Home ValuePros

Market Intelligence · CA / Berkeley

Berkeley, CA 94704 Housing Market

The typical home in Berkeley's 94704 ZIP code is worth $1,149,055, up 0.2% over the past year. The median list price sits at $717,500, with homes taking a median of 66 days to sell.

Updated August 2026Median value$1149K

The median home value in Berkeley, CA 94704 is $1.15M as of August 2026, up 0.2% 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

$1.06M to $1.24M

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

+0.2% over 12 months

Typical home value in 94704 over the last 12 months: $1.15M in Jul 2025 to $1.15M in Jul 2026 (+0.2%).

Jul 2025$1.15M

Jul 2026$1.15M

The numbers

What is the 94704 housing market like?

Typical home value

$1.15M

Up0.2%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 (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

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The comparison

How do 94704 home prices compare?

  • 94704$1,149,055
  • Berkeley$1,303,121
  • California$702,086
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Berkeley: 8 ZIPs; California: 1,543 ZIPs; United States: 26,266 ZIPs).

Context

There are 13 homes for sale in 94704 as of early July 2026, with 4 new listings added recently. The median days on market of 66 suggests a slow-moving inventory. About 21.6% of listings have seen a price cut, signaling some negotiating room. The modest 0.2% year-over-year gain in typical home value reflects a cooling market. If you're thinking about selling, understand that buyers have time to shop and may expect concessions.

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20% · $229,811

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