Market Intelligence · CA / Oakland

Oakland, CA 94607 Housing Market

Homes in Oakland 94607 have a typical value of $524,673, down 6.5% over the past year. The median list price stands at $482,400, with homes taking 59 days on market on average.

Updated August 2026Median value$525K

The median home value in Oakland, CA 94607 is $525K as of August 2026, down 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 94607 range

$483K to $567K

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 94607 over the last 12 months: $561K in Jul 2025 to $525K in Jul 2026 (-6.5%).

Jul 2025$561K

Jul 2026$525K

The numbers

What is the 94607 housing market like?

Typical home value

$525K

Down6.5%YoY

Median list price

$475K

Down1.6%MoM

Days on market

54

Down8.5%MoM

Homes for sale

50

Down9.1%MoM

Price cuts

8.9%

Down54.6%MoM

New listings

16

Flat0.0%MoM

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

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The comparison

How do 94607 home prices compare?

  • 94607$524,673
  • 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

The neighborhood has 55 homes for sale as of early July 2026, with 16 new listings entering the market recently. Nearly one in five listings, at 19.6%, has already received a price cut. The combination of inventory levels, pricing adjustments, and time on market suggests a buyer-favorable environment. For sellers, this is a deliberate market where pricing strategy matters significantly.

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