ZIP 94709, Berkeley Housing Market · 2026

Data through Mar 2026 · Part of the Berkeley housing market

ZIP 94709, Berkeley Market Snapshot

ZIP 94709 favors sellers and competition is intensifying. Here's the picture:

Based on 9 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.35M
Up 33.1% from March 2025
Up $336K from March 2025
Homes Sold
9
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$8,443/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$6,853
  • Property Tax$1,407
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
14 days
1 fewer day than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
116.7%
Up from 114.5% in March 2025
Selling 17% above asking
% Sold Over Asking
56%
More than half of homes sold above their asking price
Active Listings
11
Up 37.5% from March 2025
About 1.2 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in 94709, Berkeley.

Median Sale Price
Up 33.1% year-over-year in 94709, Berkeley. Based on 9 sales in the most recent month.
Homes Sold
40% fewer homes sold than a year ago in 94709, Berkeley.
Total Monthly Payment
Estimated monthly cost is up 29% from a year ago in 94709, Berkeley, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about ZIP 94709

Is now a good time to buy in ZIP 94709?

ZIP 94709 favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

How do ZIP 94709 home prices compare to the Bay Area average?

At $1.35M, ZIP 94709's median sits about 28% below the Bay Area average of $1.88M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that ZIP 94709 is one of the more accessible corners of the Bay Area.

Within Berkeley, this area trades about 13% below the city-wide median of $1.55M.

By home type:

  • Condos at $1.16M
  • Single-family homes at $1.38M
What price range should I budget for in ZIP 94709?

Prices in ZIP 94709 depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Condos at $1.16M
  • Single-family homes at $1.38M

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is ZIP 94709 for buyers?

ZIP 94709 currently favors sellers:

  • Homes sell about 17% above asking on average
  • 56% close above list price
  • 14 days typical time to go pending

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

What will my total monthly cost be on a median-priced ZIP 94709 home?

At $1.35M with 20% down at 6.53%, your estimated total monthly cost is approximately $8,443:

  • $6,853 principal and interest
  • $1,407 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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