Emeryville, CA—94608
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Emeryville, CA
As of Oct '25, the median home price in Emeryville, CA is $608,000, with a year-over-year change of -12.2%. This indicates that home prices in Emeryville, CA are decreasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $608,000 | -12.2% |
| Single Family | $738,000 | -14.3% |
| Condos | $444,000 | -13.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $406,000 | -14.0% |
2 Bed | $658,000 | -12.7% |
3 Bed | $785,000 | -13.5% |
4 Bed | $893,000 | -12.8% |
| 5 Bed | $1,000,000 | -10.9% |
% of Housing Stock
Rental Trends — Emeryville, CA
As of July '25, Rentcast reports the average rent in Emeryville, CA is $2,450, with a year-over-year rent change of -13.1%. Per bedroom, the median rent as of July '25 in Emeryville, CA is studios: $1,900, 1-bedrooms: $2,170, 2-bedrooms: $2,890, 3-bedrooms: $3,350, 4-bedrooms: $3,380. The most common rental property sizes in Emeryville, CA are 1-bedroom and 2-bedroom, accounting for 36.7% and 32.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,450 |
| Studio Rent | $1,910 | $1,900 |
| 1 Bed Rent | $2,200 | $2,170 |
| 2 Bed Rent | $2,800 | $2,890 |
| 3 Bed Rent | $3,300 | $3,350 |
| 4 Bed Rent | $2,900 | $3,380 |
% of Rental Stock
Property Listings — Emeryville, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Emeryville, CA is 50. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $614,000 | -3.0% |
Listing Count | 108 | 7.0% |
| Listings as % of Homes | 0.4% | 7.0% |
Days on Market | 50 | 9.0% |
Demographics — Emeryville, CA
As of the latest ACS Survey released in 2023, Emeryville, CA has a population of 34,000, which has increased by 12.2% over the past 5 years. Emeryville, CA is a less popular place for families, as children make up 13.4% of the population. The area has a highly educated workforce, with 64.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,000 | 12.2% |
% Under 18 | 13.4% | 12.6% |
% Seniors | 10.4% | -11.1% |
% WFH | 32.2% | 323.7% |
% w/ College Degree | 64.1% | 15.5% |
As of the latest ACS Survey released in 2023, Emeryville, CA is a predominantly white area, with 38.9% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Emeryville, CA is black, making up 23.5% of the population. Foreign-born residents account for 21.3% of the population in Emeryville, CA, and this percentage has increased by 0.9% 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 | 38.9% | -4.0% |
% Black | 23.5% | -4.9% |
% Hispanic | 12.8% | 0.8% |
% Asian | 16.6% | 6.4% |
% Foreign Born | 21.3% | 0.9% |
Mortgage and Risk — Emeryville, CA
According to HUD data as of 2023, there were 307 mortgage originations in Emeryville, CA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Emeryville, CA. Investor activity is low, as 7.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 307 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 7.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Emeryville, CA
As of 2024, the percent of homes in Emeryville, CA under the Section 8 program is 11.0%. 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. In Emeryville, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,291 |
Total Units Section 8 | 1,235 |
% Rentals under Section 8 | 11.0% |
% Occupied Section 8 | 84.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $2,200 | $2,350 |
| 2 Bedroom | $60 | $2,800 | $2,860 |
| 3 Bedroom | $360 | $3,300 | $3,660 |
| 4 Bedroom | $1,450 | $2,900 | $4,350 |
Affordability — Emeryville, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.4 |
| Median Home Price | $608,000 |
| Median Household Income | $116,000 |