ZIP 94601, Oakland Housing Market · 2026

Data through Jul 2026 · Part of the Oakland housing market

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

ZIP 94601, Oakland Market Snapshot

ZIP 94601 favors sellers and competition is intensifying. Here's the picture:

Based on 48 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
$580K
Up 0.1% from July 2025
Up $869 from July 2025
Homes Sold
48
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$3,784/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$2,997
  • Property Tax$604
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
46 days
13 more days than in July 2025
Buyers have time to decide
Sale-to-List Ratio
105.6%
Up from 103.5% in July 2025
Selling 6% above asking
% Sold Over Asking
53%
More than half of homes sold above their asking price
Active Listings
44
Down 51.7% from July 2025
About 2.8 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94601, Oakland.

Median Sale Price
Up 0.1% year-over-year in 94601, Oakland. Based on 48 sales in the last 3 months.
Homes Sold
7% more homes sold than a year ago in 94601, Oakland.
Total Monthly Payment
Estimated monthly cost is roughly flat compared to a year ago in 94601, Oakland.

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 ZIP 94601

Is now a good time to buy in ZIP 94601?

ZIP 94601 favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

How do ZIP 94601 home prices compare to the Bay Area average?

At $580K, ZIP 94601's median sits about 68% below the Bay Area average of $1.80M. ZIP 94601 is among the most accessible parts of the Bay Area.

Within Oakland, this area trades about 32% below the city-wide median of $850K.

By home type:

  • Single-family homes at $600K
  • Condos at $465K
What price range should I budget for in ZIP 94601?

Prices in ZIP 94601 depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $600K
  • Condos at $465K

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 ZIP 94601 for buyers?

ZIP 94601 currently favors sellers:

  • Homes sell about 6% above asking on average
  • 53% close above list price
  • 46 days typical time to go pending
  • 33% 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 ZIP 94601 home?

At $580K with 20% down at 6.71%, your estimated total monthly cost is approximately $3,784:

  • $2,997 principal and interest
  • $604 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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