Berkeley is situated in Northern California and boasts high costs when compared with other regions across the country. The median home value clocks in at around million dollars; however individuals with lower incomes may still be able to find more attractive housing options within their budget if they look hard enough. Groceries are estimated to be roughly four hundred dollars per month while utility bills for 915 square foot apartments can easily come out at close to two hundred dollars each month depending on usage and provider rates . Berkeley also contains numerous amenities like shopping centers , parks , theaters etc that provide lots of fun activities all year long.
The median home cost in Berkeley is $1,320,600. Home appreciation the last 10 years has been 83.8%. Home Appreciation in Berkeley is up 7.9%.
Average Age of Homes
- The median age of Berkeley real estate is 76 years old
The Rental Market in Berkeley
- Renters make up 53.7% of the Berkeley population
- 1.3% of houses and apartments in Berkeley, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.