Market Intelligence · CA / Oakland

Oakland, CA 94602 Housing Market

The typical home in Oakland's 94602 ZIP code is worth $1,012,291, up 8.1% over the past year as of September 2026. The median list price sits at $799,000, and homes spend a median of 35 days on the market.

Updated September 2026Median value$1012K

The median home value in Oakland, CA 94602 is $1.01M as of September 2026, up 8.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 94602 range

$931K to $1.09M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+8.1% over 12 months

Sep 2025$936K

Low $936KHigh $1.01M

Sep 2026$1.01M

The numbers

What is the 94602 housing market like?

As of September 2026

Typical home value

$1.01M

8.1%YoY

Median list price

$799K

0.0%MoM

Days on market

2.9%MoM

Homes for sale

3.2%MoM

Price cuts

5.0%

43.9%MoM

New listings

62.5%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

94602 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94602 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 94602 rose 8.1%, per the Zillow Home Value Index.

Will home prices drop in 94602?

Zillow's forecast does not call for a drop: it expects typical home values in 94602 to rise 1.7% by September 2027, after a 8.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 94602 home prices compare?

94602$1,012,291
Oakland$659,248
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Oakland: 13 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

Home values in 94602 have climbed to $1,012,291, an 8.1% gain over the past year as of September 2026. As of September 2026 there were 30 homes for sale and 26 new listings, so supply is moving but not flooded. The median list price of $799,000 sits well below the typical value, suggesting sellers are pricing to draw interest. Homes take a median of 35 days to sell, and only 5.0% of listings carry a price cut. For a seller, this is a healthy market where realistic pricing tends to get rewarded.

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Down payment20% · $202,458

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Common questions

What people ask us.

How much is a home in 94602 worth?

The typical home in 94602 is worth $1,012,291 as of September 2026, up 8.1% over the past year.

How fast do homes sell in 94602?

Homes in 94602 spend a median of 35 days on the market as of September 2026.

Are sellers cutting prices in 94602?

As of September 2026, 5.0% of listings in 94602 had a price cut, a relatively small share.

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Nearby ZIP markets.

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