Home ValuePros

Market Intelligence · CA / Berkeley

Berkeley, CA 94704 Housing Market

The typical home value in Berkeley's 94704 ZIP is $1,149,055, up 0.2% over the past year. The median list price sits at $707,500, with homes spending a median of 58 days on market.

Updated August 2026Median value$1133K

The median home value in Berkeley, CA 94704 is $1.13M as of August 2026, up 1.7% 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 94704 range

$1.04M to $1.22M

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

+1.7% over 12 months

Typical home value in 94704 over the last 12 months: $1.11M in Aug 2025 to $1.13M in Aug 2026 (+1.7%).

Aug 2025$1.11M

Aug 2026$1.13M

The numbers

What is the 94704 housing market like?

Typical home value

$1.13M

Up1.7%YoY

Median list price

$708K

Down1.4%MoM

Days on market

58

Down12.1%MoM

Homes for sale

12

Down7.7%MoM

Price cuts

54.5%

Up152.1%MoM

New listings

4

Flat0.0%MoM

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

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The comparison

How do 94704 home prices compare?

  • 94704$1,133,116
  • 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

There are 12 homes for sale in this area as of August 2026, with 4 new listings recently added. The median time on market is 58 days. A notable figure: 54.5% of current listings have seen a price cut, suggesting sellers are adjusting expectations. With a modest year-over-year gain of 0.2%, the market is moving sideways. Sellers should expect a patient, competitive environment where pricing strategy matters more than timing.

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20% · $226,623

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