Oakland Housing Market Report – June 2026
Here's a look at how the Oakland, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 261
- Median Sale Price: $875,000
- Average Sale Price: $1,026,232
- Average Price Per Sq Ft: $613
- Average Days on Market: 66
- Sale-to-List Price Ratio: 112.4%
Month-Over-Month Trends
Compared to May, the median sale price in Oakland moved 4.4% down (from $915,375 to $875,000). The number of homes sold was 3.6% up compared to the prior month (252 vs. 261). Average days on market shifted 11.9% up (59 days to 66 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 2.9% up (from $850,000 to $875,000). Sales volume is 5.8% down year-over-year.
What This Means
Oakland's housing market is showing mixed signals as we enter summer 2026. While sales volume ticked up slightly to 261 homes this month, the more telling story is what happened to timing and pricing. Homes are sitting on the market about 12 percent longer than they were in May, now averaging 66 days, suggesting buyers are taking more time to decide. The median price dipped 4.4 percent month-over-month to $875,000, though it's still up nearly 3 percent year-over-year, indicating we're likely seeing normal seasonal cooling rather than a dramatic market shift.
What's particularly interesting is the sale-to-list ratio sitting at 112.4 percent. Sellers are still getting over asking price, which would normally signal a tight market. However, with over 1,100 active listings on the market and homes taking longer to sell, buyers clearly have more negotiating power than they did a year ago. The high average sale price of just over $1 million masks the fact that the median is substantially lower, suggesting a few high-end sales are skewing the data. For most Oakland buyers, this represents a slightly more favorable environment than last year, though it's hardly a buyer's market yet.
Oakland Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94611 | 36 | $1,271,000 | $748 | 57 |
| 94605 | 29 | $652,500 | $452 | 69 |
| 94602 | 28 | $1,225,000 | $739 | 41 |
| 94610 | 25 | $1,415,000 | $751 | 63 |
| 94609 | 25 | $1,100,000 | $648 | 51 |
| 94607 | 18 | $650,000 | $462 | 83 |
| 94618 | 17 | $1,500,000 | $870 | 52 |
| 94606 | 16 | $912,500 | $449 | 103 |
| 94601 | 15 | $600,000 | $438 | 59 |
| 94619 | 13 | $1,100,000 | $682 | 45 |
| 94603 | 12 | $522,500 | $494 | 58 |
| 94621 | 12 | $557,750 | $462 | 68 |
| 94608 | 11 | $795,000 | $511 | 143 |
| 94612 | 4 | $724,500 | $328 | 124 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 181 | $1,010,000 | $676 |
| CONDOS | 42 | $540,000 | $516 |
| MULTI_FAMILY | 27 | $1,003,800 | $376 |
| TOWNHOMES | 8 | $807,500 | $483 |
| LAND | 3 | $70,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 3 |
| $100K - $199K | 2 |
| $200K - $299K | 6 |
| $300K - $399K | 16 |
| $400K - $499K | 12 |
| $500K - $749K | 61 |
| $750K+ | 161 |
Current Active Listings
As of this report, there are 1,119 active listings in Oakland with a median asking price of $669,000 and an average of 111 days on market.
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