94709 is an average-sized zip code in California that has seen an 8.0% increase in population over the last 10 years. It also has a total population of 11,577. The 94709 zip code is made up of homes that are older than most with a median of 65 years. Leading the list of top schools in the zip code are Berkeley Arts Magnet at Whittier and Martin Luther King Middle School.
The 94709 zip code has some of the more expensive homes in the state with a median home value of $549,500 and a current average list price of $764,955. Home sales in the 94709 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they plummeted 71.4% to two homes sold over the last 30 days.
A one-bedroom condo valued around $572,286 is considered a typical dwelling in the 94709 zip code. If a buyer was looking for a similar home, they would need good credit and a $114,457 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $4,168 and the property tax rate is $7.10 per $1,000 of taxable assessed value.
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