Piedmont Avenue, Oakland Housing Market · 2026

Data through Aug 2026

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

Piedmont Avenue, Oakland Market Snapshot

Piedmont Avenue is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 25 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$957K
▲ Up 27.6% from August 2025
Up $207K from August 2025
Homes Sold
25
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$6,419/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$5,239
  • Property Tax$997
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
16 days
▼ 18 fewer days than in August 2025
Homes typically sell within a month
Sale-to-List Ratio
112.8%
▲ Up from 104.6% in August 2025
Selling 13% above asking
% Sold Over Asking
66%
66% of homes sold above their asking price
Active Listings
15
▼ Down 31.6% from August 2025
About 1.9 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Piedmont Avenue.

Median Sale Price
Up 27.6% year-over-year in Piedmont Avenue. Based on 25 sales in the last 3 months.
Homes Sold
19% more homes sold than a year ago in Piedmont Avenue.
Total Monthly Payment
Estimated monthly cost is up 28% from a year ago in Piedmont Avenue, 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 Piedmont Avenue, Oakland

Is now a good time to buy in Piedmont Avenue, Oakland?

Piedmont Avenue, Oakland is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

How do Piedmont Avenue, Oakland home prices compare to the Bay Area average?

At $957K, Piedmont Avenue, Oakland's median sits about 46% below the Bay Area average of $1.78M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Piedmont Avenue, Oakland is one of the more accessible corners of the Bay Area.

Within Oakland, this area trades about 18% above the city-wide median of $809K.

By home type:

  • Condos at $340K
  • Single-family homes at $1.55M
What price range should I budget for in Piedmont Avenue, Oakland?

Prices in Piedmont Avenue, Oakland depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Condos at $340K
  • Single-family homes at $1.55M

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 Piedmont Avenue, Oakland for buyers?

Piedmont Avenue, Oakland is one of the Bay Area's more competitive markets:

  • Homes sell about 13% above asking on average
  • 66% close above list price
  • 16 days typical time to go pending
  • 18% of listings have had a price reduction

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

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

At $957K with 20% down at 7.28%, your estimated total monthly cost is approximately $6,419:

  • $5,239 principal and interest
  • $997 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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