Market Intelligence · CA / Berkeley

Berkeley, CA 94702 Housing Market

The typical home value in Berkeley 94702 is $1,211,125, up 4.7% over the past year. The median list price stands at $937,500, with homes taking a median of 28 days to sell.

Updated August 2026Median value$1187K

The median home value in Berkeley, CA 94702 is $1.19M as of August 2026, up 7.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 94702 range

$1.09M to $1.28M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+7.1% over 12 months

Typical home value in 94702 over the last 12 months: $1.11M in Aug 2025 to $1.19M in Aug 2026 (+7.1%).

Aug 2025$1.11M

Aug 2026$1.19M

The numbers

What is the 94702 housing market like?

Typical home value

$1.19M

Up7.1%YoY

Median list price

$938K

Down1.2%MoM

Days on market

28

Up33.3%MoM

Homes for sale

13

Up18.2%MoM

Price cuts

12.9%

Up54.9%MoM

New listings

8

Flat0.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 94702 home prices compare?

  • 94702$1,187,143
  • Berkeley$1,302,153
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Berkeley: 8 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

Berkeley 94702 has 13 homes for sale, with 8 new listings added recently. The median time on market is 28 days, indicating a measured pace of sales activity. About 12.9% of listings have seen price cuts, which reflects some seller adjustments in the current market. The gap between typical home value and median list price suggests variation across the neighborhood. For sellers, the data points to a balanced market where pricing strategy and property condition matter significantly.

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