ZIP 94621, 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 94621, Oakland Market Snapshot

ZIP 94621 favors sellers and competition is intensifying. Here's the picture:

Based on 35 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
$505K
Up 1.5% from July 2025
Up $7K from July 2025
Homes Sold
35
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$3,318/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$2,609
  • Property Tax$526
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
27 days
11 fewer days than in July 2025
Homes typically sell within a month
Sale-to-List Ratio
103.3%
Up from 98.9% in July 2025
Selling 3% above asking
% Sold Over Asking
62%
More than half of homes sold above their asking price
Active Listings
48
Down 12.4% from July 2025
About 4.2 months of supply. Plenty of options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94621, Oakland.

Median Sale Price
Up 1.5% year-over-year in 94621, Oakland. Based on 35 sales in the last 3 months.
Homes Sold
About the same sales volume as a year ago in 94621, Oakland.
Total Monthly Payment
Estimated monthly cost is up 1% from a year ago in 94621, 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 94621

Is now a good time to buy in ZIP 94621?

ZIP 94621 favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

How do ZIP 94621 home prices compare to the Bay Area average?

At $505K, ZIP 94621's median sits about 72% below the Bay Area average of $1.80M. ZIP 94621 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 94621 for buyers?

ZIP 94621 currently favors sellers:

  • Homes sell about 3% above asking on average
  • 62% close above list price
  • 27 days typical time to go pending
  • 27% 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 94621 home?

At $505K with 20% down at 6.71%, your estimated total monthly cost is approximately $3,318:

  • $2,609 principal and interest
  • $526 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

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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