ZIP 94621, Oakland Housing Market · 2026

Data through May 2026 · Part of the Oakland housing market

ZIP 94621, Oakland Market Snapshot

ZIP 94621 is a balanced market, but competition has been picking up. Here's where things stand:

Based on 30 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$524K
Up 5.2% from May 2025
Up $26K from May 2025
Homes Sold
30
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$3,373/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$2,644
  • Property Tax$545
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
21 days
23 fewer days than in May 2025
Homes typically sell within a month
Sale-to-List Ratio
100.8%
Up from 99.3% in May 2025
Selling at or near asking price
% Sold Over Asking
57%
More than half of homes sold above their asking price
Active Listings
43
Down 18.9% from May 2025
About 1.4 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Up 5.2% year-over-year in 94621, Oakland. Based on 30 sales in the most recent month.
Homes Sold
6% fewer homes sold than a year ago in 94621, Oakland.
Total Monthly Payment
Estimated monthly cost is up 2% 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 6.49%. 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 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 94621 home prices compare to the Bay Area average?

At $524K, ZIP 94621's median sits about 72% below the Bay Area average of $1.85M. ZIP 94621 is among the most accessible parts of the Bay Area.

Within Oakland, this area trades about 44% below the city-wide median of $928K.

How competitive is ZIP 94621 for buyers?

ZIP 94621 is a balanced market where neither side dominates:

  • Homes sell about 0.8% above asking on average
  • 57% close above list price
  • 21 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 94621 home?

At $524K with 20% down at 6.49%, your estimated total monthly cost is approximately $3,373:

  • $2,644 principal and interest
  • $545 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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