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Oakland, NJHousing Market

Oakland is a buyer's market right now. Homes are sitting on the market for 71 days on average. With 7 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

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Written By Aditya APopular Writer
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Reviewed By Ronnie GReal Estate Broker
Oakland, NJ Housing Market Forecast 2026AI-powered forecast for prices, inventory & market trends
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
March 2026
Last updated
Live MLS Data 33 active homes tracked
Data Sources:
Monmouth Ocean Regional MLS-NJ
Oakland, NJ Real Estate Market Snapshot
MEDIAN HOME PRICE
$1,110,000↑ 0.92%
MORTGAGE RATES 30-YR
6.23%↓ 0.58%
Buyer's Market
DAYS ON MARKET
71
↑ 24.00% YoY
INVENTORY
21
↑ 0.31% YoY
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

Is Now a Good Time to Buy in Oakland? Here's What We Think

Now is a smart time to buy in Oakland. The median sale price sits at $1,110,000, a marginal change from last year, with home sales seeing no change over the same stretch. Use these numbers to figure out how much leverage you actually have at the table.
Median Sale PriceHomes SoldMedian Days on Market
Median Sale Price
$1,110,000
↑ 0.92%YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in Oakland. The median sale price is currently $1,110,000, a marginal change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Oakland
location pin
Updated MonthlyLast Updated: March 2026

Oakland Housing Market Forecast for 2026

Oakland's housing market is expected to keep favoring buyers in 2026, with modest price growth, rising inventory, and homes taking longer to sell.

Market Outlook:

  • Home prices expected to rise modestly by 2-4%, reflecting cooling demand
  • Months of supply forecast to hold near 4-6, giving buyers more choice
  • Homes being on the market longer gives buyers added leverage to negotiate price and terms

Will the Oakland Housing Market Crash in 2026?

Expert consensus points to no. Oakland is seeing steady demand with no signs of distressed selling. The market is simply rebalancing after a period of tight inventory, not heading toward a downturn. Buyers can expect more negotiating room and a wider selection through 2026.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    71 days

  • Months of Supply:

    7 months

  • Sale-to-List Ratio:

    102.32%

  • Mortgage Rates:

    Currently- 6.23% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Oakland Right Now?

Yes, buyers have plenty of options in Oakland right now. The market has 21 active listings and 7 months of supply, giving buyers more choice and negotiating power. There were 9 new listings last month, while the inventory had a marginal change year-over-year.
Homes for SaleNewly Listed HomesMonths of Supply
Homes for Sale
21
↑ 0.31%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in Oakland. There are currently 21 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Oakland
location pin
Updated MonthlyLast Updated: March 2026

Are Buyers or Sellers Controlling the Oakland Market?

Buyers currently have the upper hand in the Oakland housing market. Homes are selling for 102.32% of their asking price, and price reductions saw no change year-over-year. Frequent price cuts give buyers more room to negotiate and put pressure on sellers to compete.
Homes Sold Above List PriceHomes with Price DropsSale-to-List Ratio
Homes Sold Above List Price
33.33%
↓ 46.67%YoY
What this chart showsSold Above List
The line tracks the share of homes in Oakland selling above their asking price over time. Currently, 33.33% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Oakland
location pin
Updated MonthlyLast Updated: March 2026

Find Your Perfect Oakland Home Now

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Frequently Asked Questions

How have Oakland house prices changed over the past year?

What are Oakland real estate market predictions for 2026?

What's the average home price in Oakland?

What is a good time to buy a home in Oakland?

When will the Oakland housing market crash?

How to buy a home in Oakland?

How can I list my home for sale in Oakland, NJ?

What is the average mortgage rate for buyers in Oakland?

What is a good time to sell a house in Oakland?

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across New Jersey.

Monmouth Ocean Regional MLS-NJ
Monmouth Ocean Regional MLS-NJ
All Jersey MLS-NJ
All Jersey MLS-NJ
Bright MLS-NJ
Bright MLS-NJ
Garden State MLS-NJ
Garden State MLS-NJ
Hudson County MLS-NJ
Hudson County MLS-NJ
New Jersey MLS-NJ
New Jersey MLS-NJ

Data provided by Redfin, a national real estate brokerage.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

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Based on information from the Garden State Multiple Listing Service L.L.C. (alternatively, from the 'GSMLS') through Oct 16, 2026, 1:00 PM.This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. This representation is based in whole or in part on data supplied by the Garden State Multiple Listing Service, L.L.C. GSMLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by GSMLS may not reflect all real estate activity in the market The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
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These properties were listed and sold by various Participants of the NJMLS based on information from the New Jersey Multiple Listing Service, Inc through Oct 16, 2026, 1:00 PM. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Your Town Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information deemed reliable but not guaranteed accurate by the MLS. Last date updated: Oct 16, 2026, 1:00 PM.

Source: New Jersey Multiple Listing Service, Inc.

© 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.