Area Insights of Oakland, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 2135 homes were sold with 400 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Oakland, CA

Date

04-05-2023

Price Ratio

113%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Rockridge Montessori School

PK to TKG

Cornerstone Christian Academy

PK to 8

Seneca Family of Agencies Maya Angelou Academy

1 to 5

Middle School

Epic Charter

6 to 8

Aurum Preparatory Academy

6 to 8

Ratings

C+

High School

Latitude 37.8 High School

9 to 12

Ratings

C

Aspire Golden State College Preparatory Academy

6 to 12

Ratings

C-

Arise High School

9 to 12

Alternatives in Action

9 to 12

Civicorps Corpsmember Academy

9 to 12

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 8% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (416,138)
202,701 Male
213,437 Female
Education
15% High School
6% Associate
28% Bachelor
21% Graduate
Age

Average Age is 38 Years

Household Details

The area's household landscape is diverse, with 42% owner-occupied homes and 58% renter-occupied properties. Family households represent 55% of the population, indicating a strong community focus on family living. The average home value stands at $1,056,725, which suggests ample demand for multi-bedroom properties.

Total Households
166,526
Average home value
$1,056,725
Owned
42%
Rented
58%
Vacant
6%
Families
55%
Married
37%
With children
27%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 18% Asian, 20% Black, and 2% Native residents, alongside 29% White and 29% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 46% of households earning over $100,000 annually, while 24% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
13%
Professional
15%
Education
10%
Services
24%
Labor
15%
Retail
10%
Other
10%
Explore Listings in Oakland, CA