The story of this market
The typical home in ZIP 94618 sells for about $1,635,000, or $648 per square foot.
Prices are up +10.5% from a year ago, so sellers still have some momentum. Homes take about 16 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,450 a month.
ZIP 94618 — Oakland
The 94618 housing market remains highly competitive with low inventory and strong price appreciation, driven by its desirability as an established residential enclave. While sales volume is modest, the median price has seen significant year-over-year growth, reflecting sustained demand for limited housing stock. Market conditions are stable, with homes selling quickly in a high-barrier-to-entry environment.
This ZIP is ideal for affluent family buyers and professionals seeking established, scenic neighborhoods with high-quality schools and proximity to major East Bay employment centers.
Median prices moved up 10.5% year over year.
Homes spend a median of 16 days on market with 0.5 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 4.8% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 94618, Alameda County, CA
The area generally experiences lower crime rates compared to the broader Oakland city average, though property crime remains a regional concern.
The area is served by highly-rated public schools within the Oakland Unified School District.
The region faces moderate wildfire risk and standard seismic considerations common to the East Bay hills.
Economic momentum is driven by proximity to the Oakland and Berkeley employment hubs, with limited new residential development due to topography.
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 typically commute via Highway 13 or local transit connections toward downtown Oakland and the broader San Francisco Bay Area employment core.
The ZIP features extensive access to regional parks and trails, including the Claremont Canyon Regional Preserve and nearby golf facilities.
The rental market is characterized by high demand and limited inventory, with rents reflecting the area's desirability and proximity to UC Berkeley.
The local economy is anchored by proximity to the University of California, Berkeley, and the diverse professional services sector in Oakland.
The area is served by major highway corridors including Highway 13 and Highway 24, providing access to the broader Bay Area transit network.
Development is largely constrained by geography, with most activity focused on residential renovations rather than large-scale new construction.
The Alameda County Assessor manages property valuations in accordance with state-mandated assessment cycles and Proposition 13 limitations.
Parcels are subject to Oakland Unified School District taxes and various regional utility and flood control district assessments.
Property insurance premiums are influenced by regional wildfire risk factors and the general California market climate.
Data retrieved from US Census Bureau ZCTA-level tables and local market reports.
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 Concord3.713.6 mi
- Children's Fairyland4.52.6 mi
- Urban Air Trampoline and Adventure Park4.414.1 mi
- Dave & Buster's Daly City4.117.4 mi
- Round1 Bowling & Arcade - San Francisco3.515.3 mi
- Chase Center4.79.6 mi
- Oracle Park4.79.4 mi
- Palace of Fine Arts4.811.7 mi
- Moscone Center4.59.7 mi
- Exploratorium4.79.1 mi
- PIER 394.69.6 mi
- Oracle Park4.79.4 mi
- The Painted Ladies4.411.5 mi
- Fisherman's Wharf4.69.9 mi
- Chinatown San Francisco4.39.8 mi
- PIER 394.69.6 mi
- Ferry Building4.69 mi
- Golden Gate Bridge4.813.1 mi
- The Painted Ladies4.411.5 mi
- California Academy of Sciences4.613.4 mi
- Mission Dolores Park4.711.7 mi
- Oakland Zoo4.68.4 mi
- Twin Peaks4.713 mi
- Union Square4.49.9 mi
- Presidio Tunnel Tops4.912.1 mi
- Jack London Square4.54 mi
- Encinal Yacht Club4.74.4 mi
- Emery Cove Yacht Harbor4.63.8 mi
- Berkeley Yacht Club4.54.5 mi
- Berkeley Marina, Dock K4.54.3 mi
- Corica Park Golf Course4.27.3 mi
- Presidio Golf Course4.512.6 mi
- Monarch Bay Golf Club4.110.5 mi
- Tilden Park Golf Course4.13.2 mi
- Lake Chabot Golf Course4.29.8 mi
- PIER 394.69.6 mi
- Ferry Building4.69 mi
- Berkeley Bowl West4.72.8 mi
- Berkeley Bowl Marketplace4.61.8 mi
- Macy's4.39.9 mi
- San Francisco International Airport4.317.4 mi
- Oakland San Francisco Bay Airport4.28.7 mi
- Elevation LVK4.325.1 mi
- Seaplane Adventures4.815.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large regional park offering extensive hiking trails and scenic views.
Historic landmark hotel and club serving as a major local anchor.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.