The story of this market
The typical home in ZIP 94707 sells for about $1,400,000, or $618 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $2,429 a month.
ZIP 94707
The 94707 housing market remains resilient, characterized by high median home values and low inventory levels. Demand is sustained by the area's prestige, proximity to UC Berkeley, and high-quality school districts, despite broader economic headwinds.
This ZIP is ideal for established families and professionals who prioritize school quality, proximity to the university, and a quiet, hilly residential environment.
Median prices moved up 2.1% year over year.
Homes spend a median of 32 days on market with 2.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 3.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 94707, Alameda/Contra Costa County, CA
The area generally experiences lower crime rates compared to the broader urban core of Berkeley, with property crime being the primary concern.
Schools serving this ZIP are highly regarded, often associated with the Berkeley Unified School District, which maintains strong academic performance metrics.
The area is located in the Berkeley Hills, presenting a high risk for wildfires and requiring strict adherence to vegetation management and fire-safe building codes.
Economic momentum is driven by proximity to the University of California, Berkeley, and the broader East Bay tech and research corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Residents typically commute via private vehicle or AC Transit toward the Berkeley/Oakland employment hubs, with access to BART stations in North Berkeley.
The area features extensive access to regional parks like Tilden Regional Park, numerous hiking trails, and proximity to the shopping and dining districts of North Berkeley and Solano Avenue.
The rental market is characterized by high demand and low vacancy rates, driven by university-affiliated professionals and families seeking access to top-rated schools.
The economy is anchored by the University of California, Berkeley, and a robust mix of research, technology, and professional services firms in the East Bay.
The area is served by AC Transit bus lines and is within reach of the North Berkeley BART station, facilitating regional transit.
Development is constrained by topography and zoning, with current planning focused on infill and accessory dwelling unit (ADU) construction.
The Alameda County Assessor manages property valuations, with assessments based on the purchase price plus annual adjustments.
Parcels are subject to various special districts, including the Berkeley Unified School District and local utility and flood control districts.
Property insurance premiums are rising due to increased wildfire risk in the wildland-urban interface of the Berkeley Hills.
California continues to see net domestic out-migration, though high-income areas like Berkeley maintain stable population levels.
California is a non-judicial foreclosure state, providing a structured process for lenders while offering specific protections for homeowners.
Sellers are required to provide a comprehensive Transfer Disclosure Statement covering all known material defects.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Six Flags Discovery Kingdom4.116.8 mi
- Six Flags Hurricane Harbor Concord3.713.5 mi
- Children's Fairyland4.56.3 mi
- Urban Air Trampoline and Adventure Park4.414 mi
- Round1 Bowling & Arcade - San Francisco3.516.1 mi
- Chase Center4.710.8 mi
- Oracle Park4.710.2 mi
- Palace of Fine Arts4.811.3 mi
- Moscone Center4.510.3 mi
- Six Flags Discovery Kingdom4.116.8 mi
- PIER 394.69.4 mi
- Oracle Park4.710.2 mi
- Golden Gate Bridge4.812.1 mi
- Fisherman's Wharf4.69.7 mi
- The Painted Ladies4.411.9 mi
- PIER 394.69.4 mi
- Ferry Building4.69.4 mi
- Golden Gate Bridge4.812.1 mi
- The Painted Ladies4.411.9 mi
- California Academy of Sciences4.613.5 mi
- Mission Dolores Park4.712.5 mi
- Oakland Zoo4.612.7 mi
- Union Square4.410.3 mi
- Presidio Tunnel Tops4.911.7 mi
- Salesforce Park4.89.8 mi
- Jack London Square4.57.2 mi
- Richmond Yacht Club4.85.7 mi
- Emery Cove Yacht Harbor4.64.5 mi
- Berkeley Yacht Club4.53 mi
- Berkeley Marina, Dock K4.53 mi
- Presidio Golf Course4.512.3 mi
- Corica Park Golf Course4.211.3 mi
- Tilden Park Golf Course4.12.1 mi
- Peacock Gap Golf Club4.212.1 mi
- Sequoyah Country Club4.712.1 mi
- PIER 394.69.4 mi
- Ferry Building4.69.4 mi
- Berkeley Bowl West4.73.2 mi
- Berkeley Bowl Marketplace4.62.9 mi
- Macy's4.310.4 mi
- San Francisco International Airport4.320.1 mi
- Oakland San Francisco Bay Airport4.212.8 mi
- Elevation LVK4.328.7 mi
- Seaplane Adventures4.812.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large regional park offering hiking, swimming, and botanical gardens.
Major commercial corridor with diverse restaurants and local shops.
Publicly accessible landscape garden managed by UC Berkeley.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.