The Central Oakland housing market is very competitive. Homes in Central Oakland receive 3 offers on average and sell in around 19 days. The median sale price of a home in Central Oakland was $580K last month, down 4.9% since last year. The median sale price per square foot in Central Oakland is $596, down 0.91% since last year.
What is the housing market like in Central Oakland today?
In March 2024, Central Oakland home prices were down 4.9% compared to last year, selling for a median price of $580K. On average, homes in Central Oakland sell after 19 days on the market compared to 40 days last year. There were 43 homes sold in March this year, up from 43 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$580,000
-4.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Central Oakland, CA
$580,000
-4.9%
United States
To compare other locations to the Central Oakland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oakland add value to a home.
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How hot is the Central Oakland housing market?
Central Oakland is very competitive. Homes sell in 16.5 days.
0
100
83
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 17 days.
Hot homes
can sell for about 9% above list price and go pending in around 12 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Lincoln Elementary School
Public • K-5 • Choice school
739
Students
10 reviews
6/10
Franklin Elementary School
Public • K-5 • Choice school
653
Students
2 reviews
3/10
Hoover Elementary School
Public • K-5 • Choice school
269
Students
5 reviews
3/10
La Escuelita Elementary School
Public • K-8 • Choice school
406
Students
10 reviews
2/10
Martin Luther King, Jr. Elementary School
Public • K-5 • Choice school
314
Students
10 reviews
Only showing 5 of
8 elementary schools.
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 Central Oakland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Oakland.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Oakland has a moderate risk of flooding. 151 properties in Central Oakland are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Central Oakland. Flood risk is increasing slower than the national average.
35% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Oakland has a moderate risk of wildfire. There are 4,402 properties in Central Oakland that have some risk of being affected by wildfire over the next 30 years. This represents 35% of all properties in Central Oakland.
Central Oakland has minimal risk of severe winds over the next 30 years
Wind Factor
Central Oakland has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.