Oakland Housing Market Report – July 2026
Here's a look at how the Oakland, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 276
- Median Sale Price: $767,500
- Average Sale Price: $923,341
- Average Price Per Sq Ft: $573
- Average Days on Market: 68
- Sale-to-List Price Ratio: 110.0%
Month-Over-Month Trends
Compared to June, the median sale price in Oakland moved 12.3% down (from $875,000 to $767,500). The number of homes sold was 5.3% up compared to the prior month (262 vs. 276). Average days on market shifted 3.0% up (66 days to 68 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 1.0% up (from $760,000 to $767,500). Sales volume is 1.8% up year-over-year.
What This Means
Oakland's housing market is showing mixed signals this July, with some softening after a strong spring. The median price dipped 12.3% from June, settling at $767,500, though it's still slightly ahead of last year's pace. More importantly, homes are taking roughly two months to sell and sitting just slightly longer on the market than in June. This suggests the typical summer slowdown is settling in, though the 110% sale-to-list ratio indicates sellers aren't capitulating—homes are still commanding prices above asking in most cases.
The inventory picture is worth watching. With 1,179 active listings at a median asking price of $650,000, there's noticeably more choice for buyers than in recent months. That's creating a more balanced negotiating environment, especially compared to the tight conditions of early 2026. Single-family homes continue to dominate the market at 63% of sales, reflecting Oakland's composition.
The year-over-year gains tell a steadier story than month-to-month volatility. We're up just 1% in median price and 1.8% in sales volume compared to July 2025, suggesting the market isn't overheating but finding a sustainable rhythm. For buyers, the slightly slower pace and increased inventory offer a small window to be more selective.
Oakland Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94605 | 34 | $697,500 | $509 | 77 |
| 94611 | 34 | $1,260,000 | $689 | 46 |
| 94610 | 29 | $1,218,000 | $577 | 71 |
| 94602 | 29 | $985,000 | $725 | 49 |
| 94606 | 23 | $520,000 | $425 | 82 |
| 94619 | 21 | $825,000 | $613 | 59 |
| 94601 | 18 | $505,000 | $400 | 104 |
| 94607 | 16 | $585,000 | $412 | 77 |
| 94603 | 15 | $500,000 | $397 | 98 |
| 94621 | 14 | $500,000 | $398 | 62 |
| 94608 | 14 | $726,000 | $558 | 62 |
| 94618 | 14 | $1,650,000 | $923 | 52 |
| 94609 | 11 | $1,000,000 | $783 | 66 |
| 94612 | 4 | $455,000 | $563 | 68 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 185 | $840,000 | $629 |
| CONDOS | 51 | $449,900 | $509 |
| MULTI_FAMILY | 33 | $900,000 | $363 |
| TOWNHOMES | 4 | $687,500 | $462 |
| LAND | 3 | $859,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 2 |
| $200K - $299K | 8 |
| $300K - $399K | 25 |
| $400K - $499K | 20 |
| $500K - $749K | 79 |
| $750K+ | 142 |
Current Active Listings
As of this report, there are 1,179 active listings in Oakland with a median asking price of $650,000 and an average of 105 days on market.
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