Market Intelligence · CA / Berkeley

Berkeley, CA 94705 Housing Market

In Berkeley, CA 94705, the typical home value is $1,974,361, up 7.1% over the past year as of September 2026. The median list price is $1,583,500, and homes spend a median of 21 days on market. Inventory is limited, with 15 homes for sale.

Updated September 2026Median value$1974K

The median home value in Berkeley, CA 94705 is $1.97M as of September 2026, up 7.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with 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

+7.1% over 12 months

Sep 2025$1.84M

Low $1.84MHigh $1.97M

Sep 2026$1.97M

The numbers

What is the 94705 housing market like?

As of September 2026

Typical home value

$1.97M

7.1%YoY

Median list price

$1.58M

5.3%MoM

Days on market

43.2%MoM

Homes for sale

50.0%MoM

Price cuts

10.8%

New listings

300.0%MoM

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

The outlook

94705 housing market forecast 2027

+1.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94705 to rise 1.0% by September 2027.

Over the 12 months through September 2026, typical home values in 94705 rose 7.1%, per the Zillow Home Value Index.

Will home prices drop in 94705?

Zillow's forecast does not call for a drop: it expects typical home values in 94705 to rise 1.0% by September 2027, after a 7.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 94705 home prices compare?

94705$1,974,361
Berkeley$1,290,644
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Berkeley: 8 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

Berkeley, CA 94705 had 15 homes for sale in September 2026, with 16 new listings arriving that month. The median list price was $1,583,500, while the typical home value was $1,974,361, up 7.1% over the past year. A median of 21 days on market points to steady demand, and only 10.8% of listings had a price cut. Buyers appear active, but the low share of cuts also means many sellers are starting close enough to market to avoid reductions. If you own here, the data favors a well prepared, accurately priced listing rather than waiting for a clear surge.

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Common questions

What people ask us.

How much is a home in 94705 worth?

The typical home value in Berkeley, CA 94705 is $1,974,361, up 7.1% over the past year as of September 2026.

How fast are homes selling in 94705?

Homes spent a median of 21 days on market in September 2026. Only 10.8% of listings had a price cut.

Is inventory tight in 94705 right now?

There were 15 homes for sale in September 2026, with 16 new listings that month.

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