Oakley Housing Market Report – May 2026

Here's a look at how the Oakley, CA real estate market performed in May 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 51
  • Median Sale Price: $651,000
  • Average Sale Price: $683,201
  • Average Price Per Sq Ft: $340
  • Average Days on Market: 54
  • Sale-to-List Price Ratio: 100.0%

Month-Over-Month Trends

Compared to April, the median sale price in Oakley moved 4.6% down (from $682,500 to $651,000). The number of homes sold was 5.6% down compared to the prior month (54 vs. 51). Average days on market shifted 25.0% down (72 days to 54 days).

Year-Over-Year Comparison

Compared to May 2025, the median sale price is 8.0% down (from $707,500 to $651,000). Sales volume is 2.0% up year-over-year.

What This Means

Oakley's housing market is showing signs of cooling momentum as we head into the summer season. While sellers are still achieving 100 percent of their asking prices—a healthy indicator of balanced conditions—the median price has declined 4.6 percent month-over-month to $651,000 and 8.0 percent year-over-year. This suggests that the initial spring push has softened, which is fairly typical as we move into May. More encouraging is the significant improvement in days on market, dropping from 72 to 54 days. Homes are moving faster than they were a month ago, indicating that despite price moderation, buyer interest remains present.

The inventory situation tells an interesting story. With 158 active listings on the market, there's noticeably more supply available compared to recent months, yet those listings are sitting longer than sold properties—averaging 65 days versus 54 for homes that actually sold. This gap suggests that pricing expectations among some current sellers may not align with where the market actually is. For buyers, this could mean more negotiating room than we've seen recently. The single-family home inventory dominates the market at 43 of the active listings, providing good selection for traditional homebuyers exploring the Oakley area.

Oakley Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
94561 51 $651,000 $340 54

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 43 $650,000 $345
LAND 7 $689,500 N/A
MOBILE 1 $50,000 $95

Sales by Price Range

Price Range Homes Sold
Under $100K 1
$200K - $299K 1
$400K - $499K 6
$500K - $749K 30
$750K+ 13

Current Active Listings

As of this report, there are 158 active listings in Oakley with a median asking price of $717,350 and an average of 65 days on market.

Thinking About Selling Your Oakley Home?

If you're a homeowner in Oakley considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Oakley and throughout Contra Costa County — get a no-obligation cash offer today.

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