The Berkeley housing market is somewhat competitive. The median sale price of a home in Berkeley was $598K last month, up 49.8% since last year. The median sale price per square foot in Berkeley is $332, up 96.4% since last year.
What is the housing market like in Berkeley today?
In May 2024, Berkeley home prices were up 49.8% compared to last year, selling for a median price of $598K. On average, homes in Berkeley sell after 7 days on the market compared to 22 days last year. There were 1 homes sold in May this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$597,750
+49.8% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Berkeley, RI
$597,750
+49.8%
United States
To compare other locations to the Berkeley and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cumberland add value to a home.
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How hot is the Berkeley housing market?
Berkeley is somewhat competitive. Homes sell in 16 days.
0
100
65
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 16 days.
Hot homes
can sell for about 6% above list price and go pending in around 7 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Berkeley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Berkeley.
Risk Factor
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Berkeley has a moderate risk of flooding. 73 properties in Berkeley are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Berkeley. Flood risk is increasing slower than the national average.
56% of properties are at risk of wildfire over the next 30 years
Fire Factor
Berkeley has a minor risk of wildfire. There are 247 properties in Berkeley that have some risk of being affected by wildfire over the next 30 years. This represents 56% of all properties in Berkeley.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Berkeley has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Berkeley is most at risk from hurricanes. 437 properties in Berkeley have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 95 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 104 mph.