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Berkeley, CA Real Estate


According to census data in the year 2000 there were 46,875 housing units in Berkeley. This represents a 2.5% growth from 45,735 in 1990.

Of those housing units, 46,875 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Berkeley is about 42.7%. Berkeley's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Berkeley were built after 1941.

Statistics

Housing Size

Housing Units by Size
Studio Type11.70%
One Bedroom26.90%
Two Bedrooms30.10%
Three Bedrooms19.30%
Four Bedrooms8.40%
Five Bedrooms or more3.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1939
Median Value of occupied units$380,200
Median Price asked for vacant units$320,700

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1953
Median Monthly Rent asked for vacant units$702

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.90%
Home Equity Loan9.80%
Simple Mortgage53.30%
Debt Free28.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.8%