Oakland, CA metro area Housing Market
Hot MarketComprehensive housing market data for the Oakland, CA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$918K
↓ 6.3% YoY
Days on Market
15 days
– 0.0% YoY
Active Inventory
3,550
↓ 12.3% YoY
Homes Sold
1,629
↓ 7.8% YoY
Hot Market
Homes are selling quickly with strong competition among buyers.
Oakland, CA metro area Market Summary
The Oakland, CA metro area housing market is heating up. As of March 2026, the median home sale price is $918K, down 6.3% year-over-year. Homes are spending a median of 15 days on the market, 0.0% shorter than a year ago.
There are 3,550 homes for sale — 12.3% fewer than last year. With 2.2 months of supply, this is a seller's market. 2,626 new listings were added during this period, down 3.8% year-over-year.
Homes are selling for 103.9% of their list price on average, indicating buyers are paying above asking. 58.6% of homes sell above their asking price. 24.8% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
42
Contributing Factors
How This Market Compares
vs. National Median
vs. California Median
Investor Takeaway
This is a highly competitive market. Be prepared to move quickly and potentially offer above asking price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 110% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Oakland, CA metro area Market Trends
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Detailed Market Metrics
Median List Price
$929K
Price per Sq Ft
$600
Sale-to-List Ratio
103.9%
Months of Supply
2.2
Sold Above List
58.6%
Price Drops
24.8%
New Listings
2,626
↓ 3.8% YoY
Pending Sales
1,945
Off Market in 2 Weeks
50.7%
Other Markets in California
Los Angeles, CA metro area
$913K · 45d on market
Riverside, CA metro area
$585K · 54d on market
San Diego, CA metro area
$915K · 27d on market
Anaheim, CA metro area
$1.26M · 36d on market
Sacramento, CA metro area
$585K · 23d on market
San Jose, CA metro area
$1.64M · 10d on market
San Francisco, CA metro area
$1.72M · 13d on market
Bakersfield, CA metro area
$385K · 41d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.