West Oakland, Oakland Housing Market · 2026

Data through May 2026

West Oakland, Oakland Market Snapshot

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

Based on 47 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
$700K
Up 16.4% from May 2025
Up $99K from May 2025
Homes Sold
47
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$4,448/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$3,536
  • Property Tax$729
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
33 days
10 fewer days than in May 2025
Buyers have time to decide
Sale-to-List Ratio
103.5%
Up from 98.3% in May 2025
Selling 4% above asking
% Sold Over Asking
72%
72% of homes sold above their asking price
Active Listings
74
Down 19.6% from May 2025
About 1.6 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Up 16.4% year-over-year in West Oakland. Based on 47 sales in the most recent month.
Homes Sold
31% more homes sold than a year ago in West Oakland.
Total Monthly Payment
Estimated monthly cost is up 12% from a year ago in West Oakland, 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 West Oakland, Oakland

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

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

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

At $700K, West Oakland, Oakland's median sits about 62% below the Bay Area average of $1.85M. West Oakland, Oakland is among the most accessible parts of the Bay Area.

Within Oakland, this area trades about 25% below the city-wide median of $928K.

By home type:

  • Single-family homes at $720K
  • Condos at $499K
  • Townhomes at $730K
What price range should I budget for in West Oakland, Oakland?

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

  • Single-family homes at $720K
  • Condos at $499K
  • Townhomes at $730K

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 West Oakland, Oakland for buyers?

West Oakland, Oakland currently favors sellers:

  • Homes sell about 4% above asking on average
  • 72% close above list price
  • 33 days typical time to go pending

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 West Oakland, Oakland home?

At $700K with 20% down at 6.49%, your estimated total monthly cost is approximately $4,448:

  • $3,536 principal and interest
  • $729 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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