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City-owned Homes And Land in Berkeley, CA 94709

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Berkeley, CA Foreclosures

Current Market Conditions in in Berkeley, CA As of February 2026?
Over the past month, Berkeley's real estate market has seen a slight increase in home prices as buyer confidence has improved. The combination of low inventory and an influx of new residents seeking housing in this academic hub has resulted in quicker sales, often above list price. Interest rates remain a concern, but the high demand continues to support values.
How much do homes sell for in Berkeley, CA?
The average home price is currently $1,669,100.
In Berkeley, CA, how many homes are available?
There are currently 1 active home listings available in Berkeley.
What’s the average rental cost in Berkeley, CA?
The average rental price in Berkeley is $3,093.
What is the most expensive home in Berkeley?
The most expensive home sold in Berkeley had a price of $236,503,448.
What is currently the cheapest priced home in Berkeley, CA?
The cheapest home for sale in Berkeley is priced at $25,217.

Living in Berkeley, CA

Berkeley is a vibrant city located in Northern California, known for its progressive culture, stunning views of the San Francisco Bay, and diverse community. With a rich academic history tied to the University of California, Berkeley, the city offers a unique blend of innovation, arts, and outdoor activities. Residents enjoy access to numerous parks, excellent schools, and a variety of dining and shopping options, making it a desirable place to live.

Buyer vs Seller Market in Berkeley, CA

The real estate market in Berkeley has remained competitive, with high demand due to its desirable location and strong rental market fueled by the presence of the university. Home values have shown resilience, remaining relatively stable even amid broader market fluctuations.

New developments and a limited supply of housing continue to push prices upward, leading to a tight market where bidding wars can be common. Sellers are in a favorable position, often receiving multiple offers, driving prices higher in sought-after neighborhoods.

Home Value Estimator For Berkeley, CA

There are currently 26,682 real estate properties in Berkeley, CA, with a median automated valuation model (AVM) price of $1,456,207.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Berkeley, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Berkeley, CA, is $1,669,100.00, with the most expensive house in Berkeley, CA, topping out at $236,503,448.00 and the cheapest home in Berkeley, CA, clocking in at $25,217.00. In other words, there’s something for every potential homebuyer or savvy investor in Berkeley, CA!

Rent Prices In Berkeley, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Berkeley, CA, is on a rollercoaster ride. The average rent price in Berkeley, CA, is $3,093.00. Indeed, when looking to rent in Berkeley, CA, you can expect to pay as little as $1,300.00 or as much as $6,480.00, with the average rent median estimated to be $3,090.00. The good news is that finding an affordable and desirable property to rent in Berkeley, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Berkeley, CA 94709 City-owned Homes And Land

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