Housing in 94605 Oakland, CA is significantly more expensive than the US median value of $338,100. The median value in this area is an impressive $738,700. Though the US had a healthy 1 year house appreciation of 8.27%, the same cannot be said for housing in the 94605 area as it experienced a 1 year house appreciation of -2.08%. This is likely due to the significant demand for housing in this area and the large number of people seeking to live here.
The median home cost in Oakland (zip 94605) is $738,700. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Oakland (zip 94605) is up 3.5%.
Average Age of Homes
- The median age of Oakland (zip 94605) real estate is 63 years old
The Rental Market in Oakland (zip 94605)
- Renters make up 36.6% of the Oakland (zip 94605) population
- 1.4% of houses and apartments in Oakland (zip 94605), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.