El Cerrito, CA—94530
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — El Cerrito, CA
As of Oct '25, the median home price in El Cerrito, CA is $1,099,000, with a year-over-year change of -4.9%. This indicates that home prices in El Cerrito, CA are decreasing. According to Zillow, the 1-year price projection is -2.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,099,000 | -4.9% |
| Single Family | $1,107,000 | -4.2% |
| Condos | $584,000 | -4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $710,000 | -7.8% |
2 Bed | $905,000 | -4.9% |
3 Bed | $1,125,000 | -4.0% |
4 Bed | $1,356,000 | -2.8% |
| 5 Bed | $1,555,000 | -2.8% |
% of Housing Stock
Rental Trends — El Cerrito, CA
As of July '25, Rentcast reports the average rent in El Cerrito, CA is $2,930, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in El Cerrito, CA is studios: $2,060, 1-bedrooms: $2,020, 2-bedrooms: $2,910, 3-bedrooms: $3,670, 4-bedrooms: $5,100. The most common rental property sizes in El Cerrito, CA are 2-bedroom and 1-bedroom, accounting for 47.7% and 21.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,930 |
| Studio Rent | $2,100 | $2,060 |
| 1 Bed Rent | $1,900 | $2,020 |
| 2 Bed Rent | $2,950 | $2,910 |
| 3 Bed Rent | $3,400 | $3,670 |
| 4 Bed Rent | $5,000 | $5,100 |
% of Rental Stock
Property Listings — El Cerrito, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in El Cerrito, CA is 18. This is a decrease of -25.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $949,000 | 0.0% |
Listing Count | 43 | -3.0% |
| Listings as % of Homes | 0.1% | -3.0% |
Days on Market | 18 | -25.0% |
Demographics — El Cerrito, CA
As of the latest ACS Survey released in 2023, El Cerrito, CA has a population of 26,200, which has increased by 1.8% over the past 5 years. El Cerrito, CA is a moderately popular place for families, as children make up 16.6% of the population. The area has a highly educated workforce, with 66.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,200 | 1.8% |
% Under 18 | 16.6% | -8.8% |
% Seniors | 20.0% | 3.1% |
% WFH | 28.2% | 166.0% |
% w/ College Degree | 66.4% | 6.6% |
As of the latest ACS Survey released in 2023, El Cerrito, CA is a predominantly white area, with 44.8% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in El Cerrito, CA is asian, making up 29.1% of the population. Foreign-born residents account for 31.5% of the population in El Cerrito, CA, and this percentage has increased by 6.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 44.8% | -6.7% |
% Black | 4.8% | -9.4% |
% Hispanic | 14.8% | 28.7% |
% Asian | 29.1% | 6.2% |
% Foreign Born | 31.5% | 6.4% |
Mortgage and Risk — El Cerrito, CA
According to HUD data as of 2023, there were 272 mortgage originations in El Cerrito, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in El Cerrito, CA. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 272 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — El Cerrito, CA
As of 2024, the percent of homes in El Cerrito, CA under the Section 8 program is 5.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in El Cerrito, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 238 |
Total Units Section 8 | 238 |
% Rentals under Section 8 | 5.1% |
% Occupied Section 8 | 91.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $1,900 | $2,170 |
| 2 Bedroom | -$310 | $2,950 | $2,640 |
| 3 Bedroom | -$20 | $3,400 | $3,380 |
| 4 Bedroom | -$990 | $5,000 | $4,010 |
Affordability — El Cerrito, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.1 |
| Median Home Price | $1,099,000 |
| Median Household Income | $128,000 |