Prescott, Oakland Housing Market · 2026

Data through Sep 2026

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

Prescott, Oakland Market Snapshot

Prescott favors sellers and competition is intensifying. Here's the picture:

Based on 9 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
$570K
▼ Down 1.5% from September 2025
Down $9K from September 2025
Homes Sold
9
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$3,933/mo
7.4% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$3,156
  • Property Tax$594
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
12 days
▼ 55 fewer days than in September 2025
Homes sell in a week or two
Sale-to-List Ratio
103.0%
▲ Up from 98.8% in September 2025
Selling at or near asking price
% Sold Over Asking
55%
More than half of homes sold above their asking price
Active Listings
14
▼ Down 46.6% from September 2025
About 4.6 months of supply. Plenty of options for buyers

Market Trends

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

Median Sale Price
Down 1.5% year-over-year in Prescott. Based on 9 sales in the last 3 months.
Homes Sold
50% fewer homes sold than a year ago in Prescott.
Total Monthly Payment
Estimated monthly cost is up 5% from a year ago in Prescott, 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 Prescott, Oakland

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

Prescott, Oakland favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

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

At $570K, Prescott, Oakland's median sits about 68% below the Bay Area average of $1.77M. Prescott, Oakland is among the most accessible parts of the Bay Area.

Within Oakland, this area trades about 26% below the city-wide median of $773K.

By home type:

  • Condos at $558K
  • Single-family homes at $690K
  • Townhomes at $750K
What price range should I budget for in Prescott, Oakland?

Prices in Prescott, Oakland depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Condos at $558K
  • Single-family homes at $690K
  • Townhomes at $750K

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 Prescott, Oakland for buyers?

Prescott, Oakland currently favors sellers:

  • Homes sell about 3% above asking on average
  • 55% close above list price
  • 12 days typical time to go pending
  • 26% 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 Prescott, Oakland home?

At $570K with 20% down at 7.4%, your estimated total monthly cost is approximately $3,933:

  • $3,156 principal and interest
  • $594 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.

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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