Market Intelligence · CA / Berkeley

Berkeley, CA 94708 Housing Market

In Berkeley 94708, the typical home value is $1,627,180, up 6.1% over the past year as of September 2026. The median list price is $1,495,000, and homes spend a median of 17 days on market.

Updated September 2026Median value$1627K

The median home value in Berkeley, CA 94708 is $1.63M as of September 2026, up 6.1% 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 94708 range

$1.5M to $1.76M

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

+6.1% over 12 months

Sep 2025$1.53M

Low $1.53MHigh $1.63M

Sep 2026$1.63M

The numbers

What is the 94708 housing market like?

As of September 2026

Typical home value

$1.63M

6.1%YoY

Median list price

$1.5M

9.0%MoM

Days on market

54.5%MoM

Homes for sale

70.0%MoM

Price cuts

5.0%

New listings

0.0%MoM

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

The outlook

94708 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94708 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 94708 rose 6.1%, per the Zillow Home Value Index.

Will home prices drop in 94708?

Zillow's forecast does not call for a drop: it expects typical home values in 94708 to rise 1.5% by September 2027, after a 6.1% 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 94708 home prices compare?

94708$1,627,180
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

As of September 2026, Berkeley 94708 had 17 homes for sale and 16 new listings, so choice is limited even with fresh supply coming on. The median list price is $1,495,000, while the typical home value is $1,627,180, up 6.1% over the past year. A median of 17 days on market points to quick decisions when a home is priced well. Only 5.0% of listings show a price cut, which suggests most sellers are still holding close to their ask. For a seller, the opening price matters more than the test price.

Monthly payment

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Home price

Down payment20% · $325,436

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Common questions

What people ask us.

How much is a home in 94708 worth?

The typical home value is $1,627,180, up 6.1% over the past year as of September 2026. The median list price is $1,495,000.

How fast are homes selling in 94708?

Homes spend a median of 17 days on market as of September 2026. There were 17 homes for sale and 16 new listings.

Are sellers cutting prices in 94708?

As of September 2026, 5.0% of listings had a price cut.

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