Produce & Waterfront, Oakland Housing Market · 2026

Data through May 2026

Produce & Waterfront, Oakland Market Snapshot

Produce & Waterfront leans toward buyers, though competition has been picking up recently. Here's where things stand:

Based on 12 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$413K
Down 35.0% from May 2025
Down $223K from May 2025
Homes Sold
12
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$2,697/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$2,084
  • Property Tax$430
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
40.5 days
6 fewer days than in May 2025
Buyers have time to decide
Sale-to-List Ratio
99.2%
Down from 99.3% in May 2025
Selling 1% below asking
% Sold Over Asking
33%
33% of homes sold above asking, some competition
Active Listings
16
Down 51.5% from May 2025
About 1.3 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Produce & Waterfront.

Median Sale Price
Down 35.0% year-over-year in Produce & Waterfront. Based on 12 sales in the most recent month.
Homes Sold
20% fewer homes sold than a year ago in Produce & Waterfront.
Total Monthly Payment
Estimated monthly cost is down 35% from a year ago in Produce & Waterfront, 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 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Produce & Waterfront, Oakland

Is now a good time to buy in Produce & Waterfront, Oakland?

Produce & Waterfront, Oakland leans toward buyers, though competition has been picking up recently. Buyers still have leverage to negotiate, but the window may be narrowing.

How do Produce & Waterfront, Oakland home prices compare to the Bay Area average?

At $413K, Produce & Waterfront, Oakland's median sits about 78% below the Bay Area average of $1.85M. Produce & Waterfront, Oakland is among the most accessible parts of the Bay Area.

Within Oakland, this area trades about 56% below the city-wide median of $928K.

How competitive is Produce & Waterfront, Oakland for buyers?

Produce & Waterfront, Oakland currently leans toward buyers:

  • Homes sell about 0.8% below asking on average
  • 33% close above list price
  • 40.5 days typical time to go pending

Buyer strategy: a well-structured offer near or below list price has a good chance of success.

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

At $413K with 20% down at 6.49%, your estimated total monthly cost is approximately $2,697:

  • $2,084 principal and interest
  • $430 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.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?