Home ValuePros

Market Intelligence · CA / Berkeley

Berkeley, CA 94708 Housing Market

Homes in Berkeley's 94708 ZIP typically value around $1,635,993, up 2.7% over the past year. The median list price is $1,642,500, and homes are moving quickly at a median of 11 days on market.

Updated August 2026Median value$1608K

The median home value in Berkeley, CA 94708 is $1.61M as of August 2026, up 4.7% 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 94708 range

$1.48M to $1.74M

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

+4.7% over 12 months

Typical home value in 94708 over the last 12 months: $1.54M in Aug 2025 to $1.61M in Aug 2026 (+4.7%).

Aug 2025$1.54M

Aug 2026$1.61M

The numbers

What is the 94708 housing market like?

Typical home value

$1.61M

Up4.7%YoY

Median list price

$1.64M

Up12.3%MoM

Days on market

11

Down60.7%MoM

Homes for sale

10

Up25.0%MoM

Price cuts

0.0%

New listings

16

Up166.7%MoM

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

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The comparison

How do 94708 home prices compare?

  • 94708$1,607,594
  • 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

The 94708 market is showing strength. There are 10 homes currently for sale with 16 new listings as of August 2026, indicating steady inventory turnover. Homes are spending a median of 11 days on market before going under contract. No listings have seen price cuts, which aligns with the year-over-year appreciation of 2.7%. For sellers, the combination of quick absorption and no discounting suggests a balanced market where pricing matters but urgency favors prepared sellers.

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