Is Oakland, CA 94602 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Oakland is a seller’s market. With about 1.5 months of supply and 86% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.5Under 4 months = seller’s market

Sold above original list86.4%Share of sales, last 3 months

Median sale-to-list124%Sold price ÷ list price

Median days on market15Listing to accepted offer

Median price per sq ft$720▲ +4.3% vs. last year

Run the numbers for 94602

Prefilled for 94602Can I win this house?Multiple-offer likelihood for a listing Prefilled for 94602Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alameda 94501Seller’s market $717 /sq ft Alameda 94502Seller’s market $658 /sq ft Albany 94706Seller’s market $836 /sq ft Berkeley 94702Seller’s market $1,046 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology