Home ValuePros

Market Intelligence · CA / Oakland

Oakland, CA 94602 Housing Market

Homes in Oakland's 94602 ZIP code have a typical value of $1,009,177, up 4.1% over the past year. The median list price sits at $864,222, with homes staying on the market for a median of 28 days.

Updated August 2026Median value$1009K

The median home value in Oakland, CA 94602 is $1.01M as of August 2026, up 4.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 94602 range

$928K 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

+4.1% over 12 months

Typical home value in 94602 over the last 12 months: $969K in Jul 2025 to $1.01M in Jul 2026 (+4.1%).

Jul 2025$969K

Jul 2026$1.01M

The numbers

What is the 94602 housing market like?

Typical home value

$1.01M

Up4.1%YoY

Median list price

$799K

Down7.5%MoM

Days on market

34

Up21.4%MoM

Homes for sale

31

Down22.5%MoM

Price cuts

9.0%

Up102.5%MoM

New listings

16

Down50.0%MoM

Sources · Zillow ZHVI (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

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The comparison

How do 94602 home prices compare?

  • 94602$1,009,177
  • Oakland$665,367
  • California$702,086
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Oakland: 13 ZIPs; California: 1,543 ZIPs; United States: 26,266 ZIPs).

Context

There are currently 40 homes for sale in 94602, with 32 new listings as of early July 2026. Homes are moving at a moderate pace with a median time on market of 28 days. Only 4.4% of listings have seen price cuts, suggesting sellers are holding firm despite the competitive inventory. The market shows steady appreciation, but the gap between median list price and typical home value indicates that not all homes are commanding their full market potential. For sellers considering a move, the combination of moderate absorption and selective pricing pressure suggests this is a reasonable moment to list.

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