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OAKLAND, CA 94602

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 94602

Bartlett · Dimond · Dimond District · Glenview · Highland Park (Lynn) · Laurel · Lincoln Highlands · Meadow Brook (Reservoir Hill) · Oakmore · Redwood Heights · Sausal Creek · School · Trestle Glen · Tuxedo · Upper Dimond · Upper Laurel · Upper Peralta Creek · Woodminster

Market Analysis

Data as of February 2026. Source: Realtor.com.

The OAKLAND, CA real estate market (94602) currently shows 39 active listings, with 16 pending sales. Homes are averaging 25 days on the market before going under contract.

Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 25 days on market compared to 21 days last year.

The median listing price has fallen 2.9% year-over-year, from $854,500 to $829,750.

Whether you are buying or selling in OAKLAND, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 31,104  ·  Density: 3,301.5/mi²  ·  Median household income: $126,412

Typical home value: $1,065,170  ·  Homeownership: 60.3%

Market Overview

Active Listings
39
⇩ 37.1% vs 62 last year
Pending
16
41% pending ratio
Median Price
$829,750
⇩ 2.9% vs $854,500 last year
Average Price
$803,528
⇩ 16% vs $956,037 last year
Days on Market
25
⇧ 19% vs 21 days last year

Price Per Square Foot

Median $/sqft
$595
⇧ 3.1% vs $577/sqft last year
Median Home Size
1,221 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 62 last year
  • Days on market: 25 now vs 21 last year

Median & Average Pricing

Year over Year
  • Median: $829,750 (-2.9% YoY)
  • Average: $803,528 (-16% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.5 miles — 372 listings ($260,831,925 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94602Oakland, CA 946020.0 mi24$18,920,352$774,000$788,348
94610Oakland, CA 946102.0 mi21$15,250,032$649,000$726,192
94606Oakland, CA 946062.4 mi44$26,730,000$557,500$607,500
94516Canyon, CA 945162.6 mi1$795,000$795,000$795,000
94612Oakland, CA 946123.4 mi15$9,784,995$595,000$652,333
94605Oakland, CA 946054.3 mi82$55,443,890$622,500$676,145
94705Berkeley, CA 947054.5 mi7$14,560,000$1,895,000$2,080,000
94603Oakland, CA 946034.8 mi50$26,294,750$512,450$525,895
94502Alameda, CA 945025.1 mi11$11,845,471$847,500$1,076,861
94607Oakland, CA 946075.2 mi61$33,943,328$544,500$556,448
94703Berkeley, CA 947035.6 mi15$14,322,855$924,000$954,857
94709Berkeley, CA 947096.1 mi5$4,415,680$697,000$883,136
94577San Leandro, CA 945776.5 mi36$28,525,572$793,500$792,377

Frequently Asked Questions

How many homes are for sale in OAKLAND, CA 94602?

As of February 2026, there are 39 active listings in OAKLAND, CA (zip code 94602), compared to 62 the prior year.

What is the median home price in OAKLAND, CA 94602?

The median listing price in OAKLAND, CA 94602 is $829,750 as of February 2026, a 2.9% decrease from $854,500 the prior year.

How long do homes stay on the market in OAKLAND, CA?

Homes in OAKLAND, CA 94602 spend an average of 25 days on the market before going under contract, compared to 21 days the prior year.

Is it a seller's or buyer's market in OAKLAND, CA 94602?

Based on current inventory and days-on-market data as of February 2026, OAKLAND, CA 94602 is currently a Balanced Market. Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 25 days on market compared to 21 days last year.

How much can I save on real estate commission in OAKLAND, CA?

With SELL123.com's maximum 3% commission, sellers in OAKLAND, CA 94602 save an estimated $16,595 compared to a typical 5% commission on the median listing price of $829,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.