Berkeley, CA Housing Market
Median List Price
$995,000
Updated August 2026
Today, Berkeley has 75 homes for sale at a median list price of $995,000, typically selling in about 31 days.
Berkeley Market Analysis
Berkeley, CA currently shows a median list price of $995,000. There are 75 homes currently listed for sale in Berkeley, CA. 37 new listings came on the market in the last 30 days.
One bedroom homes are the most affordable tier at a median of $574,500, while four bedroom homes top the range at $1.9M. The housing stock skews toward single family homes, at about 58.7% of active listings, with condos accounting for another 40.0%. Over the last six months, the median price has risen about 13.0%, from $1.4M in February to $1.5M in July. Median pricing works out to $762 per square foot.
Median time from listing to accepted offer is about 14 days. That is a quick turnaround, so buyers who wait on a well priced home often miss it. Berkeley, CA covers eight ZIP codes, among them 94709, 94702, and 94710.
Berkeley Rental Market
Berkeley, CA currently shows a median asking rent of $2,850. There are 13 homes currently listed for rent in Berkeley, CA. Over the last six months, the median rent has risen about 81086.4%, from $2,950 in January to $2.4M in June.
Berkeley Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.5 months of supply, and sale prices are up 17% over the last six months and 10% over the past year. At the same time, 27% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers can price with confidence, while buyers should arrive pre-approved and ready to decide quickly.
Median Home Price
$995K
↑ 10% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
1.5 months of supply
Tight Supply75 active listings against the current sales pace works out to about 1.5 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~31 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 25% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Berkeley
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
43%
Homeowners
57%
Renters
Homeownership is 12.5 points lower than the California average (55.5%)
46,762 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $406K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$997K)
Price Reductions
20 listings have reduced their price
27% of active listings
Average reduction: 12.3% (~$122K)
Browse Berkeley Listings
Frequently Asked Questions about the Berkeley, CA Housing Market
What is the median home price in Berkeley, CA?
The median list price in Berkeley is $995,000 as of August 2026, based on 75 active listings.
Is Berkeley a buyer's market or a seller's market?
Berkeley currently reads as a strong seller's market. Active inventory works out to about 1.5 months of supply at the recent sales pace.
How fast do homes sell in Berkeley?
Homes that closed in the last 90 days typically went under contract in about 14 days. The average home currently for sale has been on the market for 31 days.
Are home prices in Berkeley going up or down?
The median sale price in Berkeley is up about 10.2% compared with a year ago.
How many homes are for sale in Berkeley, CA?
There are 75 homes for sale in Berkeley right now, including 10 listed within the last week.
What is the median rent in Berkeley?
The median asking rent in Berkeley is $2,850 per month, across 13 active rental listings.