Berkeley's October First-Time Homebuyer Report

Berkeley is much older than the rest of California, with a median age of 31. It's somewhat affluent as well, with a median income of $56,329 per household. Its three largest zip codes are 94704, 94703, and 94706. The Berkeley market is split evenly between detached houses and condos/townhouses, with each type currently accounting for about half the homes for sale in the area. The best schools in the city are Berkeley Arts Magnet at Whittier and Martin Luther King Middle School.

Price Range

Some of the more expensive homes in California are in Berkeley with a median home value of $630,400 and an average list price for available homes currently at $816,931. The most expensive places to live are 94705, 94707, and 94708.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Berkeley:

$549K   $469K   $1.2M  

Typical Dwelling

The typical dwelling in Berkeley is a three-bedroom detached home worth about $1,162,411. To purchase a similar home, a buyer with good credit and a $232,482 cash down payment could obtain a mortgage with a 3.95% interest rate and a $4,455 monthly payment. The property tax rate is $7.10 per $1,000 of taxable assessed value.

Get started right now by checking out Berkeley homes for sale or reviewing Berkeley real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Climb Real Estate Group
10 reviews
TAB Realty LLC
Snapped 4 homes in this area
Keller Williams Palo Alto
Snapped 1 home in this area

Agents that specialize in this area
3 snaps in this area
1 snap in this area
121 snaps in this area
1 snap in this area
277 snaps in this area
6 snaps in this area
2 snaps in this area
20 snaps in this area
1 snap in this area
14 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
with Facebook Sign-in with Twitter
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

with Facebook Sign-in with Twitter

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.