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Market Intelligence · CA / Oakland

Oakland, CA 94605 Housing Market

The typical home value in Oakland, CA 94605 is $659,248, up 0.1% over the past year as of September 2026. The median list price is $649,750, and homes are spending a median of 40 days on the market.

Updated September 2026Median value$659K

The median home value in Oakland, CA 94605 is $659K as of September 2026, up 0.1% 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 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

+0.1% over 12 months

Typical home value in 94605 over the last 12 months: $659K in Sep 2025 to $659K in Sep 2026 (+0.1%).

Sep 2025$659K

Sep 2026$659K

The numbers

What is the 94605 housing market like?

Typical home value

$659K

Up0.1%YoY

Median list price

$650K

Down5.7%MoM

Days on market

40

Up17.6%MoM

Homes for sale

83

Down2.4%MoM

Price cuts

7.8%

Down22.3%MoM

New listings

44

Up10.0%MoM

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

The outlook

94605 housing market forecast 2027

+1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94605 to rise 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 94605 rose 0.1%, per the Zillow Home Value Index.

Will home prices drop in 94605?

Zillow's forecast does not call for a drop: it expects typical home values in 94605 to rise 1.3% by September 2027, after a 0.1% 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 94605 home prices compare?

  • 94605$659,248
  • 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

As of September 2026, there are 83 homes for sale in 94605, with 44 new listings hitting the market. The median list price sits at $649,750, slightly below the typical home value of $659,248. Homes are moving at a moderate pace, with a median of 40 days on market. Only 7.8% of listings have taken a price cut, which suggests most sellers are pricing close to what buyers will pay. For a seller, the takeaway is simple: values are essentially flat, so accurate pricing from the start matters more than waiting for the market to move.

Monthly payment

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Common questions

What people ask us.

How much is a home in 94605 worth?

The typical home value in 94605 is $659,248 as of September 2026, up 0.1% over the past year.

How long does it take to sell a home in 94605?

Homes in 94605 are spending a median of 40 days on the market as of September 2026.

How competitive is the 94605 housing market?

There are 83 homes for sale in 94605 as of September 2026, with 44 new listings. Only 7.8% of listings have had a price cut.

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