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Featured local agent — El Cerrito, CA
Sarah Mitchell
Compass Real Estate · El Cerrito, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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El Cerrito, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$490,000median sale price
How is the El Cerrito, CA housing market right now?
The median home sale price in El Cerrito, CA is $490,000, down 31.5% year-over-year. Homes sell in an average of 48 days with 12 active listings. The market is currently a buyer'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 El Cerrito a buyer's or seller's market?
El Cerrito, CA is currently a buyer's market, based on 12.0 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
48
Average pace
Active listings
12
12.0 months supply
Sale-to-list
97.0%
Below asking
What does the El Cerrito housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $490,000 |
| Median list price | $859,500 |
| Year-over-year price change | -31.5% |
| Average days on market | 48 days |
| Active inventory | 12 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $586/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 6 |
| Listings with a price cut | 16.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in El Cerrito by property type?
How the El Cerrito, 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 | $490,000 | $586/sq ft | 1 | 48 days |
| Condo / Co-op | $489,000 | $531/sq ft | 2 | 68 days |
| Townhouse | $919,000 | $662/sq ft | 1 | 113 days |
Source: Redfin · Updated monthly
The El Cerrito housing market is currently classified as a buyer's market with a median sale price of $490,000. Prices have fallen 31.5% compared to last year, with homes spending an average of 48 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 9.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in El Cerrito
There are currently 12 homes listed for sale in El Cerrito, California. The median listing price is $860K.
Active listings
12
Homes on market
Median list price
$860K
Avg. days on market
48
Days until sale
New this week
6
Newly listed
Who lives in El Cerrito?
Population
5,121
Median income
$122,472/yr
Median age
35.7 years
Owner-occupied
79.4%
College grads
14.3%
Avg commute
41.8 min
Source: U.S. Census Bureau ACS
What are homes worth in El Cerrito?
Zillow home value
$1.16M
Zillow rent index
$2,667/mo
Price-to-rent ratio
36.2x
Price-to-income
9.5x
Source: Zillow Research
What is it like to live in El Cerrito?
El Cerrito is a community of approximately 5K residents with a median age of 35.7 years.The median household income is $122,472, which reflects a relatively affluent area with strong earning potential. 14.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 41.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, El Cerrito offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve El Cerrito?
8 schools tracked · 4,570 students
The largest public schools serving El Cerrito, 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.
El Cerrito High
Grades 9-12 · 1,476 students
Fred T. Korematsu Middle
Grades 7-8 · 680 students
Summit Public School K2
Grades 7-12 · 554 students
Fairmont Elementary
Grades K-6 · 530 students
Harding Elementary
Grades K-6 · 474 students
Madera Elementary
Grades K-6 · 467 students
Invictus Academy of Richmond
Grades 7-12 · 389 students
Cameron
Grade range n/a
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 El Cerrito, CA?
Want a head-to-head view? Compare El Cerrito side-by-side with any other U.S. city using our market-comparison tool.
Is El Cerrito a good real estate investment market?
For investors evaluating El Cerrito, the price-to-rent ratio of 36.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 31.5% 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 El Cerrito's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using El Cerrito's median home price.
Frequently asked questions
What is the average home price in El Cerrito?
The median home sale price in El Cerrito is $490,000, down 31.5% from last year.
How long do homes stay on market in El Cerrito?
Homes typically spend 48 days on market before going under contract.
What is the median income in El Cerrito?
The median household income is $122,472 per year.
Is El Cerrito a buyer's or seller's market?
With 12.0 months of supply, El Cerrito is currently a buyer's market.
What is the Zillow home value estimate for El Cerrito?
The Zillow Home Value Index (ZHVI) for El Cerrito is $1.16M, representing the typical home value in the area.
What is the median condo price in El Cerrito?
The median condo/co-op sale price in El Cerrito, CA is $489,000, compared to $490,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in El Cerrito?
The median single-family home price in El Cerrito, CA is $490,000 (about $586 per square foot).
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