Market Intelligence · CA / Oakland

Oakland, CA 94602 Housing Market

Homes in Oakland 94602 are valued at $1,009,177 on average, up 4.1% over the past year. The median list price is $799,000, with homes spending 34 days on market.

Updated August 2026Median value$1006K

The median home value in Oakland, CA 94602 is $1.01M as of August 2026, up 6.5% 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

$925K 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

+6.5% over 12 months

Typical home value in 94602 over the last 12 months: $944K in Aug 2025 to $1.01M in Aug 2026 (+6.5%).

Aug 2025$944K

Aug 2026$1.01M

The numbers

What is the 94602 housing market like?

Typical home value

$1.01M

Up6.5%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 (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 94602 home prices compare?

  • 94602$1,005,822
  • Oakland$659,242
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Oakland: 13 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

There are 31 homes for sale in the ZIP as of August 2026, with 16 new listings added recently. The median time on market of 34 days suggests moderate buyer interest. About 9.0% of listings have seen price cuts, a small share that reflects the overall appreciation trend. For sellers, the modest price-cut rate and year-over-year home value gains indicate a market that has held its ground, though the inventory level means you should price competitively.

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