Oakland, California.
Typical home $710,647 (+0.6% in a year), asking rent $2,758 (+10.8%). San Francisco-Oakland-Berkeley, CA metro.
to buy the typical home at today's mortgage rate — +$924 (+33%) since Jan 2020.
- 1 year
- Up $3,915 +1%
- $706,732$710,647 since Sep 2025
- 5 years
- Down $173,628 -20%
- $884,274$710,647 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Oakland$3,730
- California$3,997
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Oakland, CA rose 0.6% over the past year — slower than the nation's +1.2%.
Asking rents in Oakland, CA rose 10.8% over the past year — faster than the nation's +2.7%.
Owning the typical home in Oakland runs $2,193/mo more than renting one. The gap peaked at $3,497 in Oct 2023.
That is $4,951 a month against $2,758 rent: a $3,730 mortgage payment, plus $460 property tax and $761 insurance & upkeep.
Owning vs renting — Oakland
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$4,951
- Renting$2,758
- Mortgage only$3,730
Property tax · $460/mo 0.78% of value a year — the ACS 2020-2024 median bill over the median home value for Alameda County, CA
Insurance & upkeep · $761/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Oakland, Alameda County, California
Oakland is a city of 440,646 people in Alameda County. Half its households earn more than $101,600 a year and half less, against $129,367 across Alameda County; 13% of its people live below the poverty line. 42% of its homes are lived in by their owners and 58% are rented. Unemployment in Oakland was 5.2% in August 2026, and Alameda County had 0.9% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Oakland is a large city on the east side of San Francisco Bay, and the biggest in Alameda County. Household incomes here run below the county's, and more people live below the poverty line than a household-income picture alone might suggest. Most homes are rented rather than lived in by their owners, and a large share of adults hold a four-year degree. Winters are cool and mild, with little or no snow, and the warmest month is September.
Work. Many residents work in schools, hospitals and social care, followed by professional and business services, restaurants and hotels, and shops. Among the largest workplaces in Oakland are Oakland Unified, Alameda Health System and Southwest Airlines. Jobs across Alameda County dipped slightly last year, and unemployment in Oakland is a little lower than it was a year ago. Commutes are fairly long, and a good number of people work from home.
Things to do. A short drive away are the USS Hornet, a museum ship, and the San Francisco Museum of Modern Art. Oracle Park, a stadium, is also a short drive off. Golden Gate Park, a large garden, is a longer drive away.
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- 176,584households
- 49%of adults have a degree
- 13%below the poverty line
- 30 mintypical commute
- 26%work from home
What residents work in
Employed residents by industry, from the Census survey. Alameda County had 783,094 jobs in 2025, 0.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 60° and lows near 45°; warmest in September, with highs near 75° and lows near 57°. About 23 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Oakland Museum weather station, 3 miles away (NOAA).
Largest workplaces in Oakland
- Oakland UnifiedSchool district3,988FTE
- University of California-System Administration Central OfficeUniversity or college3,038
- Alameda Health SystemGeneral hospital3,006FTE
- Southwest AirlinesScheduled passenger air transportation2,853
- KFH - OaklandGeneral hospital2,494FTE
- FedEx 1 SALLY RIDE WAYTransportation air cargo2,269
- Children's Hosp & RES Cntr OaklandChildren's hospital2,221FTE
- East Bay Municipal Utility DistrictWater treatment and distribution2,100
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 187 workplaces with 20 or more staff, 37,532 people in all. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesVery high
- Inland floodingrelatively high in parts of OaklandRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Oakland’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Alameda County and the San Francisco-Oakland-Berkeley, CA metro.
Oakland home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Oakland$710,647
- California$761,538
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 6 Oakland listings, and the typical home goes pending in 16 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Oakland16.75%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Oakland16
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Oakland746
New listings per month
Sellers arriving at the market.
- Oakland259
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Oakland$726,721
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Oakland113.54%
Zip codes with a Oakland address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Oakland — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Oakland
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 94601 | Oakland | 53,259 | $2,216 | $553,360 |
| 94605 | Oakland | 44,103 | $2,694 | $659,248 |
| 94606 | Oakland | 39,966 | $2,543 | $593,953 |
| 94603 | Oakland | 35,742 | $2,640 | $507,514 |
| 94621 | Oakland | 33,840 | $2,412 | $445,423 |
| 94610 | Oakland | 32,628 | $2,344 | $1,200,916 |
| 94602 | Oakland | 31,759 | $2,730 | $1,012,291 |
| 94607 | Oakland | 28,804 | $2,742 | $513,751 |
| 94619 | Oakland | 26,831 | $2,938 | $832,199 |
| 94609 | Oakland | 23,928 | $2,780 | $968,042 |
| 94612 | Oakland | 18,175 | $3,158 | $530,669 |
| 94618 | Oakland | 16,958 | $2,987 | $1,653,325 |
| 94705 | Berkeley | 13,991 | $2,826 | $1,974,361 |