Market Intelligence · CA / Oakland

Oakland, CA 94611 Housing Market

The typical home value in Oakland, CA 94611 is $1,409,497, up 5.6% over the past year as of September 2026. The median list price stands at $1,089,750, and homes are moving in a median of 22 days on market.

Updated September 2026Median value$1409K

The median home value in Oakland, CA 94611 is $1.41M as of September 2026, up 5.6% 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 94611 range

$1.3M to $1.52M

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

+5.6% over 12 months

Typical home value in 94611 over the last 12 months: $1.33M in Sep 2025 to $1.41M in Sep 2026 (+5.6%).

Sep 2025$1.33M

Sep 2026$1.41M

The numbers

What is the 94611 housing market like?

Typical home value

$1.41M

Up5.6%YoY

Median list price

$1.09M

Down0.7%MoM

Days on market

22

Down18.5%MoM

Homes for sale

60

Up9.1%MoM

Price cuts

7.0%

Down1.1%MoM

New listings

42

Down12.5%MoM

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

The outlook

94611 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94611 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 94611 rose 5.6%, per the Zillow Home Value Index.

Will home prices drop in 94611?

Zillow's forecast does not call for a drop: it expects typical home values in 94611 to rise 1.6% by September 2027, after a 5.6% 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 94611 home prices compare?

  • 94611$1,409,497
  • 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 60 homes for sale in 94611, with 42 new listings hitting the market. The median list price is $1,089,750, and properties are spending a median of 22 days on market. Only 7.0% of listings have taken a price cut, which points to steady demand near the Oakland hills. Values have climbed 5.6% over the past year to a typical home value of $1,409,497. For a seller, the numbers suggest a market that still rewards well-priced homes without requiring deep discounts.

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Common questions

What people ask us.

How much is a home in 94611 worth?

The typical home value in Oakland, CA 94611 is $1,409,497 as of September 2026, up 5.6% over the past year.

How fast are homes selling in 94611?

Homes in 94611 are spending a median of 22 days on market as of September 2026.

How much are sellers asking in 94611?

The median list price in 94611 is $1,089,750 as of September 2026, with 60 homes for sale and 42 new listings.

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