53Alpha

Oakland, CA metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Oakland, CA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+9.866
Inventory Health25%
-1.147
Affordability20%
No data
50
Economic Strength20%
No data
50
Rental Yield15%
No data
50

Where is Oakland, CA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Oakland, CA metro area is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Oakland, CA metro area housing market data

MetricValueYoY
Median Sale Price$924K▲ +1.9%
Median Days on Market23 days-5.1%
Months of Supply2.4-18.2%
Homes for Sale4,004-14.2%
Homes Sold1,634▲ +2.9%
Median Price / Sq Ft$582-2.1%
Sale-to-List Ratio102.2%▲ +0.6%

How has Oakland, CA metro area’s Alpha Score moved?

Now: 53
3-period trend
Median sale price · 12 mo

Markets like Oakland, CA metro area

Frequently asked questions

Is Oakland, CA metro area a buyer's or seller's market?

As of May 2026, Oakland, CA metro area is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Oakland, CA metro area?

The median sale price in Oakland, CA metro area is $924K, having risen 1.9% over the past year.

How affordable is Oakland, CA metro area?

Oakland, CA metro area scores 50 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Oakland, CA metro area's Alpha Score?

Oakland, CA metro area's strongest dimension is Price Momentum (66/100) and its weakest is Inventory Health (47/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Oakland, CA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.