below the Bay Area average of $1.77M. Fairfax, Oakland is among the most accessible parts of the Bay Area.

Within Oakland, this area trades about 18% below the city-wide median of $773K.

How competitive is Fairfax, Oakland for buyers?

Fairfax, Oakland currently favors sellers:

  • Homes sell about 9% above asking on average
  • 57% close above list price
  • 27 days typical time to go pending
  • 41% of listings have had a price reduction

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

What will my total monthly cost be on a median-priced Fairfax, Oakland home?

At $636K with 20% down at 7.4%, your estimated total monthly cost is approximately $4,367:

  • $3,522 principal and interest
  • $662 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
See all reviews on Zillow →

Let's Chat!

I read every message and usually reply the same day.

What brings you here?