Why Live in Merritt
Merritt, a neighborhood in Oakland, California, showcases a diverse mix of architectural styles, including narrow Victorian homes, modern duplexes, and Art Deco condo buildings. The area is known for its rental units, with single-family homes and condos ranging from $550,000 to $1.2 million. Merritt is surrounded by recreational spaces such as Pittman Green and Athol Plaza, which border Lake Merritt along Lakeshore Avenue, offering green spaces, a paved jogging trail, and tennis courts. The Lake Merritt Boating Center, about 3 miles away, provides rentals for sailing, pedalboats, and kayaks. The neighborhood is well-connected with the Lake Merritt BART Station and several Temp bus stops within walking distance, and the Oakland International Airport is approximately nine miles south. The Oakland Museum of California, located just west of Merritt, features over 100,000 square feet of gallery space and hosts community events, including free admission days and the “Off the Grid” series with live music and food trucks. Merritt is also close to downtown Oakland, home to the Fox Theater and various local retail stores, boutiques, and small shopping centers. Dining options in Merritt include Tacos Mi Rancho, Portal, Rockin Crawfish, and Rise and Grind Coffee, offering a range of cuisines and unique drink offerings.
Frequently Asked Questions
Is Merritt a good place to live?
Merritt is a good place to live. Merritt is considered very walkable and a biker's paradise with good transit options. Merritt is an urban core neighborhood. Merritt has 7 parks for recreational activities. It is very dense in population with 43.2 people per acre and a median age of 43. The average household income is $89,036 which is below the national average. College graduates make up 50.6% of residents. A majority of residents in Merritt are renters, with 93.8% of residents renting and 6.2% of residents owning their home. A
local real estate agent serving Merritt can help you decide if this neighborhood is the right one for you. Learn more on our
Merritt neighborhood guide.
How much do you need to make to afford a house in Merritt?
The median home price in Merritt is $898,500. If you put a 20% down payment of $179,700 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $4,430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $190K a year to afford the median home price in Merritt. The average household income in Merritt is $89K.
What are the best public schools in Merritt?
The best public schools that serve Merritt are:
- Edna Brewer Middle School has a B+ Niche grade, a student teacher ratio of 19:1 and an average review score of 4.4.
- Metwest High School has a B+ Niche grade, a student teacher ratio of 11:1 and an average review score of 4.1.
- Oakland High School has a B+ Niche grade, a student teacher ratio of 18:1 and an average review score of 3.4.
What are the best private schools in Merritt?
The best private schools that serve Merritt are:
What are the most popular zip codes in Merritt, Oakland, CA?
What are the most popular neighborhoods near Merritt, Oakland, CA?
Home Trends in Merritt, CA
On average, homes in Merritt, Oakland sell after 29 days on the market compared to the national average of 52 days. The median sale price for homes in Merritt, Oakland over the last 12 months is $1,050,000, up 60% from the median home sale price over the previous 12 months.
Median Sale Price
$1,050,000
Median Single Family Sale Price
$894,000
Median Townhouse Sale Price
$1,107,500
Median 2 Bedroom Sale Price
$425,000
Median 1 Bedroom Sale Price
$540,000
Average Price Per Sq Ft
$436
Number of Homes for Sale
5
Last 12 months Home Sales
11
Median List Price
$898,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
60%