Merriewood, Oakland Housing Market · 2026

Data through Mar 2026

Merriewood, Oakland Market Snapshot

Merriewood is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 14 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.43M
Up 5.9% from March 2025
Up $80K from March 2025
Homes Sold
14
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$8,926/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$7,253
  • Property Tax$1,490
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
17.5 days
1 more day than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
120.6%
Up from 112.2% in March 2025
Selling 21% above asking
% Sold Over Asking
79%
79% of homes sold above their asking price
Active Listings
7
Down 46.2% from March 2025
About 0.5 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Up 5.9% year-over-year in Merriewood. Based on 14 sales in the most recent month.
Homes Sold
100% more homes sold than a year ago in Merriewood.
Total Monthly Payment
Estimated monthly cost is up 3% from a year ago in Merriewood, 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 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Merriewood, Oakland

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

Merriewood, 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 Merriewood, Oakland home prices compare to the Bay Area average?

At $1.43M, Merriewood, Oakland's median sits about 24% below the Bay Area average of $1.88M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Merriewood, Oakland is one of the more accessible corners of the Bay Area.

Within Oakland, this area trades about 62% above the city-wide median of $883K.

How competitive is Merriewood, Oakland for buyers?

Merriewood, Oakland is one of the Bay Area's more competitive markets:

  • Homes sell about 21% above asking on average
  • 79% close above list price
  • 17.5 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 Merriewood, Oakland home?

At $1.43M with 20% down at 6.53%, your estimated total monthly cost is approximately $8,926:

  • $7,253 principal and interest
  • $1,490 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.”
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