Market Intelligence · CA / Berkeley

Berkeley, CA 94705 Housing Market

The typical home value in Berkeley 94705 is $2,028,230, up 3.9% over the past year. The median list price stands at $1,672,000, with homes spending a median of 37 days on market.

Updated August 2026Median value$1975K

The median home value in Berkeley, CA 94705 is $1.98M as of August 2026, up 6.0% 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 94705 range

$1.82M to $2.13M

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

+6.0% over 12 months

Typical home value in 94705 over the last 12 months: $1.86M in Aug 2025 to $1.98M in Aug 2026 (+6.0%).

Aug 2025$1.86M

Aug 2026$1.98M

The numbers

What is the 94705 housing market like?

Typical home value

$1.98M

Up6.0%YoY

Median list price

$1.67M

Down5.1%MoM

Days on market

37

Up60.9%MoM

Homes for sale

10

Down23.1%MoM

Price cuts

0.0%

Down100.0%MoM

New listings

4

Down50.0%MoM

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

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The comparison

How do 94705 home prices compare?

  • 94705$1,975,018
  • 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 94705 has 10 homes currently for sale with 4 new listings as of August 2026. The median days on market of 37 suggests a moderate pace of sales activity. No listings have seen price cuts so far, which aligns with the area's year-over-year value gains. For sellers, the relatively limited inventory and absence of competitive price reductions indicate steady demand, though the moderate time on market suggests patience will be needed to find the right buyer.

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