$829,000
2221-2223 San Pablo Ave
Berkeley, CA
4 bd1 ba2,244 sqft$369/ft²
Multi-family5,249 sqft lot
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Sarah Mitchell
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Compass Real Estate · Berkeley, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Berkeley, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Berkeley, CA Housing Market & Real Estate
Strong seller's market-6.2% YoY
Housing market overview · Updated monthly ·
$1.50Mmedian sale price
How is the Berkeley, CA housing market right now?
The median home sale price in Berkeley, CA is $1.50M, down 6.2% year-over-year. Homes sell in an average of 15 days with 118 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Berkeley a buyer's or seller's market?
Strong seller's market1.7 months of supply15 avg. days on market
Berkeley, CA is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
70
Last 12 weeks
Days on market
15
Fast-moving
Active listings
118
1.7 months supply
Sale-to-list
127.6%
Above asking
What does the Berkeley housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.50M |
| Median list price | $1.15M |
| Year-over-year price change | -6.2% |
| Average days on market | 15 days |
| Active inventory | 118 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 127.6% |
| Median price per sq ft | $956/sq ft |
| Homes sold (latest month) | 70 |
| New listings (latest month) | 105 |
| Listings with a price cut | 18.6% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Berkeley by property type?
How the Berkeley, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.61M | $1,053/sq ft | 57 | 14 days |
| Condo / Co-op | $670,250 | $838/sq ft | 8 | 19 days |
| Townhouse | $1.43M | $737/sq ft | 1 | 20 days |
Source: Redfin · Updated monthly
The Berkeley housing market is currently classified as a strong seller's market with a median sale price of $1.50M. Prices have fallen 6.2% compared to last year, with homes spending an average of 15 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 13.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Berkeley
There are currently 118 homes listed for sale in Berkeley, California. The median listing price is $1.1M. Featured listings range from $829,000 to $2,695,000.
$899,000
1339 Kains Ave
Berkeley, CA
2 bd1 ba1,042 sqft$863/ft²
House3,500 sqft lot
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$968,000
1408 Henry St
Berkeley, CA
2 bd2 ba1,509 sqft$641/ft²
Townhouse7,991 sqft lot
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$995,000
777 Cragmont Ave
Berkeley, CA
2 bd3 ba1,338 sqft$744/ft²
House4,840 sqft lot
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$1,389,000
2686 Shasta Rd
Berkeley, CA
3 bd3 ba2,087 sqft$666/ft²
House6,507 sqft lot
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$1,395,000
758 Spruce St
Berkeley, CA
3 bd4 ba2,893 sqft$482/ft²
House4,510 sqft lot
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$1,400,000
1631 Belvedere Ave
Berkeley, CA
3 bd3 ba2,160 sqft$648/ft²
House2,849 sqft lot
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$1,490,000
543 Grizzly Peak Blvd
Berkeley, CA
3 bd2 ba1,578 sqft$944/ft²
House5,229 sqft lot
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$1,495,000
2144-2148 Curtis St
Berkeley, CA
4 bd2,220 sqft$673/ft²
Multi-family4,000 sqft lot
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$1,795,000
2800 Prince St
Berkeley, CA
4 bd2 ba2,060 sqft$871/ft²
House6,600 sqft lot
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$1,850,000
813 San Diego Rd
Berkeley, CA
4 bd3 ba2,528 sqft$732/ft²
House6,962 sqft lot
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$2,695,000
1400 Le Roy Ave
Berkeley, CA
4 bd4 ba3,496 sqft$771/ft²
House8,778 sqft lot
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Looking to buy in Berkeley?
Get connected with a local real estate expert — free, no obligation.
Active listings
118
Homes on market
Median list price
$1.1M
Avg. days on market
15
Days until sale
New this week
105
Newly listed
Price drops:18.6%of listings
Sale-to-list:127.6%
Who lives in Berkeley?
Population
120,223
Median income
$108,558/yr
Median age
32.9 years
Owner-occupied
43.3%
College grads
75.1%
Avg commute
29.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Berkeley?
Zillow home value
$1.48M
Zillow rent index
$3,014/mo
Price-to-rent ratio
41.0x
Price-to-income
13.7x
Source: Zillow Research
What is it like to live in Berkeley?
Berkeley is a community of approximately 120K residents with a median age of 32.9 years.The median household income is $108,558, which reflects a relatively affluent area with strong earning potential. 75.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 43.3%, showing a blend of owner and renter-occupied properties. The average commute time is 29.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Berkeley offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Berkeley?
18 schools tracked · 9,040 students
The largest public schools serving Berkeley, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Berkeley High
Grades 9-12 · 3,220 students
Martin Luther King Middle
Grades 6-8 · 866 students
Willard Middle
Grades 6-8 · 578 students
Malcolm X Elementary
Grades K-5 · 460 students
Longfellow Arts and Technology Middle
Grades 6-8 · 442 students
Berkeley Arts Magnet at Whittier
Grades K-5 · 404 students
Ruth Acty Elementary
Grades K-5 · 396 students
Washington Elementary
Grades K-5 · 389 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Berkeley, CA?
Want a head-to-head view? Compare Berkeley side-by-side with any other U.S. city using our market-comparison tool.
Is Berkeley a good real estate investment market?
For investors evaluating Berkeley, the price-to-rent ratio of 41.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Berkeley's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Berkeley's median home price.
Frequently asked questions
What is the average home price in Berkeley?
The median home sale price in Berkeley is $1.50M, down 6.2% from last year.
How long do homes stay on market in Berkeley?
Homes typically spend 15 days on market before going under contract.
What is the median income in Berkeley?
The median household income is $108,558 per year.
Is Berkeley a buyer's or seller's market?
With 1.7 months of supply, Berkeley is currently a strong seller's market.
How many homes are for sale in Berkeley?
There are currently 118 homes listed for sale in Berkeley, CA.
What is the Zillow home value estimate for Berkeley?
The Zillow Home Value Index (ZHVI) for Berkeley is $1.48M, representing the typical home value in the area.
What is the median condo price in Berkeley?
The median condo/co-op sale price in Berkeley, CA is $670,250, compared to $1.61M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Berkeley?
The median single-family home price in Berkeley, CA is $1.61M (about $1,053 per square foot).
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