ZIP Code 94703 — Berkeley, CA Home Prices (2026)

The typical home in ZIP 94703 (Berkeley, California) is worth about $1,277,000 at roughly $745 per square foot — about the same as the Berkeley median and 334% more expensive than the typical U.S. home.

$1,277,000
Typical home value
$745
Price per sq ft
#4 of 7
Berkeley ZIPs by value
+0%
vs Berkeley median

How 94703 compares

ZIP 94703 is a mid-priced ZIP code for Berkeley: its typical home value of $1,277,000 ranks #4 of the 7 Berkeley ZIP codes we track (the citywide range runs from $1,007,000 in 94710 to $1,786,000 in 94707). Per square foot it costs about $745, against $772 for Berkeley as a whole, $455 for California, and $195 nationally.

AreaTypical value$ / sq ft
ZIP 94703$1,277,000$745
Berkeley, CA$1,277,000$772
California$698,000$455
United States$294,000$195

Home value by size in 94703

Using this ZIP’s rate of about $745 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home sizeEstimated value
1,000 sq ft$745,000
1,500 sq ft$1,117,500
2,000 sq ft$1,490,000
2,500 sq ft$1,862,500
3,000 sq ft$2,235,000

Salary needed to buy a home in ZIP 94703

To buy the typical $1,277,000 home in ZIP 94703 with 20% down, you need a household income of roughly $347,000 a year (about $8,110 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $413,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$63,900$10,080/mo$432,000/yr
10% (+PMI)$127,700$9,630/mo$413,000/yr
20%$255,400$8,110/mo$347,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 94703

At about $745 per square foot, here is roughly how much home different budgets get you in ZIP 94703:

BudgetApprox. sizeWhat that looks like locally
$600k810 sq ftbelow the local median — condos, smaller or older homes
$750k1010 sq ftbelow the local median — condos, smaller or older homes
$1.00M1340 sq ftbelow the local median — condos, smaller or older homes
$1.50M2010 sq ftaround the typical home here
$2.00M2680 sq ftabove the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 94703 home.

Estimate a specific home in 94703

The estimator below is pre-set to ZIP 94703 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Berkeley ZIP codes by home value

Where 94703 sits among Berkeley’s 7 ZIP codes:

#ZIP codeTypical value$ / sq ft
194707$1,786,000$725
294708$1,636,000$816
394709$1,330,000$820
494703 (this page)$1,277,000$745
594702$1,211,000$772
694704$1,149,000$878
794710$1,007,000$712

ZIP 94703 home prices: frequently asked

What is the average home price in ZIP code 94703? +
The typical home in ZIP 94703 (Berkeley, CA) is worth about $1,277,000 as of 2026. That is about the same as the Berkeley median of $1,277,000 and 334% more expensive than the U.S. median of $294,000.
What is the price per square foot in 94703? +
About $745 per square foot in 94703, versus $772 across Berkeley and $455 across California. At that rate a 1,500 sq ft home runs roughly $1,117,500 and a 2,500 sq ft home about $1,862,500.
What salary do you need to buy a house in ZIP 94703? +
For the typical $1,277,000 home in ZIP 94703, a household income of about $347,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $413,000; with 5% down about $432,000.
Is 94703 an expensive ZIP code? +
Within Berkeley, 94703 ranks #4 of 7 ZIP codes by typical home value, which makes it a mid-priced ZIP code for Berkeley. Nationally it is relatively expensive.

See the full Berkeley home values page, all California cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.