Berkeley, IL
Housing market overview · Updated weekly
$397,500median sale price
Homes sold
2
Last 12 weeks
Days on market
121
Average pace
Active listings
13
6.5 months supply
Sale-to-list
96.3%
Below asking
The Berkeley housing market is currently classified as a buyer's market with a median sale price of $397,500. Prices have fallen 3.0% compared to last year, with homes spending an average of 121 days on market, indicating 6.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Berkeley
There are currently 13 homes listed for sale in Berkeley, Illinois. The median listing price is $268K.
Active listings
13
Homes on market
Median list price
$268K
Avg. days on market
121
Days until sale
New this week
4
Newly listed
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Frequently asked questions
What is the average home price in Berkeley?
The median home sale price in Berkeley is $397,500, down 3.0% from last year.
How long do homes stay on market in Berkeley?
Homes typically spend 121 days on market before going under contract.
Is Berkeley a buyer's or seller's market?
With 6.5 months of supply, Berkeley is currently a buyer's market.
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