The story of this market
The typical home in ZIP 94606 sells for about $583,900, or $535 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,900 a month.
ZIP 94606 — Oakland
The 94606 housing market is currently experiencing a period of price correction, with median values showing a slight year-over-year decline. High interest rates and affordability constraints are driving longer days on market and a moderate increase in price cuts. Inventory remains tight, but buyer demand is tempered by the broader economic climate in the Bay Area.
This ZIP is well-suited for urban-dwelling commuters and renters who prioritize proximity to transit and the cultural amenities of Oakland over suburban space.
Median prices moved down 2.4% year over year.
Homes spend a median of 58 days on market with 3.5 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 12.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 94606, Alameda County CA
Crime rates in the 94606 area remain elevated compared to national averages, consistent with broader urban trends in Oakland.
Public schools serving the area are part of the Oakland Unified School District, which faces ongoing challenges with performance metrics and resource allocation.
The area is subject to standard urban risks, including seismic activity common to the Bay Area and localized flood risks in low-lying sections.
Economic momentum is driven by proximity to the Oakland central business district and ongoing transit-oriented development projects along the International Boulevard corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%). County (Alameda County, California) — Ad Valorem Property Tax: The tax is calculated by applying a composite tax rate to the assessed value of the property.
Residents benefit from proximity to AC Transit lines and easy access to I-880, providing a direct commute to downtown Oakland and San Francisco.
The area features access to local neighborhood parks and is within a short distance of the Lake Merritt recreational district and various shopping corridors along International Boulevard.
The rental market is highly competitive with a mix of older apartment stock and newer transit-oriented developments, maintaining steady demand despite fluctuating vacancy rates.
The local economy is anchored by healthcare, education, and government services in the broader Oakland metro area, with a growing focus on tech and logistics.
The area is served by the AC Transit Bus Rapid Transit (BRT) line and provides quick access to the I-880 freeway and BART stations.
Development is focused on increasing housing density near transit corridors to support regional growth targets.
The Alameda County Assessor manages property valuations, adhering to state-mandated assessment cycles and Proposition 13 limitations.
Parcels are subject to Oakland Unified School District taxes and various Alameda County special district levies for flood control and library services.
Property insurance premiums are rising due to regional wildfire risk and general market hardening in California.
Net domestic migration in California has been negative in recent years, though urban centers like Oakland continue to see turnover.
California is primarily a non-judicial foreclosure state, providing a streamlined process for lenders.
Sellers are required to provide a comprehensive Transfer Disclosure Statement covering all known material defects.
Data retrieved from Census Reporter and ACS 5-year profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Six Flags Hurricane Harbor Concord3.716.3 mi
- Children's Fairyland4.51.3 mi
- Urban Air Trampoline and Adventure Park4.416.7 mi
- Dave & Buster's Daly City4.115 mi
- Round1 Bowling & Arcade - San Francisco3.513.5 mi
- Chase Center4.78 mi
- Oracle Park4.78 mi
- Palace of Fine Arts4.811.1 mi
- Moscone Center4.58.5 mi
- Exploratorium4.78.3 mi
- PIER 394.69 mi
- Oracle Park4.78 mi
- Golden Gate Bridge4.812.8 mi
- The Painted Ladies4.410.3 mi
- Fisherman's Wharf4.69.3 mi
- PIER 394.69 mi
- Ferry Building4.68.1 mi
- Golden Gate Bridge4.812.8 mi
- The Painted Ladies4.410.3 mi
- California Academy of Sciences4.612.2 mi
- Mission Dolores Park4.710.2 mi
- Oakland Zoo4.66.3 mi
- Twin Peaks4.711.4 mi
- Union Square4.48.9 mi
- Presidio Tunnel Tops4.911.5 mi
- Jack London Square4.51.7 mi
- Pier 404.57.8 mi
- Encinal Yacht Club4.71.3 mi
- Bay View Boat Club4.87.8 mi
- South Beach Yacht Club4.57.8 mi
- Presidio Golf Course4.511.7 mi
- Corica Park Golf Course4.23.9 mi
- Monarch Bay Golf Club4.17.4 mi
- Tilden Park Golf Course4.16.6 mi
- Lake Chabot Golf Course4.27.9 mi
- PIER 394.69 mi
- Ferry Building4.68.1 mi
- Berkeley Bowl West4.74.7 mi
- Berkeley Bowl Marketplace4.64.5 mi
- Macy's4.38.9 mi
- San Francisco International Airport4.314.2 mi
- Oakland San Francisco Bay Airport4.25.4 mi
- Elevation LVK4.324.2 mi
- Seaplane Adventures4.815.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major urban lake and park system serving as a central recreational hub for Oakland.
A primary commercial corridor featuring diverse international cuisine and local retail.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.