The Oakland housing market is very competitive. The median sale price of a home in Oakland was $920K last month, up 17.9% since last year. The median sale price per square foot in Oakland is $373, down 5.9% since last year.
In May 2025, Oakland home prices were up 17.9% compared to last year, selling for a median price of $920K. On average, homes in Oakland sell after 46 days on the market compared to 48 days last year. There were 7 homes sold in May this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$920,000
+17.9% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Oakland, NJ
$920,000
+17.9%
United States
To compare other locations to the Oakland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Oakland's median sale price is 78% higher than the national average. Overall cost of living in Oakland is 20% higher than the national average. Learn which home features in Oakland add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Oakland
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Oakland housing market?
Oakland is very competitive. Homes sell in 45.5 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 6% above list price and go pending in around 46 days.
Hot homes
can sell for about 13% above list price and go pending in around 16 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
105.4%
-0.74 pt YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Oakland, NJ
105.4%
-0.74 pt
United States
Oakland Migration & Relocation Trends
In Feb '25 - Apr '25, 31% of Oakland homebuyers searched to move out of Oakland, while 69% looked to stay within the metropolitan area.
Where are people moving to Oakland from?
Across the nation, 3% of homebuyers searched to move into Oakland from outside metros.
Los Angeles homebuyers searched to move into Oakland more than any other metro followed by Vineyard Haven and Spokane.
Where are people from Oakland moving to?
69% of Oakland homebuyers searched to stay within the Oakland metropolitan area.
Miami was the most popular destination among Oakland homebuyers followed by Philadelphia and Boston.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
View houses in Oakland that sold recently
Recently sold homes
SOLD JUL 3, 2025
$650,000 Last Sold Price
4 beds
2 baths
—sq ft
190 Hiawatha Blvd, Oakland, NJ 07436
Keller Williams Village Square Realty - Wyckoff Prominent Properties Sotheby's International Realty-Tenafly
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Oakland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oakland.
Flood Factor - Moderate
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oakland has a moderate risk of flooding. 877 properties in Oakland are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Oakland. Flood risk is increasing slower than the national average.
83% of properties are at risk of wildfire over the next 30 years
Fire Factor
Oakland has a moderate risk of wildfire. There are 4,209 properties in Oakland that have some risk of being affected by wildfire over the next 30 years. This represents 83% of all properties in Oakland.
50% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Oakland has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Oakland is most at risk from hurricanes. 2,562 properties in Oakland have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 83 mph.