Home Values

El Cerrito Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$684,800

  • 12.1% 1-year change
  • 4.7% 1-year forecast

The median home value in El Cerrito is $684,800. El Cerrito home values have gone up 12.1% over the past year and Zillow predicts they will rise 4.7% within the next year. The median list price per square foot in El Cerrito is $366, which is lower than the San Francisco Metro average of $404. The median price of homes currently listed in El Cerrito is $675,000 while the median price of homes that sold is $677,175. The median rent price in El Cerrito is $2,172, which is lower than the San Francisco Metro median of $2,750.

Foreclosures will be a factor impacting home values in the next several years. In El Cerrito 0.9 homes are foreclosed (per 10,000). This is lower than the San Francisco Metro value of 1.5 and also lower than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in El Cerrito is 0.0%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of El Cerrito homeowners underwater on their mortgage is 3.1%, which is lower than San Francisco Metro at 7.3%.

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Relative ZHVI
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El Cerrito Market Overview

Data through Nov 30, 2014
  • $684,800 ZHVI
  • 4.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $675,000 Median listing price
  • $677,175 Median sale price
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El Cerrito Market Health

Data through Nov 30, 2014
  • 9.8/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 3.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 0.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

0.9 homes(Nov 30, 2013) El Cerrito
1.5 homes San Francisco Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Berkeley $861,100
Kensington $785,900
Albany $720,000
Name Median ZHVI
Hercules $462,800
El Sobrante $431,000
Pinole $408,000
Name Median ZHVI
Emeryville $393,800
Richmond $300,800
San Pablo $297,700

Listings & Sales

Data through Nov 30, 2014
  • $366 Median list price / sq ft
  • $418 Median sale price / sq ft
  • No data Listings with price cut
7.2%
Sold below listing
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El Cerrito Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,637 El Cerrito
    $3,011 San Francisco Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,172 Rent list price
  • No data Rent list price / sq ft
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