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Market Intelligence · CA / Oakland

Oakland, CA 94612 Housing Market

The typical home value in Oakland's 94612 ZIP code is $530,669 as of September 2026, down 6.9% over the past year. The median list price stands at $674,250, and homes are spending a median of 58 days on the market.

Updated September 2026Median value$531K

The median home value in Oakland, CA 94612 is $531K as of September 2026, down 6.9% 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 94612 range

$488K to $573K

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

-6.9% over 12 months

Typical home value in 94612 over the last 12 months: $570K in Sep 2025 to $531K in Sep 2026 (-6.9%).

Sep 2025$570K

Sep 2026$531K

The numbers

What is the 94612 housing market like?

Typical home value

$531K

Down6.9%YoY

Median list price

$674K

Up8.8%MoM

Days on market

58

Down26.6%MoM

Homes for sale

17

Up13.3%MoM

Price cuts

20.9%

New listings

8

Up100.0%MoM

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

The outlook

94612 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94612 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 94612 fell 6.9%, per the Zillow Home Value Index.

Will home prices drop in 94612?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 94612 to stay roughly flat by September 2027 (up 0.2%), after a 6.9% decline 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 94612 home prices compare?

  • 94612$530,669
  • 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

The 94612 market in Oakland is cooler than it was a year ago, with the typical home value at $530,669, down 6.9% over the past year. As of September 2026, there were 17 homes for sale and 8 new listings, so buyers have some selection in this part of the city. The median list price of $674,250 sits well above the typical value, and homes are taking a median of 58 days to sell. About 20.9% of listings have had a price cut. For a seller, the honest read is that pricing aggressively at the top of the range is risky in this market, and a realistic price from day one matters more than it used to.

Monthly payment

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Common questions

What people ask us.

How much is a home in 94612 worth?

The typical home value in the 94612 ZIP code is $530,669 as of September 2026. That figure is down 6.9% over the past year.

How long does it take to sell a home in 94612?

Homes in 94612 spent a median of 58 days on the market as of September 2026. That suggests a slower pace where buyers have time to compare options.

Are home prices dropping in 94612?

Values have softened, with the typical home value down 6.9% over the past year as of September 2026. In addition, 20.9% of current listings have taken a price cut.

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