Oakley, CA—94561
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oakley, CA
As of Oct '25, the median home price in Oakley, CA is $656,000, with a year-over-year change of -4.9%. This indicates that home prices in Oakley, CA are decreasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $656,000 | -4.9% |
| Single Family | $658,000 | -4.9% |
| Condos | $391,000 | 0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $460,000 | -5.0% |
3 Bed | $593,000 | -5.3% |
4 Bed | $688,000 | -4.7% |
| 5 Bed | $797,000 | -4.8% |
% of Housing Stock
Rental Trends — Oakley, CA
As of July '25, Rentcast reports the average rent in Oakley, CA is $3,110, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Oakley, CA is 1-bedrooms: $1,630, 2-bedrooms: $2,300, 3-bedrooms: $3,410, 4-bedrooms: $3,400. The most common rental property sizes in Oakley, CA are 3-bedroom and 2-bedroom, accounting for 43.5% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,250 | $3,110 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,670 | $1,630 |
| 2 Bed Rent | $2,300 | $2,300 |
| 3 Bed Rent | $3,200 | $3,410 |
| 4 Bed Rent | $3,350 | $3,400 |
% of Rental Stock
Property Listings — Oakley, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Oakley, CA is 42. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $720,000 | -3.0% |
Listing Count | 133 | 6.0% |
| Listings as % of Homes | 0.7% | 6.0% |
Days on Market | 42 | 17.0% |
Demographics — Oakley, CA
As of the latest ACS Survey released in 2023, Oakley, CA has a population of 45,400, which has increased by 8.3% over the past 5 years. Oakley, CA is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,400 | 8.3% |
% Under 18 | 24.3% | -15.9% |
% Seniors | 10.8% | 17.4% |
% WFH | 14.4% | 220.0% |
% w/ College Degree | 23.1% | 23.5% |
As of the latest ACS Survey released in 2023, Oakley, CA is a predominantly white area, with 42.5% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Oakley, CA is hispanic, making up 33.7% of the population. Foreign-born residents account for 17.6% of the population in Oakley, CA, and this percentage has increased by 0.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 42.5% | -3.4% |
% Black | 8.8% | 7.3% |
% Hispanic | 33.7% | -7.2% |
% Asian | 9.3% | 47.6% |
% Foreign Born | 17.6% | 0.6% |
Mortgage and Risk — Oakley, CA
According to HUD data as of 2023, there were 870 mortgage originations in Oakley, CA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Oakley, CA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 870 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Oakley, CA
As of 2024, the percent of homes in Oakley, CA under the Section 8 program is 10.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Oakley, CA, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 476 |
Total Units Section 8 | 386 |
% Rentals under Section 8 | 10.5% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $380 | $1,670 | $2,050 |
| 2 Bedroom | $200 | $2,300 | $2,500 |
| 3 Bedroom | $0 | $3,200 | $3,200 |
| 4 Bedroom | $450 | $3,350 | $3,800 |
Affordability — Oakley, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $656,000 |
| Median Household Income | $131,000 |