Oakland Housing Market Report – March 2026

By Jessica

Here's a look at how the Oakland, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 215
  • Median Sale Price: $850,000
  • Average Sale Price: $1,052,568
  • Average Price Per Sq Ft: $630
  • Average Days on Market: 52
  • Sale-to-List Price Ratio: 114.5%

Month-Over-Month Trends

Compared to February, the median sale price in Oakland moved 13.3% up (from $750,000 to $850,000). The number of homes sold was 66.7% up compared to the prior month (129 vs. 215). Average days on market shifted 16.1% down (62 days to 52 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 2.9% down (from $875,000 to $850,000). Sales volume is 23.5% down year-over-year.

What This Means

Oakland's housing market is showing mixed signals this March, with strong month-over-month momentum masking some longer-term softness. Sales volume jumped nearly 67 percent compared to February, and homes are moving faster—down to 52 days on market from 62. Sellers are also getting top dollar, with homes selling at 114.5 percent of list price, suggesting real buyer urgency. Spring typically brings this kind of seasonal lift as more families enter the market, and March's numbers likely reflect that predictable annual bump.

However, year-over-year comparisons tell a different story. Median prices have actually slipped 2.9 percent since last March, and sales volume is down 23.5 percent—indicators that Oakland's market has cooled compared to a year ago. The gap between active listings' median asking price of $649,000 and actual sales at $850,000 suggests price discovery is still happening, with sellers and buyers working through expectations.

The market appears to be stabilizing rather than surging. Strong seasonal demand is propping up sales, but the underlying trend suggests continued caution. Single-family homes dominate sales at 151 units, while condos lag at just 37—typical for Oakland's current buyer preferences.

Oakland Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
94611 34 $1,432,500 $623 42
94605 34 $730,000 $528 43
94618 24 $1,596,250 $952 34
94602 22 $1,151,000 $727 47
94619 18 $1,102,500 $615 35
94607 13 $499,000 $464 84
94608 12 $785,750 $655 45
94610 12 $1,600,000 $793 32
94603 11 $540,000 $423 81
94601 9 $540,000 $354 72
94609 9 $1,455,000 $761 52
94606 7 $730,000 $565 45
94621 7 $480,000 $356 173
94612 3 $475,000 $498 96

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 151 $1,150,000 $701
CONDOS 37 $495,000 $495
MULTI_FAMILY 17 $625,000 $390
TOWNHOMES 5 $890,000 $443
LAND 4 $73,750 N/A
MOBILE 1 $220,000 $36

Sales by Price Range

Price Range Homes Sold
Under $100K 4
$200K - $299K 8
$300K - $399K 6
$400K - $499K 21
$500K - $749K 51
$750K+ 125

Current Active Listings

As of this report, there are 849 active listings in Oakland with a median asking price of $649,000 and an average of 103 days on market.

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