Oakland Housing Market Report – August 2026
Here's a look at how the Oakland, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 222
- Median Sale Price: $776,500
- Average Sale Price: $930,061
- Average Price Per Sq Ft: $574
- Average Days on Market: 69
- Sale-to-List Price Ratio: 110.9%
Month-Over-Month Trends
Compared to July, the median sale price in Oakland moved 1.2% up (from $767,500 to $776,500). The number of homes sold was 19.6% down compared to the prior month (276 vs. 222). Average days on market shifted 1.5% up (68 days to 69 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 10.8% up (from $701,000 to $776,500). Sales volume is 22.1% down year-over-year.
Oakland Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94611 | 31 | $1,025,000 | $609 | 89 |
| 94605 | 30 | $890,000 | $548 | 51 |
| 94602 | 24 | $1,240,000 | $732 | 43 |
| 94619 | 17 | $770,000 | $571 | 53 |
| 94610 | 17 | $1,280,000 | $599 | 60 |
| 94607 | 16 | $527,000 | $399 | 70 |
| 94606 | 15 | $505,000 | $469 | 139 |
| 94601 | 14 | $617,500 | $465 | 116 |
| 94609 | 13 | $1,075,000 | $697 | 36 |
| 94608 | 11 | $836,000 | $592 | 46 |
| 94618 | 11 | $2,050,000 | $844 | 42 |
| 94603 | 11 | $515,000 | $434 | 64 |
| 94621 | 10 | $546,000 | $415 | 82 |
| 94612 | 2 | $497,500 | $429 | 155 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 148 | $962,500 | $642 |
| CONDOS | 39 | $399,900 | $489 |
| MULTI_FAMILY | 25 | $975,000 | $335 |
| LAND | 6 | $43,350 | N/A |
| TOWNHOMES | 4 | $484,500 | $375 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 4 |
| $100K - $199K | 2 |
| $200K - $299K | 7 |
| $300K - $399K | 17 |
| $400K - $499K | 23 |
| $500K - $749K | 49 |
| $750K+ | 120 |
Current Active Listings
As of this report, there are 1,268 active listings in Oakland with a median asking price of $650,000 and an average of 105 days on market.
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