Market Intelligence · CA / Oakland

Oakland, CA 94605 Housing Market

The typical home value in Oakland 94605 is $665,367, down 3.0% over the past year. The median list price stands at $689,000, with homes staying on the market for a median of 34 days.

Updated August 2026Median value$659K

The median home value in Oakland, CA 94605 is $659K as of August 2026, down 1.3% 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 94605 range

$607K to $712K

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

-1.3% over 12 months

Typical home value in 94605 over the last 12 months: $668K in Aug 2025 to $659K in Aug 2026 (-1.3%).

Aug 2025$668K

Aug 2026$659K

The numbers

What is the 94605 housing market like?

Typical home value

$659K

Down1.3%YoY

Median list price

$689K

Down1.7%MoM

Days on market

34

Down20.9%MoM

Homes for sale

85

Up2.4%MoM

Price cuts

10.0%

Down24.6%MoM

New listings

40

Down4.8%MoM

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

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The comparison

How do 94605 home prices compare?

  • 94605$659,242
  • 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

Oakland 94605 has 85 homes for sale, with 40 new listings added recently. The median list price is $689,000, and homes typically spend 34 days on market before selling. One in ten listings carries a price cut, which aligns with the 3.0% year-over-year decline in typical home values. Sellers should expect modest negotiating power and may benefit from pricing competitively from the start.

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20% · $131,848

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