ZIP 94603, Oakland Housing Market · 2026

Data through Mar 2026 · Part of the Oakland housing market

ZIP 94603, Oakland Market Snapshot

ZIP 94603 is a balanced market, but competition has been picking up. Here's where things stand:

Based on 36 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$530K
Up 6.0% from March 2025
Up $30K from March 2025
Homes Sold
36
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$3,424/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$2,688
  • Property Tax$552
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
25 days
4 fewer days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
101.2%
Up from 99.7% in March 2025
Selling at or near asking price
% Sold Over Asking
53%
More than half of homes sold above their asking price
Active Listings
40
Down 39.4% from March 2025
About 1.1 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94603, Oakland.

Median Sale Price
Up 6.0% year-over-year in 94603, Oakland. Based on 36 sales in the most recent month.
Homes Sold
16% more homes sold than a year ago in 94603, Oakland.
Total Monthly Payment
Estimated monthly cost is up 3% from a year ago in 94603, 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 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about ZIP 94603

Is now a good time to buy in ZIP 94603?

ZIP 94603 is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.

How do ZIP 94603 home prices compare to the Bay Area average?

At $530K, ZIP 94603's median sits about 72% below the Bay Area average of $1.88M. ZIP 94603 is among the most accessible parts of the Bay Area.

Within Oakland, this area trades about 40% below the city-wide median of $883K.

By home type:

  • Single-family homes at $545K
  • Condos at $450K
  • Townhomes at $350K
What price range should I budget for in ZIP 94603?

Prices in ZIP 94603 depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $545K
  • Condos at $450K
  • Townhomes at $350K

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 94603 for buyers?

ZIP 94603 is a balanced market where neither side dominates:

  • Homes sell about 1% above asking on average
  • 53% close above list price
  • 25 days typical time to go pending

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced ZIP 94603 home?

At $530K with 20% down at 6.53%, your estimated total monthly cost is approximately $3,424:

  • $2,688 principal and interest
  • $552 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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