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Berkeley housing market: home prices, trends and forecast

Berkeley home prices: the Zillow Home Value Index valued a typical Berkeley, California home at $1,442,475 in September 2026. That was +8.0% higher than a year earlier, but −9.2% below the May 2022 peak of $1,588,950.

Value of a typical home
$1,442,475
September 2026, Zillow ZHVI
Change over 12 months
Measured from September 2025, the change was +8.0%.
Change over 10 years
Measured from September 2016, the change was +38.3%.
Value multiple from 2000
×3.9, with $370,279 as the starting value.
Market time in days
37
Metro data from Realtor.com for San Francisco, CA.

Berkeley home prices since 2000

Berkeley is shown by the steel line, while the United States is shown by the grey line. Since January 2000, the typical Berkeley home increased from $370,279 to $1,442,475, or ×3.90. Over the same months, the US increase was ×2.99. The boom reached its high in April 2006 at $807,557. It fell to a low of $611,269 in April 2012, which was −24.3%.

$0$250k$500k$750k$1m$1.25m$1.5m$1.75m200020052010201520202025Jan 2000 · $370,279$366,157$1,442,475Sep 2026BerkeleyUnited States$0$250k$500k$750k$1m$1.25m$1.5m$1.75m200020102020Jan 2000 · $370k$366k$1.44mSep 2026
For a typical home, the Zillow Home Value Index is smoothed and seasonally adjusted. Zillow Research data
January 2000 · $370,279

Berkeley median home price by year

Each year averages twelve monthly values. For 2026, the latest month is shown.

YearBerkeleyChange on the yearUnited States
2000$417,673$125,745
2001$503,205+20.5%$134,899
2002$529,630+5.3%$144,276
2003$579,602+9.4%$155,308
2004$652,708+12.6%$169,891
2005$771,339+18.2%$189,732
2006$798,102+3.5%$206,531
2007$770,723−3.4%$208,449
2008$728,355−5.5%$195,574
2009$677,335−7.0%$177,542
2010$694,132+2.5%$171,462
2011$643,912−7.2%$162,508
2012$626,003−2.8%$161,137
2013$724,740+15.8%$171,420
2014$827,893+14.2%$182,996
2015$955,232+15.4%$192,738
2016$1,050,352+10.0%$204,509
2017$1,119,098+6.5%$216,767
2018$1,222,978+9.3%$230,541
2019$1,216,311−0.5%$242,088
2020$1,257,059+3.4%$257,151
2021$1,402,452+11.6%$295,959
2022$1,519,446+8.3%$340,014
2023$1,398,349−8.0%$348,160
2024$1,406,118+0.6%$359,751
2025$1,367,291−2.8%$362,959
September 2026$1,442,475+8.0%$366,157

Current value of a Berkeley home bought in any year

An index-based estimate describes a typical home and is not an appraisal.

For each year, the twelve monthly index values are averaged. The current value is September 2026. Other options include the home appreciation calculator.

Are you thinking of selling? Compare local agents through Realtor.com. Advertising disclosure: the site may receive payment for links such as this one, but this never affects a number. Disclosure.

Berkeley housing market forecast

Over the 12 months from September 2026, Zillow's forecast puts the San Francisco, CA metro up +1.9%, and it expects +0.5% across the three months ahead. With Berkeley's typical value at $1,442,475, the forecast places it near $1,469,900 after a year.

Zillow's central estimate for the metro is repeated here, while the site does not publish a forecast of its own. Forecasts like this 12-month forecast have usually differed from the realized change by several percentage points in either direction. This is not investment advice.

See forecasts for every metro in one table: housing market forecast.

Berkeley housing market crash risk score

58 out of 100, considered high

Five conditions that ran high before earlier price declines are used to rank Berkeley among the 292 cities. Every input is scored against the other cities on a 0 to 100 scale. All five scores receive equal weight in the average. This score shows current conditions and does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019−2.8%4020%
Market time in days vs 2019+5.7%5120%
Price-to-rent ratio42.110020%
Price-to-income ratio13.99920%
12-month price change+8.0%120%

This is not investment advice. Scoring details for the inputs: methodology. Rankings for all 292 cities: crash risk by city.

Berkeley inventory and days on market

In September 2026 the San Francisco, CA metro listed 5,840 homes for sale, down 10.9% from a year earlier and down 2.8% from September 2019. A home sold in a median of 37 days (+5.7% against 2019), while price cuts affected 13.4% of listings.

San Francisco, CA metro, September 2026ValueOn a year
Active listings5,840−10.9%
New listings3,760
Median days on market37−9.8%
Median list price$957,475−1.8%
Share with a price cut13.4%

Metro inventory information from Realtor.com® Economic Research. Realtor.com source For every metro: days on market by city.

Living costs in Berkeley

According to the Zillow Observed Rent Index, the typical monthly asking rent in Berkeley is $2,853, which is 3.6% higher than a year earlier. Paying that rent for 42.1 years would cover the cost of the typical home. The median household income stands at $103,727 (Census ACS 2024). A typical home costs 13.9 times one year's income. According to BEA, metro prices stand at 115.6 compared with the US average of 100, while housing costs reach 194.7.

The salary needed to move there, along with rents and prices in Berkeley: Berkeley living costs.

Additional housing markets in California.

California as a whole: California housing market.

How to read this chart

Each point shows the Zillow Home Value Index for Berkeley, which tracks a typical home's value in the middle third of the market using smoothed, seasonally adjusted dollar amounts for that month. The hollow circle shows the selected month, while the terracotta circle shows the most recent month. The figures do not account for inflation, and an index tracks the typical home rather than any specific property. Find the value of an individual home from its own sale price using the card above or the home appreciation calculator.