Compare: Richmond vs Berkeley
Home Values in Richmond and Berkeley
|Zillow Home Value IndexWhat's this?||$229,800||vs||$821,400|
|Median List Price||$279,000||vs||$650,000|
|Median Sale Price||$243,800||vs||$739,200|
|Total Homes Sold in Oct||99 homes||vs||141 homes|
Richmond, CA tends to be less expensive for home buyers than Berkeley, CA. During the last year, Richmond home values have risen by 30.9%, while Berkeley home values have risen by 21.2%. The median sale price in Richmond is $243,800, but the median listing price was $279,000, a 12.6% discount. Meanwhile in Berkeley, the median selling price is $739,200, and the starting price had a median of $650,000, a 13.7% increase. In October, Richmond home sellers managed to move 99 houses, while Berkeley saw 141 transactions.
Demographics in Richmond and Berkeley
|Median Household Income||$44,210||vs||$44,485|
|Homes with Kids||32.9%||vs||18.7%|
|Average Household Size||2.8||vs||2.2|
|Average Commute Time (Minutes)||35||vs||29|
At $44,485, the median income in Berkeley is $275 more than in Richmond, and $27 lower than the national average. Richmond has a younger median age, at 34, compared to 36 in Berkeley, and a longer average commute. The average commute in Berkeley is 29 minutes and the average commute in Richmond is 35 minutes.
Homes for Sale in Richmond and Berkeley
Richmond vs Berkeley