South Hills, Oakland Housing Market · 2026

Data through Jul 2026

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

South Hills, Oakland Market Snapshot

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

Based on 56 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$1.09M
Up 2.6% from July 2025
Up $27K from July 2025
Homes Sold
56
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$6,934/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$5,618
  • Property Tax$1,132
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
31 days
13 more days than in July 2025
Buyers have time to decide
Sale-to-List Ratio
106.3%
Up from 104.8% in July 2025
Selling 6% above asking
% Sold Over Asking
66%
66% of homes sold above their asking price
Active Listings
39
Down 34.6% from July 2025
About 2.1 months of supply. Moderate selection available

Market Trends

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

Median Sale Price
Up 2.6% year-over-year in South Hills. Based on 56 sales in the last 3 months.
Homes Sold
19% more homes sold than a year ago in South Hills.
Total Monthly Payment
Estimated monthly cost is up 2% from a year ago in South Hills, 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 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about South Hills, Oakland

Is now a good time to buy in South Hills, Oakland?

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

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

At $1.09M, South Hills, Oakland's median sits about 40% below the Bay Area average of $1.80M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that South Hills, Oakland is one of the more accessible corners of the Bay Area.

Within Oakland, this area trades about 28% above the city-wide median of $850K.

By home type:

  • Single-family homes at $1.23M
  • Condos at $510K
  • Townhomes at $820K
What price range should I budget for in South Hills, Oakland?

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

  • Single-family homes at $1.23M
  • Condos at $510K
  • Townhomes at $820K

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 South Hills, Oakland for buyers?

South Hills, Oakland currently favors sellers:

  • Homes sell about 6% above asking on average
  • 66% close above list price
  • 31 days typical time to go pending
  • 27% 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 South Hills, Oakland home?

At $1.09M with 20% down at 6.71%, your estimated total monthly cost is approximately $6,934:

  • $5,618 principal and interest
  • $1,132 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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