ZIP 94612, 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 94612, Oakland Market Snapshot

ZIP 94612 leans toward buyers, though competition has been picking up recently. Here's where things stand:

Based on 15 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
$498K
Down 26.2% from July 2025
Down $177K from July 2025
Homes Sold
15
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$3,275/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$2,573
  • Property Tax$519
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
42 days
17 fewer days than in July 2025
Buyers have time to decide
Sale-to-List Ratio
100.7%
Down from 101.0% in July 2025
Selling at or near asking price
% Sold Over Asking
33%
33% of homes sold above asking, some competition
Active Listings
18
Down 27.2% from July 2025
About 3.6 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94612, Oakland.

Median Sale Price
Down 26.2% year-over-year in 94612, Oakland. Based on 15 sales in the last 3 months.
Homes Sold
36% more homes sold than a year ago in 94612, Oakland.
Total Monthly Payment
Estimated monthly cost is down 26% from a year ago in 94612, 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 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about ZIP 94612

Is now a good time to buy in ZIP 94612?

ZIP 94612 leans toward buyers, though competition has been picking up recently. Buyers still have leverage to negotiate, but the window may be narrowing.

How do ZIP 94612 home prices compare to the Bay Area average?

At $498K, ZIP 94612's median sits about 72% below the Bay Area average of $1.80M. ZIP 94612 is among the most accessible parts of the Bay Area.

Within Oakland, this area trades about 41% below the city-wide median of $850K.

How competitive is ZIP 94612 for buyers?

ZIP 94612 currently leans toward buyers:

  • Homes sell about 0.7% above asking on average
  • 33% close above list price
  • 42 days typical time to go pending
  • 30% of listings have had a price reduction

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 94612 home?

At $498K with 20% down at 6.71%, your estimated total monthly cost is approximately $3,275:

  • $2,573 principal and interest
  • $519 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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