94709, Berkeley, CA

The 94709 zip code of Berkeley, CA has a median home value of $1,062,000 and a median home equity value of $269,000. The average home in the 94709 zip code was built in 1950 and is about 1,800 square feet. The average price per square foot for homes in the 94709 zip code is $362.

Berkeley has seen an increase in home prices over the past few years. In 2014, the median home value was $965,000 and the median home equity value was $236,000. In 2015, the median home value increased to $1 million and the median home equity value increased to $269,000. This trend is likely to continue as Berkeley continues to be one of the most desirable cities in California.

Home values are affected by many factors including location (near universities or other desirable amenities), size and condition of the property, and market demand. Over time, trends in these factors can vary significantly from neighborhood to neighborhood within a city or county so it is important for buyers to do their research before making an offer on a property.