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 Type | 11.70% |
| One Bedroom | 26.90% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 19.30% |
| Four Bedrooms | 8.40% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $380,200 |
| Median Price asked for vacant units | $320,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $702 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 53.30% |
| Debt Free | 28.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.8% |
