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Market Intelligence · CA / Oakland

Oakland, CA 94603 Housing Market

In Oakland's 94603 ZIP code, the typical home value is $507,514, down 1.9% over the past year as of September 2026. The median list price sits at $549,000, and homes are spending a median of 45 days on the market.

Updated September 2026Median value$508K

The median home value in Oakland, CA 94603 is $508K as of September 2026, down 1.9% 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 94603 range

$467K to $548K

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

-1.9% over 12 months

Typical home value in 94603 over the last 12 months: $517K in Sep 2025 to $508K in Sep 2026 (-1.9%).

Sep 2025$517K

Sep 2026$508K

The numbers

What is the 94603 housing market like?

Typical home value

$508K

Down1.9%YoY

Median list price

$549K

Flat0.0%MoM

Days on market

45

Up36.4%MoM

Homes for sale

40

Down2.4%MoM

Price cuts

9.7%

Down23.5%MoM

New listings

22

Up10.0%MoM

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

The outlook

94603 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94603 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 94603 fell 1.9%, per the Zillow Home Value Index.

Will home prices drop in 94603?

Zillow's forecast does not call for a drop: it expects typical home values in 94603 to rise 1.4% by September 2027, after a 1.9% decline 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 94603 home prices compare?

  • 94603$507,514
  • 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

Sellers in 94603 are asking a median of $549,000, while the typical home value is $507,514, a figure that has slipped 1.9% over the past year. There were 40 homes for sale as of September 2026, with 22 new listings coming onto the market that month. Homes are taking a median of 45 days to sell, and 9.7% of listings have had a price cut. That points to a market where buyers have some room to negotiate and overpriced homes are getting trimmed. For a seller, pricing realistically from the start matters more than aiming high.

Monthly payment

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20% · $101,503

Common questions

What people ask us.

How much is a home in 94603 worth?

The typical home value in 94603 is $507,514 as of September 2026, down 1.9% over the past year. The median list price is $549,000.

How long does it take to sell a home in 94603?

Homes in 94603 are spending a median of 45 days on the market as of September 2026.

Are sellers cutting prices in 94603?

Yes. As of September 2026, 9.7% of listings in 94603 have had a price cut.

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