Market Overview
Home Prices in Berkeley, CA
The median home value in Berkeley, CA is $1,478,916 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and down 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Berkeley are priced261% above average. Berkeley is part of the San Francisco-Oakland-Berkeley, CA metro area.
Over the past five years, Berkeley home values have fallen by approximately1.6%, reflecting softening conditions in this market.
Price History
Berkeley Home Price Trend
City Comparison
Berkeley vs. National Median
At $1,478,916, homes in Berkeley cost 261% above the national median of $410,000. Buyers in Berkeley should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Berkeley?
20% Down Payment
$295,783
on $1,478,916
Monthly P&I
$7,713/mo
30-yr @ 6.8%
Total Monthly Est.
~$9,796/mo
incl. taxes & insurance
Income Needed
$391,840
gross annual (30% rule)
10% Down Option
$147,892
+ PMI applies
Loan Amount (20% dn)
$1,183,133
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Berkeley, CA?
The median home value in Berkeley is $1,478,916 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Berkeley?
Over the past year, home values in Berkeley have increased by 2.6%. Over five years, prices have fallen approximately 1.6%.
How much do I need to earn to buy a home in Berkeley?
To comfortably afford the median home price of $1,478,916 with a 20% down payment ($295,783) at today's rates (6.8%), you'd need a gross annual income of approximately $391,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Berkeley compare to the national average home price?
The national median home value is approximately $410,000. At $1,478,916, homes in Berkeley are 261% above the national average.
What metro area is Berkeley part of?
Berkeley is part of the San Francisco-Oakland-Berkeley, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.