Market Overview
Home Prices in Oakley, CA
The median home value in Oakley, CA is $663,739 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.4% compared to a year ago and down 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oakley are priced62% above average. Oakley is part of the San Francisco-Oakland-Berkeley, CA metro area.
Over the past five years, Oakley home values have risen by approximately0.3%, reflecting modest growth in this market.
Price History
Oakley Home Price Trend
City Comparison
Oakley vs. National Median
At $663,739, homes in Oakley cost 62% above the national median of $410,000. Buyers in Oakley should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Oakley?
20% Down Payment
$132,748
on $663,739
Monthly P&I
$3,462/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,397/mo
incl. taxes & insurance
Income Needed
$175,880
gross annual (30% rule)
10% Down Option
$66,374
+ PMI applies
Loan Amount (20% dn)
$530,991
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Oakley, CA?
The median home value in Oakley is $663,739 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.4% year-over-year.
How much have home prices changed in Oakley?
Over the past year, home values in Oakley have decreased by 2.4%. Over five years, prices have risen approximately 0.3%.
How much do I need to earn to buy a home in Oakley?
To comfortably afford the median home price of $663,739 with a 20% down payment ($132,748) at today's rates (6.8%), you'd need a gross annual income of approximately $175,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Oakley compare to the national average home price?
The national median home value is approximately $410,000. At $663,739, homes in Oakley are 62% above the national average.
What metro area is Oakley part of?
Oakley is part of the San Francisco-Oakland-Berkeley, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.