Lakeshore, Oakland, CA—94610
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lakeshore, Oakland, CA
As of Oct '25, the median home price in Lakeshore, Oakland, CA is $1,136,000, with a year-over-year change of -9.7%. This indicates that home prices in Lakeshore, Oakland, CA are decreasing. According to Zillow, the 1-year price projection is -2.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,136,000 | -9.7% |
| Single Family | $1,447,000 | -6.7% |
| Condos | $446,000 | -15.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $374,000 | -16.5% |
2 Bed | $654,000 | -13.4% |
3 Bed | $1,388,000 | -6.8% |
4 Bed | $1,758,000 | -4.4% |
| 5 Bed | $1,954,000 | -5.5% |
% of Housing Stock
Rental Trends — Lakeshore, Oakland, CA
As of July '25, Rentcast reports the average rent in Lakeshore, Oakland, CA is $2,330, with a year-over-year rent change of -8.6%. Per bedroom, the median rent as of July '25 in Lakeshore, Oakland, CA is studios: $1,700, 1-bedrooms: $2,070, 2-bedrooms: $2,720, 3-bedrooms: $4,400, 4-bedrooms: $7,050. The most common rental property sizes in Lakeshore, Oakland, CA are 1-bedroom and 2-bedroom, accounting for 53.7% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,330 |
| Studio Rent | $1,700 | $1,700 |
| 1 Bed Rent | $2,050 | $2,070 |
| 2 Bed Rent | $2,650 | $2,720 |
| 3 Bed Rent | $3,500 | $4,400 |
| 4 Bed Rent | $6,600 | $7,050 |
% of Rental Stock
Property Listings — Lakeshore, Oakland, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lakeshore, Oakland, CA is 45. This is a increase of 18.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $619,000 | -3.0% |
Listing Count | 80 | -5.0% |
| Listings as % of Homes | 0.2% | -5.0% |
Days on Market | 45 | 18.0% |
Demographics — Lakeshore, Oakland, CA
As of the latest ACS Survey released in 2023, Lakeshore, Oakland, CA has a population of 32,700, which has increased by 3.7% over the past 5 years. Lakeshore, Oakland, CA is a moderately popular place for families, as children make up 16.1% of the population. The area has a highly educated workforce, with 73.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 35.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,700 | 3.7% |
% Under 18 | 16.1% | 23.8% |
% Seniors | 16.1% | 3.9% |
% WFH | 35.4% | 311.6% |
% w/ College Degree | 73.2% | 6.1% |
As of the latest ACS Survey released in 2023, Lakeshore, Oakland, CA is a predominantly white area, with 50.2% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Lakeshore, Oakland, CA is asian, making up 17.0% of the population. Foreign-born residents account for 18.2% of the population in Lakeshore, Oakland, CA, and this percentage has increased by 6.4% 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 | 50.2% | -2.7% |
% Black | 13.5% | -21.5% |
% Hispanic | 11.4% | 1.8% |
% Asian | 17.0% | 15.6% |
% Foreign Born | 18.2% | 6.4% |
Mortgage and Risk — Lakeshore, Oakland, CA
According to HUD data as of 2023, there were 244 mortgage originations in Lakeshore, Oakland, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Lakeshore, Oakland, CA. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 244 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Lakeshore, Oakland, CA
As of 2024, the percent of homes in Lakeshore, Oakland, CA under the Section 8 program is 2.5%. 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 units appear to be good home sizes to consider for Section 8 housing in Lakeshore, Oakland, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 276 |
Total Units Section 8 | 264 |
% Rentals under Section 8 | 2.5% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $2,050 | $2,160 |
| 2 Bedroom | -$20 | $2,650 | $2,630 |
| 3 Bedroom | -$130 | $3,500 | $3,370 |
| 4 Bedroom | -$2,600 | $6,600 | $4,000 |
Affordability — Lakeshore, Oakland, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.4 |
| Median Home Price | $1,136,000 |
| Median Household Income | $130,000 |