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Oakland housing market: home prices, trends and forecast

Oakland home prices: by the Zillow Home Value Index, a typical home in Oakland, California was valued at $710,647 in September 2026, +0.6% higher than a year earlier, and 24.2% under the $938,044 peak from May 2022.

Value of a typical home
$710,647
September 2026, Zillow ZHVI
Change over 12 months
Since September 2025: +0.6%.
Change over 10 years
Since September 2016: +12.7%.
Since 2000, multiple
×3.5, up from $201,872.
Time on the market
37
San Francisco, CA metro, from Realtor.com.

Oakland home prices since 2000

On the chart, Oakland is the steel line and the United States the grey line. A typical Oakland home was worth $201,872 in January 2000 and is worth $710,647, a multiple of ×3.52. The US multiple over the same months was ×2.99. Prices peaked during the boom in April 2006 at $528,017 and bottomed out in May 2012 at $288,819, −45.3%.

$0$200k$400k$600k$800k$1m200020052010201520202025Jan 2000 · $201,872$366,157$710,647Sep 2026OaklandUnited States$0$200k$400k$600k$800k$1m200020102020Jan 2000 · $202k$366k$711kSep 2026
Typical home, smoothed and seasonally adjusted, from the Zillow Home Value Index. Zillow Research data
January 2000 · $201,872

Oakland median home price by year

Each year comes from averaging its twelve monthly values; for 2026 the latest month is used.

YearOaklandChange on the yearUnited States
2000$225,486$125,745
2001$283,087+25.5%$134,899
2002$318,745+12.6%$144,276
2003$355,604+11.6%$155,308
2004$406,184+14.2%$169,891
2005$487,135+19.9%$189,732
2006$525,098+7.8%$206,531
2007$510,273−2.8%$208,449
2008$441,844−13.4%$195,574
2009$348,613−21.1%$177,542
2010$343,391−1.5%$171,462
2011$310,667−9.5%$162,508
2012$297,260−4.3%$161,137
2013$373,547+25.7%$171,420
2014$450,823+20.7%$182,996
2015$534,235+18.5%$192,738
2016$624,295+16.9%$204,509
2017$679,014+8.8%$216,767
2018$747,071+10.0%$230,541
2019$753,438+0.9%$242,088
2020$781,077+3.7%$257,151
2021$865,371+10.8%$295,959
2022$899,620+4.0%$340,014
2023$821,914−8.6%$348,160
2024$795,749−3.2%$359,751
2025$732,725−7.9%$362,959
September 2026$710,647+0.6%$366,157

What a home bought in Oakland in any year is worth today

An index-based estimate of a typical home, not an appraisal.

Each year averages its twelve monthly index values; the current value is September 2026. More options: the home appreciation calculator.

Are you thinking of selling? See how local agents compare on Realtor.com. Advertising disclosure: links like this one may earn the site a payment; no number changes because of them. Disclosure details.

Oakland housing market forecast

Zillow's forecast has the metro of San Francisco, CA up +1.9% over the 12 months that begin in September 2026, and up +0.5% over the next three months. On Oakland's typical value of $710,647, the forecast points to a figure near $724,100 a year on.

This figure restates Zillow's central estimate for the metro; the site itself publishes no forecast of its own. Forecasts like this 12-month one have typically missed the change that actually happened by several percentage points, in both directions. This is not investment advice.

One table holds every metro forecast: housing market forecast.

Oakland housing market crash risk score

59 of 100, on the high side

Against the 292 cities, the score places Oakland using five conditions that were high before earlier price falls. Every input is set between 0 and 100 by comparison with the other cities, and the five scores are averaged with equal weight. It shows conditions as they are now, and it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019−2.8%4020%
Time on the market vs 2019+5.7%5120%
Price-to-rent ratio21.56820%
Price-to-income ratio7.08320%
12-month price change+0.6%5520%

This is not investment advice. The scoring method for the inputs: methodology. Every one of the 292 cities, ranked: city crash risk rankings.

Oakland inventory and days on market

In September 2026 the San Francisco, CA metro counted 5,840 homes for sale, −10.9% from a year earlier and −2.8% from the same month in 2019. Listings sold in a median of 37 days (+5.7% against 2019), and price cuts appeared on 13.4% of them.

San Francisco, CA metro, September 2026ValueOn a year
Active listings5,840−10.9%
New listings3,760
Median days on market37−9.8%
Median list price$957,475−1.8%
Share with a price cut13.4%

Metro inventory from Realtor.com® Economic Research. Realtor.com source. Every metro is covered: days on market by city.

Living costs in Oakland

The Zillow Observed Rent Index puts the typical Oakland asking rent at $2,758 a month, +10.8% on a year. That rent takes 21.5 years to cover the price of a typical home. Median household income comes to $102,235 (Census ACS 2024), so a typical home equals 7.0 times what a household earns in a year. BEA puts housing costs in the metro at 194.7 and prices at 115.6, where the US average is 100.

Rent, prices and the salary you would need to move there: living costs in Oakland.

Other California housing markets

Statewide view: California housing market.

How to read this chart

Each plotted point shows the Zillow Home Value Index for Oakland, which tracks what a typical home in the market's middle third is worth. The measure is smoothed and seasonally adjusted, and each value is given in dollars for its month. A hollow dot marks the month picked on the slider, and the terracotta dot marks the most recent month. These numbers carry no adjustment for inflation, and the index tracks the typical home rather than one specific house: work out what a single home is worth from its own sale price, using the card above it, or with the appreciation calculator.