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Updated May 2026 · Redfin

Oakland vs San Jose: real estate market, May 2026

Analysis by , Founder & CEO, INEYA Studio — data updated May 2026 from the Redfin Data Center.

A side-by-side housing-market snapshot for Oakland, CA and San Jose, CA for May 2026: Oakland at a $928K median versus $1.4M in San Jose, plus days on market and the buyer-vs-seller balance, straight from the Redfin Data Center.

Oakland vs San Jose · May 2026 · value with YoY · Source: Redfin
MetricOakland, CASan Jose, CA
Median sale price$928K ▲ +8.8%$1.4M ▼ -6.5%
Days on market20 ▼ -13.0%20 ▲ +42.9%
Homes for sale691 ▼ -29.8%1,084 ▲ +5.3%
Sale-to-list113.7% ▲ +5.6%102.7% ▼ -0.4%
Months of supply2.7 ▼ -34.1%2.0 ▼ -4.8%
Homes sold252 ▲ +5.0%536 ▲ +10.3%

Figures from Redfin Data Center. Verify against your MLS before posting.

The verdict

As of May 2026, Oakland is the more affordable of the two at a $927,500 median sale price, about 34% below San Jose ($1,402,500). Oakland is the faster-moving market, with homes going under contract in about 20 days versus 20 in San Jose.

Which market fits your client?

For a buyer client, Oakland offers a little more breathing room, with 2.7 months of supply against 2.0 in San Jose, which usually means less bidding pressure. For a seller client, San Jose is the tighter market, with a 102.7% sale-to-list ratio. On price momentum, Oakland is appreciating faster (+8.8% vs -6.5% year over year).

How we compare these markets

We built LOKAL to pull Oakland's and San Jose's numbers straight from the Redfin Data Center, so an agent and a client compare like for like. For May 2026 we recorded a $928K median in Oakland and a $1.4M median in San Jose, against roughly $852K a year earlier in 2025. Redfin has published this market data monthly since 2020, which is what lets us show year-over-year change here in 2026. For complementary demographics on each metro — population, median household income — see the U.S. Census Bureau. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.

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LOKAL builds the finished carousel, story and square, with these Redfin figures already in place, for Oakland or San Jose.

Full Oakland and San Jose market updates

Oakland, CA market update San Jose, CA market update All California metros

Frequently asked

Is Oakland or San Jose more affordable?
As of May 2026, Oakland is the more affordable market at a $927,500 median sale price, about 34% below San Jose ($1,402,500), per the Redfin Data Center.
Which market moves faster, Oakland or San Jose?
Oakland moves faster: a typical listing goes under contract in about 20 days, versus 20 days in San Jose (May 2026).
Is Oakland or San Jose better for buyers right now?
Oakland gives buyers a little more room, with 2.7 months of supply versus 2.0 in San Jose. More months of supply usually means less competition and more negotiating leverage for buyers.
Where do these Oakland and San Jose numbers come from?
Both metros draw on the Redfin Data Center, refreshed monthly. LOKAL turns the figures into a ready-to-post carousel, story and square for either city. LOKAL is not affiliated with Redfin; always verify against your local MLS before quoting figures to clients.

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Data: Redfin · Redfin Data Center. Figures are metro-level snapshots, not valuations for a specific home.