Berkeley, CA — Momentum Score, Home Values & Best-For

Alameda County · San Francisco-Oakland-Berkeley · population 121,749

Shrinking
Berkeley, CA
Image: Wikipedia · Berkeley, California
View watchlist →
41
Cooling
Momentum score · 0–100

Where Berkeley stands

Population shrinking 0.5% per year.

Median home $1,451,222
1-year -0.6%
5-yr CAGR +0.2%
vs 5-yr peak -13.0%
Population -0.5%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-05$1451k$1008k$1250k$1493k$1736k201620182020202220242026

Lifestyle scores

🚶
Walkability
86/100
Walker's paradise
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
70/100
Good transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
38/100
Marginal for remote
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$3,136/mo$2,599$2,971$3,342202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent101113100120202220242026

Rent vs buy

Price-to-rent ratio: 38.6
Rent

At a 38.6 price-to-rent ratio, renting beats buying in Berkeley for most shorter holds. The premium you pay to own would take many years of rent savings to recoup, and that's before maintenance, taxes, and opportunity cost on the down payment.

How the momentum score breaks down

methodology →
Home YoY
47 · w22%
Home 5-yr CAGR
36 · w22%
Distance from peak
36 · w18%
Population growth
37 · w16%
Rent YoY
49 · w12%
Home 10-yr CAGR
45 · w10%
Long thesis

Berkeley has held up across the cycle: home values at $1,451,222 with +0.2% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Berkeley's population is shrinking 0.5% per year. Housing demand has to come from somewhere — if people are leaving, the buyer pool is shrinking faster than the inventory. That eventually shows up in price.

About Berkeley

Berkeley is a city in Alameda County, California, with an estimated population of 121,749. It anchors the San Francisco-Oakland-Berkeley metro area. The population has contracted 0.5% per year on average since 2020. The median home value in Berkeley is $1,451,222 as of 2026-04, down 0.6% over the last 12 months. Over the last five years, home values have averaged +0.2% annual growth, and the market currently sits about 13% below its 5-year peak. Rents in Berkeley average $3,136 per month, roughly flat year-over-year (+0.6%). The composite momentum score is 41 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.

Bull case

The data is the data: Berkeley has at least 5 years of Zillow tracking, full Census identification, and is included in the 1-criteria momentum score on this page.

Bear case

Expensive AND not growing: median home $1,451,222 with only -0.6% YoY. You’re paying premium pricing for a flat trend.
13% off recent peak — buyers are getting through-the-cycle pricing, not the peak.
Flat or shrinking population: -0.5% per year. Housing demand has to come from somewhere — verify the source.

About Berkeley (Wikipedia)

Berkeley is a city on the eastern shore of San Francisco Bay in northern Alameda County, California, United States. It is named after the 18th-century Anglo-Irish bishop and philosopher George Berkeley. It borders the cities of Oakland and Emeryville to the south and the city of Albany and the unincorporated community of Kensington to the north. Its eastern border with Contra Costa County generally follows the ridge of the Berkeley Hills. The 2020 census recorded a population of 124,321.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorAdena Ishii
Area17.66 sq mi
Elevation171 ft
EstablishedApril 4, 1878
Density11917.27/sq mi
Named forGeorge Berkeley

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Things to see in Berkeley(Landmarks and historic districts)

  • Berkeley High School (the city's only public high school) and the Berkeley Community Theatre, which is on its campus.
  • Berkeley Women's City Club, now Berkeley City Club – Julia Morgan (1929–30)
  • First Church of Christ, Scientist – Bernard Maybeck (1910)
  • St. John's Presbyterian Church – Julia Morgan (1910), now the Berkeley Playhouse
  • Studio Building – architect not recorded, built for Frederick H. Dakin (1905)
  • Thorsen House (Sigma Phi Society of the Thorsen House) – Charles Sumner Greene & Henry Mather Greene (1908–10)
  • George C. Edwards Stadium – Located at intersection of Bancroft Way and Fulton Street on University of California, Berkeley campus (convert|80|acre, 3 buildings, 4 structures, 3 objects; added 1993).

Extracted from the Wikipedia article. Names linked in the source — open the city’s Wikipedia page for details.

Playbook

Buyer

You have leverage. Negotiate price, ask for closing-cost credits, and don't waive inspection. Walk-away power is real in a Cooling market — use it.

Seller

Price aggressively (at or below recent sold comps) or be prepared to wait. Concessions — rate buydowns, closing costs, repair credits — are how deals close right now.

Investor

Cap rates are more attractive than they were 12 months ago but the appreciation tailwind is gone. Confirm tenant demand, vacancy rates, and exit liquidity before committing capital.

Local safety & alerts

No active National Weather Service alerts for Alameda County right now.

Public-safety links are official .gov sources, not curated by us. Alameda County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Berkeley

14 tracked · ranked by median home value
1Claremont$2,903,816+2.2%
2Elmwood$2,154,414+5.2%
3Berkeley Hills$1,716,081-3.3%
4Northbrae$1,649,665+3.7%
5Gourmet Ghetto$1,456,097+7.2%
6North Berkeley$1,302,549-0.5%
7Westbrae$1,284,771-3.4%
8Central Berkeley$1,268,736-6.3%
9North Campus$1,215,995-3.7%
10Telegraph$1,205,222-2.1%
11Poet's Corner$1,177,925+0.8%
12Ashby$1,159,338-0.9%
13Southwest Berkeley$1,056,631-1.4%
14Northwest Berkeley$1,027,769-4.7%

Cities like Berkeley

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
60° / 41°
avg high / low
Summer (Jul)
82° / 60°
avg high / low
Sunny days/yr
258
~71% of year
Annual precip
22″ rain
8″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very low
Wildfire
Very high
Earthquake
Very high
Flood
Moderate

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the San Francisco-Oakland-Berkeley area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Berkeley listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
65%
Moderate climate
Median household income
$91,500
California state median
Top industries (state-level)
TechEntertainmentAgriculture

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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