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  1. Topfind
  2. California
  3. Berkeley
  4. 94707 Housing Market

94707 Housing Market

Median List Price

$1,395,000

Updated August 2026

Today, the 94707 ZIP code in Berkeley, CA has 9 homes for sale at a median list price of $1,395,000, typically selling in about 20 days.

94707 Housing Market Overview

Buyers in the 94707 ZIP code are looking at a median list price of $1.4M. That runs roughly 40.2% higher than Berkeley as a whole. Since February, the median price has moved down about 9.9% to $1.7M as of July. The 94707 ZIP code has 9 active listings on the market right now. Pricing spreads from a $1.2M median for four bedroom homes to $1.9M for five bedroom homes.

94707 Area Market Pulse

Topfind Market Read

Strong Seller's Market

Sellers hold the edge right now. There is only 1.0 months of supply, and the typical home sells in about 20 days. Sellers can price with confidence, while buyers should arrive pre-approved and ready to decide quickly.

Buyer leverageBalancedSeller leverage

Median Home Price

$1.40M

↑ 27% over the past year

Chart shows the median closed sale price by month

$2.3M$2M$1.7M$1.4M
Sep 25
Dec 25
Mar 26
Jun 26

Months of Supply

Estimated time to sell all listings at the current sales pace

1.0 months of supply

Tight Supply

9 active listings against the current sales pace works out to about 1.0 months of supply.

Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
1.0
0369+

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 ~20 days.

● Tight: strong demand● Balanced: steady pace● Ample: more choice

Sales Velocity

How fast homes are selling

Fast
FastSlow0d15d30d45d60d75d90d19.7days on market

Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 32% faster than six months ago.

● <30d: Fast● 30-45d: Steady● 45d+: Slower

Inventory Distribution

Fresh Inventory

Most current listings are under 30 days old, so the mix skews toward fresh inventory.

New
Active
Aging
Stale
30-day mark4 listings<7 days3 listings7-30 days1 listings30-60 days1 listings60+ days← Selling fastSitting longer →
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities

Housing Tenure in 94707 Area

Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.

HomeownersRenters

43%

Homeowners

57%

Renters

Homeownership is 12.5 points lower than the California average (55.5%)

Higher renter rates typically mean more rental inventory and neighborhood turnover.

46,762 households (2023)

Median Price by Bedroom

Home prices generally rise with bedroom count, though not every step adds value.

3 Bed
$1.4M
4 Bed
$1.2M
5 Bed
$1.9M

Each additional bedroom adds about $250K in value on average, with larger homes seeing bigger price jumps.

Largest increase: 4 → 5 bedrooms (+$697K)

Price Reductions

Moderate Activity
1

1 listings have reduced their price

11% of active listings

Average reduction: 5.0% (~$70K)

Some sellers are adjusting prices, so there is room to negotiate on those select listings.

Browse 94707 Listings

Homes for Sale in 94707Homes for Rent in 94707Recently Sold Homes in 94707

Frequently Asked Questions about the 94707 Housing Market

What is the median home price in the 94707 ZIP code?

The median list price in the 94707 ZIP code is $1,395,000 as of August 2026, based on 9 active listings.

Is the 94707 ZIP code a buyer's market or a seller's market?

The 94707 ZIP code currently reads as a seller's market. Active inventory works out to about 1.0 months of supply at the recent sales pace.

How fast do homes sell in the 94707 ZIP code?

The average home currently for sale in the 94707 ZIP code has been on the market for 20 days.

Are home prices in the 94707 ZIP code going up or down?

The median sale price in the 94707 ZIP code is up about 26.8% compared with a year ago.

How many homes are for sale in the 94707 ZIP code?

There are 9 homes for sale in the 94707 ZIP code right now, including 4 listed within the last week.

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