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Lake Merritt 2022-06-16Photo: Robert Hsiao · CC BY-SA 4.0
Housing in Oakland

2,812 homes sold in Oakland in the last year, at a typical $795K

About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Oakland homes are listed.

Homes sold
2,812
June 2025 to May 2026
Typical sale price
$795K
houses $924K · condos $474K
Price per square foot
$531
California $504
Paid vs. asking
107.9%
61% sold over asking
For sale now
691
May 2026 · 252 sold that month
What sold · last 12 months

16% of Oakland’s sales are condos, at $450K less than a house

2008 houses and 452 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$924K

typical sale · 2008 sold in 12 months

Per square foot
$585CA $494
Days to sell
23
Sold over asking
70%
Listings with a price cut
22%
Condos$474K

typical sale · 452 sold in 12 months

Per square foot
$471CA $561
Days to sell
59
Sold over asking
32%
Listings with a price cut
26%
Fewer sales

Multi-family (2–4 units): 290 sold, typical $778K
Townhouses: 62 sold, typical $813K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.3 times the 2016 price

2,812 sales in the last year, against 4,822 in 2021 and a low of 2,633 in 2023. The typical sale went from $624K in 2016 to $795K.

Homes soldTypical sale price
01212242536374850$400K$600K$800K$1M2012: 4324 sold, typical $266K’122013: 4076 sold, typical $396K2014: 3864 sold, typical $465K’142015: 3902 sold, typical $551K2016: 3717 sold, typical $624K’162017: 3553 sold, typical $674K2018: 3538 sold, typical $743K’182019: 3532 sold, typical $760K2020: 3464 sold, typical $830K’202021: 4822 sold, typical $886K2022: 3642 sold, typical $900K’222023: 2633 sold, typical $840K2024: 2744 sold, typical $831K’242025: 2828 sold, typical $791KLast 12 months: 2812 sold, typical $795KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $800K buys in Oakland

Houseat $585 a sq ft
Condoat $471 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Oakland homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Oakland are rarer than before the pandemic, and more homes are for sale

We read every month of Oakland’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 2,812 sales.

If you’re buying in Oakland

  • Shop in October. It brings about 401 new listings a month, close to the busiest month, with fewer bidding wars (70% over asking).
  • You can negotiate. 22% of listings have cut their price, against 17% before the pandemic.
  • Expect to bid over asking. Buyers paid 107.9% of the list price on average; 61% paid over.
  • You’ll usually have time. Only 32% of homes go under contract within two weeks; the typical one takes 28 days.
Best time to buy

Fall brings the homes; spring brings the bidding wars

September has the most new listings (about 463 a month), but May is the most competitive: 77% of May sales close over asking. January has the least competition (59%).

New listings a monthShare sold over asking
0116.3232.5348.846527%53%80%Sweet spotJan: 285 new listings a month, 59% sold over asking, 36 days to sellJFeb: 339 new listings a month, 65% sold over asking, 19 days to sellFMar: 398 new listings a month, 72% sold over asking, 15 days to sellMApr: 413 new listings a month, 76% sold over asking, 15 days to sellAMay: 440 new listings a month, 77% sold over asking, 15 days to sellMJun: 434 new listings a month, 77% sold over asking, 16 days to sellJJul: 417 new listings a month, 75% sold over asking, 17 days to sellJAug: 381 new listings a month, 72% sold over asking, 19 days to sellASep: 463 new listings a month, 72% sold over asking, 19 days to sellSOct: 401 new listings a month, 70% sold over asking, 18 days to sellONov: 231 new listings a month, 70% sold over asking, 20 days to sellNDec: 136 new listings a month, 65% sold over asking, 26 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than California

Oakland now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price61%75%77%36%
Gone within two weeksShare of homes under contract within 14 days32%43%52%31%
Listings with a price cutShare of homes for sale that cut their price22%17%19%24%
Price paid vs. askingAverage sale price ÷ list price107.9%110.6%114.5%99.7%
Days to sellMedian days from listing to contract28171544
Supply

743 homes for sale on a typical day

That’s 1.8 times the 2017 low (423) and 69% more than in 2017–19.

2012: 743 for sale’122013: 604 for sale2014: 579 for sale2015: 491 for sale’152016: 458 for sale2017: 423 for sale2018: 431 for sale’182019: 461 for sale2020: 502 for sale2021: 537 for sale’212022: 612 for sale2023: 576 for sale2024: 795 for sale’242025: 845 for saleLast 12 months: 743 for saleNow
Room to negotiate

1 in 5 listings has cut its price

22% in the last year, against 17% in 2017–19 and 24% across California.

2015: 14%’152016: 16%2017: 15%2018: 18%’182019: 19%2020: 18%2021: 19%’212022: 23%2023: 22%2024: 23%’242025: 23%Last 12 months: 22%Now
Prices by type

Since 2019, houses are up 15%, condos -26%

A house typically sold for $924K in the last year (2008 sales), a condo for $474K (452).

$450K$700K$950K$1.2M2013201520172019202120232025NowHouses 2013: $437K, 2897 salesHouses 2014: $509K, 2652 salesHouses 2015: $606K, 2657 salesHouses 2016: $667K, 2563 salesHouses 2017: $720K, 2444 salesHouses 2018: $793K, 2445 salesHouses 2019: $803K, 2470 salesHouses 2020: $895K, 2444 salesHouses 2021: $1M, 3222 salesHouses 2022: $1.1M, 2487 salesHouses 2023: $964K, 1895 salesHouses 2024: $927K, 2041 salesHouses 2025: $909K, 2040 salesHouses last 12 months: $924K, 2008 salesHouses $924KCondos 2013: $326K, 636 salesCondos 2014: $405K, 700 salesCondos 2015: $468K, 724 salesCondos 2016: $533K, 656 salesCondos 2017: $585K, 689 salesCondos 2018: $627K, 625 salesCondos 2019: $638K, 614 salesCondos 2020: $650K, 646 salesCondos 2021: $636K, 991 salesCondos 2022: $616K, 708 salesCondos 2023: $554K, 435 salesCondos 2024: $548K, 391 salesCondos 2025: $478K, 446 salesCondos last 12 months: $474K, 452 salesCondos $474K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

Oakland ranks 22nd of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Oakland is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Oakland home costs about $4,759 a month

Mortgage
Property tax
Insurance
Rent

Price: Oakland’s typical sale, last 12 months. Property tax at Oakland’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oakland is affordable on local pay is on Cost of living.

Before you buy in Oakland

Six things worth knowing

463

New listings in September

The month with the most choice. December has the fewest, about 136.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $795K home, about $7,330 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Oakland, from test results, graduation and how much students grow.

Schools in Oakland
30 min

Typical commute

The average one-way trip to work for people who live in Oakland.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Alameda, Piedmont, Moraga and Berkeley for far more

The busier markets within 25 miles of Oakland, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Oakland2,812$795K$53161%28
Berkeley646$1.4M$88374%17
Alameda497$1.1M$68366%22
San Leandro479$838K$57662%21
Moraga159$1.6M$73436%26
Emeryville130$443K$52633%42
Piedmont114$3.1M$1,08287%14

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Oakland, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oakland. People who follow the town see it, and so do people comparing Oakland with their own town. No commission, no listing fee.

Questions about buying a home in Oakland

What do homes sell for in Oakland, CA?

2,812 homes sold in the year to May 2026 at a typical $795K, $531 a square foot. Houses sold for about $924K, condos for about $474K.

Is Oakland a buyer’s or seller’s market?

A seller’s market: 691 homes were for sale in May 2026 and 252 sold, about 2.7 months of supply. Buyers paid 107.9% of asking on average, and 22% of listings cut their price.

When is the best time to buy in Oakland?

September brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Oakland?

About 0.9% of a home’s value a year. On a $795K home that’s near $7,330.

Where can I see homes for sale in Oakland?

Zillow, Redfin, Realtor.com and Homes.com all carry Oakland’s MLS listings; the search links above open each one filtered to Oakland.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).