Las Palmas, Oakland Housing Market · 2026
Data through Sep 2026
Las Palmas, Oakland Market Snapshot
Las Palmas is a balanced market and tilting gently toward buyers. A good environment for thoughtful decisions on both sides:
- 28 days on market gives buyers time to be selective and negotiate
- Selling at or near list price. Fair offers are competitive here
- Loan payment: $3,296/mo P&I (7.32%, 20% down) · Est. total ~$4,105/mo with tax + insurance, well below the Bay Area average.
- Las Palmas pricing is 22% below the Oakland median ($600K vs. $773K)
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
- Principal & Interest$3,296
- Property Tax$625
- Insurance$183
Market Trends
See how prices, monthly costs, and mortgage rates have moved in Las Palmas.
Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.
Frequently asked questions about Las Palmas, Oakland
- Is now a good time to buy in Las Palmas, Oakland?
Las Palmas, Oakland is a balanced market that is tilting gently toward buyers. Both sides have reasonable leverage, contingencies are more common, and there is time to make thoughtful decisions.
- How do Las Palmas, Oakland home prices compare to the Bay Area average?
At $600K, Las Palmas, Oakland's median sits about 66% below the Bay Area average of $1.77M. Las Palmas, Oakland is among the most accessible parts of the Bay Area.
Within Oakland, this area trades about 22% below the city-wide median of $773K.
- How competitive is Las Palmas, Oakland for buyers?
Las Palmas, Oakland is a balanced market where neither side dominates:
- Homes sell about 0.3% above asking on average
- 57% close above list price
- 28 days typical time to go pending
Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.
- What will my total monthly cost be on a median-priced Las Palmas, Oakland home?
At $600K with 20% down at 7.32%, your estimated total monthly cost is approximately $4,105:
- $3,296 principal and interest
- $625 property tax (California 1.25% effective rate)
- $183 homeowners insurance
HOA fees are extra.
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