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

$723,900

  • 13.4% 1-year change
  • 5.8% 1-year forecast

The median home value in El Cerrito is $723,900. El Cerrito home values have gone up 13.4% over the past year and Zillow predicts they will rise 5.8% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In El Cerrito 0.7 homes are foreclosed (per 10,000). This is lower than the San Francisco Metro value of 1.3 and also lower than the national value of 3.5

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 2.2%, which is lower than the national value of 6.0%. 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 2.7%, which is lower than San Francisco Metro at 6.1%.

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Relative ZHVI
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El Cerrito Market Overview

Data through May 31, 2015
  • $723,900 ZHVI
  • 5.8% 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
    (May 31, 2016)
  • No data Median listing price
  • $685,294 Median sale price
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El Cerrito Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 2.7% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 2.2% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1 El Cerrito
1 San Francisco Metro
4 United States
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Nearby Cities

Name Median ZHVI
Kensington $837,800
Berkeley $830,700
Albany $745,600
Name Median ZHVI
Hercules $416,600
El Sobrante $395,000
Emeryville $379,100
Name Median ZHVI
Pinole $374,300
San Pablo $264,000
Richmond $261,300

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $480 Median sale price / sq ft
  • No data Listings with price cut
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El Cerrito Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,830 El Cerrito
    $3,198 San Francisco Metro
    $1,367 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
    (Dec 31, 2014)
  • No data Rent list price
  • $2.59 Rent list price / sq ft
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