Market Intelligence · CA / Oakland

Oakland, CA 94609 Housing Market

Homes in Oakland's 94609 ZIP code have a typical value of $970,018, up 2.1% over the past year. The median list price sits at $784,000, with homes spending a median of 40 days on the market.

Updated August 2026Median value$970K

The median home value in Oakland, CA 94609 is $970K as of August 2026, up 2.1% 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 94609 range

$892K to $1.05M

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

+2.1% over 12 months

Typical home value in 94609 over the last 12 months: $950K in Jul 2025 to $970K in Jul 2026 (+2.1%).

Jul 2025$950K

Jul 2026$970K

The numbers

What is the 94609 housing market like?

Typical home value

$970K

Up2.1%YoY

Median list price

$756K

Down3.6%MoM

Days on market

28

Down30.0%MoM

Homes for sale

19

Up11.8%MoM

Price cuts

0.0%

Down100.0%MoM

New listings

12

Flat0.0%MoM

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

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The comparison

How do 94609 home prices compare?

  • 94609$970,018
  • 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

There are 17 homes for sale in the area as of early July 2026, with 12 new listings recently added. Median days on market of 40 suggests a reasonably paced sales cycle, neither rushed nor sluggish. Price cuts have appeared on 9.8% of listings, a modest share that reflects modest pressure on sellers. For homeowners weighing a sale, the recent appreciation and steady inventory suggest decent conditions, though the presence of price cuts indicates some buyers are negotiating.

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