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Claremont College Avenue (College) Downtown Elmwood North North Berkeley Hills (Berkeley Hills) Panoramic Hill Rochedale Village Southside Telegraph Avenue (Telegraph) UC Campus Area (UC Berkeley Campus)

BERKELEY, CA 94704

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 94704

Claremont · College Avenue (College) · Downtown · Elmwood · North · North Berkeley Hills (Berkeley Hills) · Panoramic Hill · Rochedale Village · Southside · Telegraph Avenue (Telegraph) · UC Campus Area (UC Berkeley Campus)

Market Analysis

Data as of February 2026. Source: Realtor.com.

The BERKELEY, CA real estate market (94704) currently shows 13 active listings, with 2 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 30 days on market compared to 56 days last year.

The median listing price has fallen 5.2% year-over-year, from $705,444 to $668,500.

Whether you are buying or selling in BERKELEY, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 25,711  ·  Density: 11,664.4/mi²  ·  Median household income: $51,696

Typical home value: $963,666  ·  Homeownership: 11.7%

Market Overview

Active Listings
13
⇧ 85.7% vs 7 last year
Pending
2
15% pending ratio
Median Price
$668,500
⇩ 5.2% vs $705,444 last year
Average Price
$772,208
⇩ 5.4% vs $815,897 last year
Days on Market
30
⇩ 46.4% vs 56 days last year

Price Per Square Foot

Median $/sqft
$852
⇧ 5.3% vs $809/sqft last year
Median Home Size
746 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 7 last year
  • Days on market: 30 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $668,500 (-5.2% YoY)
  • Average: $772,208 (-5.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.4 miles — 330 listings ($262,844,095 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94704Berkeley, CA 947040.0 mi8$5,597,336$622,500$699,667
94709Berkeley, CA 947090.9 mi5$4,415,680$697,000$883,136
94702Berkeley, CA 947021.4 mi9$9,893,997$1,095,000$1,099,333
94609Oakland, CA 946092.2 mi14$10,922,800$585,000$780,200
94707Berkeley, CA 947072.4 mi5$7,732,500$1,448,500$1,546,500
94608Emeryville, CA 946082.5 mi49$29,329,244$528,500$598,556
94611Oakland, CA 946113.4 mi47$64,029,040$1,012,000$1,362,320
94610Oakland, CA 946103.9 mi21$15,250,032$649,000$726,192
94530El Cerrito, CA 945304.3 mi14$15,807,246$891,500$1,129,089
94606Oakland, CA 946065.2 mi44$26,730,000$557,500$607,500
94804Richmond, CA 948045.8 mi61$34,028,423$552,575$557,843
94805Richmond, CA 948056.3 mi16$12,316,800$714,000$769,800
94803El Sobrante, CA 948036.4 mi37$26,790,997$755,000$724,081

Frequently Asked Questions

How many homes are for sale in BERKELEY, CA 94704?

As of February 2026, there are 13 active listings in BERKELEY, CA (zip code 94704), compared to 7 the prior year.

What is the median home price in BERKELEY, CA 94704?

The median listing price in BERKELEY, CA 94704 is $668,500 as of February 2026, a 5.2% decrease from $705,444 the prior year.

How long do homes stay on the market in BERKELEY, CA?

Homes in BERKELEY, CA 94704 spend an average of 30 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in BERKELEY, CA 94704?

Based on current inventory and days-on-market data as of February 2026, BERKELEY, CA 94704 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 days on market compared to 56 days last year.

How much can I save on real estate commission in BERKELEY, CA?

With SELL123.com's maximum 3% commission, sellers in BERKELEY, CA 94704 save an estimated $13,370 compared to a typical 5% commission on the median listing price of $668,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.