ZIP 94606, Oakland Housing Market · 2026

Data through Mar 2026 · Part of the Oakland housing market

ZIP 94606, Oakland Market Snapshot

ZIP 94606 is shifting toward buyers. Here's where things stand:

Based on 20 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
$713K
Up 4.4% from March 2025
Up $30K from March 2025
Homes Sold
20
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$4,540/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$3,614
  • Property Tax$742
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
36 days
· Same as March 2025
Buyers have time to decide
Sale-to-List Ratio
100.0%
Down from 104.0% in March 2025
Selling at or near asking price
% Sold Over Asking
35%
35% of homes sold above asking, some competition
Active Listings
46
Down 24.6% from March 2025
About 2.3 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94606, Oakland.

Median Sale Price
Up 4.4% year-over-year in 94606, Oakland. Based on 20 sales in the most recent month.
Homes Sold
9% fewer homes sold than a year ago in 94606, Oakland.
Total Monthly Payment
Estimated monthly cost is up 2% from a year ago in 94606, 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 94606

Is now a good time to buy in ZIP 94606?

ZIP 94606 currently leans toward buyers. Homes are sitting longer and sellers are more open to negotiation. It is a good time to take your time, request contingencies, and consider offering below asking.

How do ZIP 94606 home prices compare to the Bay Area average?

At $713K, ZIP 94606's median sits about 62% below the Bay Area average of $1.88M. ZIP 94606 is among the most accessible parts of the Bay Area.

Within Oakland, this area trades about 19% below the city-wide median of $883K.

By home type:

  • Single-family homes at $730K
  • Condos at $763K
  • Townhomes at $598K
What price range should I budget for in ZIP 94606?

Prices in ZIP 94606 depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $730K
  • Condos at $763K
  • Townhomes at $598K

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 94606 for buyers?

ZIP 94606 currently leans toward buyers:

  • Homes sell about 0.0% below asking on average
  • 35% close above list price
  • 36 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 ZIP 94606 home?

At $713K with 20% down at 6.53%, your estimated total monthly cost is approximately $4,540:

  • $3,614 principal and interest
  • $742 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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