The housing in 94709 Berkeley, CA is quite expensive with a median value of $1,211,200. This is significantly higher than the US house median value of $338,100. In spite of the higher prices however, the US 1 year house appreciation rate of 8.27% is close to that in 94709 Berkeley, CA at 7.93%. Therefore one can expect that properties bought in this area will still appreciate at a reasonable rate over time making it an attractive place to invest.
The median home cost in Berkeley (zip 94709) is $1,211,200. Home appreciation the last 10 years has been 88.1%. Home Appreciation in Berkeley (zip 94709) is up 9.6%.
Average Age of Homes
- The median age of Berkeley (zip 94709) real estate is 70 years old
The Rental Market in Berkeley (zip 94709)
- Renters make up 71.5% of the Berkeley (zip 94709) population
- 2.8% of houses and apartments in Berkeley (zip 94709), 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.