The story of this market
The typical home in ZIP 94607 sells for about $487,000, or $487 per square foot.
Prices are down 10.1% from a year ago, which gives buyers more room to negotiate. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,014 a month.
ZIP 94607
The 94607 housing market is currently experiencing a correction, with median prices declining year-over-year as inventory levels remain elevated. High interest rates and affordability constraints are driving a shift toward a more buyer-friendly environment compared to previous years. Market activity remains competitive in specific pockets, but overall sentiment is tempered by broader economic uncertainty.
This area is best suited for urban-dwelling commuters and young professionals who prioritize transit access and proximity to the San Francisco employment core over traditional suburban amenities.
Median prices moved down 10.1% year over year.
Homes spend a median of 84 days on market with 1.4 months of supply — a fast-moving market.
13% 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 7.4% · poverty 19.4% — a mixed stability 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 1.4%/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 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 94607, Alameda County CA
The area experiences higher rates of property and violent crime compared to the national average, consistent with urban trends in the broader Oakland metropolitan region.
Public schools in the area are part of the Oakland Unified School District, which faces ongoing challenges with performance metrics and resource allocation compared to suburban districts.
The area is subject to standard urban risks, including seismic activity common to the Bay Area and localized flood risks in low-lying waterfront zones.
Economic momentum is driven by proximity to the Port of Oakland and ongoing redevelopment efforts in the West Oakland and Jack London Square corridors.
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%).
Residents benefit from excellent access to the West Oakland BART station, providing rapid transit to San Francisco and throughout the East Bay, alongside proximity to I-880 and I-580.
The ZIP features proximity to the Oakland waterfront, the Bay Trail for cycling, and various local parks, with extensive dining and shopping options in nearby Jack London Square.
The rental market is characterized by high demand and significant inventory of multi-family units, with rent trajectories influenced by the broader Bay Area economic climate.
The economy is anchored by logistics, shipping via the Port of Oakland, and a growing tech and creative sector attracted by proximity to San Francisco.
The area is a primary transit hub served by BART, AC Transit, and major highway interchanges connecting the East Bay to the Peninsula.
Ongoing development focuses on high-density residential and mixed-use projects near transit corridors to address housing demand.
Parcels are subject to various special assessments including school district bonds and municipal utility district fees.
Property insurance premiums are rising due to regional wildfire risks and general market volatility in California.
Data retrieved from Census Bureau ACS 5-year profiles for ZCTA 94607.
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 Concord3.717.8 mi
- Children's Fairyland4.52.6 mi
- Urban Air Trampoline and Adventure Park4.418.3 mi
- Dave & Buster's Daly City4.113.3 mi
- Round1 Bowling & Arcade - San Francisco3.511 mi
- Chase Center4.75.4 mi
- Oracle Park4.75.1 mi
- Palace of Fine Arts4.87.7 mi
- Moscone Center4.55.5 mi
- Exploratorium4.74.9 mi
- PIER 394.65.6 mi
- Oracle Park4.75.1 mi
- Golden Gate Bridge4.89.3 mi
- The Painted Ladies4.47.3 mi
- Fisherman's Wharf4.65.9 mi
- PIER 394.65.6 mi
- Ferry Building4.64.8 mi
- Golden Gate Bridge4.89.3 mi
- The Painted Ladies4.47.3 mi
- California Academy of Sciences4.69.1 mi
- Golden Gate Park4.810 mi
- Mission Dolores Park4.77.5 mi
- Oakland Zoo4.69.9 mi
- Twin Peaks4.78.7 mi
- Union Square4.45.7 mi
- PIER 394.65.6 mi
- Jack London Square4.52.2 mi
- St. Francis Yacht Club4.77.6 mi
- Pier 404.54.8 mi
- Richmond Yacht Club4.87.8 mi
- Presidio Golf Course4.58.4 mi
- The Olympic Club4.712.5 mi
- Corica Park Golf Course4.26.6 mi
- TPC Harding Park4.311.8 mi
- Monarch Bay Golf Club4.110.4 mi
- PIER 394.65.6 mi
- Ferry Building4.64.8 mi
- Stonestown Galleria4.311 mi
- Berkeley Bowl West4.72.9 mi
- H Mart San Francisco4.511.3 mi
- San Francisco International Airport4.314 mi
- Oakland San Francisco Bay Airport4.28.1 mi
- Elevation LVK4.327.9 mi
- Seaplane Adventures4.812.1 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 waterfront destination featuring restaurants, shops, and ferry access.
A major economic anchor and landmark for the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.