Hoover-Foster, Oakland Housing Market · 2026

Data through Aug 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Hoover-Foster, Oakland Market Snapshot

Hoover-Foster offers real opportunities for buyers, and the balance keeps tilting their way:

Based on 8 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$754K
▲ Up 17.9% from August 2025
Up $114K from August 2025
Homes Sold
8
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$5,094/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$4,125
  • Property Tax$785
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
62 days
▲ 14 more days than in August 2025
Buyers have time to decide
Sale-to-List Ratio
97.8%
▼ Down from 106.3% in August 2025
Selling 2% below asking
% Sold Over Asking
25%
Only 25% sold above asking. Few bidding wars right now
Active Listings
9
▼ Down 14.0% from August 2025
About 3.2 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Hoover-Foster.

Median Sale Price
Up 17.9% year-over-year in Hoover-Foster. Based on 8 sales in the last 3 months.
Homes Sold
20% fewer homes sold than a year ago in Hoover-Foster.
Total Monthly Payment
Estimated monthly cost is up 18% from a year ago in Hoover-Foster, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 7.28%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Hoover-Foster, Oakland

Is now a good time to buy in Hoover-Foster, Oakland?

Hoover-Foster, Oakland is a buyer's market. Extended market times, price reductions, and motivated sellers give buyers strong negotiating leverage. Well-structured offers below asking can succeed here.

How do Hoover-Foster, Oakland home prices compare to the Bay Area average?

At $754K, Hoover-Foster, Oakland's median sits about 58% below the Bay Area average of $1.78M. Hoover-Foster, Oakland is among the most accessible parts of the Bay Area.

This is close to the Oakland city-wide median of $809K.

By home type:

  • Condos at $317K
  • Single-family homes at $783K
What price range should I budget for in Hoover-Foster, Oakland?

Prices in Hoover-Foster, Oakland depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Condos at $317K
  • Single-family homes at $783K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Hoover-Foster, Oakland for buyers?

Hoover-Foster, Oakland is a buyer's market:

  • Homes sell about 2% below asking on average
  • 25% close above list price
  • 62 days typical time to go pending

Buyer strategy: well-structured offers below asking can succeed here.

What will my total monthly cost be on a median-priced Hoover-Foster, Oakland home?

At $754K with 20% down at 7.28%, your estimated total monthly cost is approximately $5,094:

  • $4,125 principal and interest
  • $785 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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