Emeryville Condo Crash: East Bay Hotspot Takes California’s Sharpest Housing Hit

Emeryville’s housing market has taken the steepest dive of any city in California over the past year, and condo owners are feeling it most. Units that looked like sure bets during the pandemic run-up are now selling for tens of thousands less than they did just a few years ago.

According to Zillow, the typical Emeryville home carried a Zillow Home Value Index of about $444,715 as of May 31, 2026, roughly a 12 to 13 percent year-over-year drop. Zillow’s ZHVI aims to capture a typical value across a city’s entire housing mix, not just what happened to sell recently…

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