Zip 94702 (Berkeley, CA) Housing

The housing market in 94702 Berkeley, CA is booming, with a median value that is over three times the US median value of $338,100. In the past year, the house appreciation rate in Berkeley is higher than the US average at 7.93%. This indicates that people are investing heavily in the 94702 area and it is likely to continue on an upward trajectory. It's no wonder why so many people are interested in buying property in this bustling city!

The median home cost in Berkeley (zip 94702) is $1,101,200. Home appreciation the last 10 years has been 88.1%. Home Appreciation in Berkeley (zip 94702) is up 9.6%.

Average Age of Homes

- The median age of Berkeley (zip 94702) real estate is 74 years old

The Rental Market in Berkeley (zip 94702)

- Renters make up 52.6% of the Berkeley (zip 94702) population
- 4.3% of houses and apartments in Berkeley (zip 94702), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Berkeley, California	United States
	7,907.0	139,647,020.0
	74	42
	$1,101,200	$338,100
	9.6%	16.6%
	16.9%	57.0%
	88.1%	101.1%
	$8.03	$10.98
	$7,699	$2,690
	43.2%	57.4%
	10.3%	11.2%
	46.5%	31.4%
Vacant Housing
	4.3%	1.9%
	0.8%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	0.5%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	0.2%	2.4%
	0.0%	2.8%
	0.2%	3.9%
	0.5%	4.5%
	0.1%	11.3%
	0.8%	13.0%
	2.5%	20.1%
	1.8%	13.6%
	1.1%	8.3%
	12.7%	9.7%
	33.8%	3.9%
	34.2%	2.2%
	7.3%	0.8%
	3.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.7%	13.6%
	3.7%	13.6%
	2.5%	13.6%
	4.6%	13.2%
	6.7%	14.8%
	2.5%	13.6%
	10.5%	10.0%
	15.0%	4.7%
	39.7%	12.2%

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