Berea, OH Home Values & Market Trends
Real estate market trends reflect that there have been 372 transactions over the past year in Berea. The median value for residential home transactions that occurred over the previous year is $197,596.89. The number of current listings in Berea is 4, and the percentage of properties for sale in the city is 4.00%. Berea, OH currently has 24 properties in foreclosure, 0 bank owned properties, 6 properties headed for auction, and 4 properties for sale.
Berea, OH Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 44017 | $ 234,183 $ 161/sqft |
Housing Market Summary for Berea, OH
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $155K | $185.3K | 19.56% |
| Median Sold Price | $197.1K | $185.3K | -5.96% |
| Homes For Sale | 4 | 5 | 25.00% |
| Homes Sold | 220 | 186 | -15.45% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Berea, OH
Browse Homes in Berea, OH
Berea home values range from $30,353 to $4,804,953. The median estimated value of a home in Berea is $197,596.89. The median list price of a home is 115,000, and the total count of properties in the city is 6,485.
- Pre-ForeclosurePre-foreclosure homes account for 0.28% of all residential properties in Berea, OH with 44017 containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Berea, OH; of that zips, the estimated home value for pre-foreclosure homes ranges from $402,081 in 44017 to the lowest home value of $121,397 in 44017.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Berea, OH ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Berea, OH. There is 1 zips within Berea, OH; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions44017 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Berea, OH. Auction homes and other auction properties account for 0.09% of all properties in Berea, OH. There is 1 zips within Berea, OH; of that zips, the median estimated home value for homes going to auction ranges from $400,500 in 44017 to the lowest value of $166,578 in 44017.
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Guide for Berea, OH
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