Berea, KY Housing Market & Real Estate

Buyer's market-1.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Berea, KY is $268,000, down 1.8% year-over-year. Homes sell in an average of 83 days with 101 active listings. The market is currently a buyer's market.

$268,000median sale price

Is Berea a buyer's or seller's market?

Buyer's market6.7 months of supply83 avg. days on market

Berea, KY is currently a buyer's market, based on 6.7 months of supply and homes selling in about 83 days. How we determine this →

Homes sold

15

Last 12 weeks

Days on market

83

Average pace

Active listings

101

6.7 months supply

Sale-to-list

97.0%

Below asking

Berea, KY market data

Current housing market statistics for Berea, KY
MetricValue
Median sale price$268,000
Median list price$234,900
Year-over-year price change-1.8%
Average days on market83 days
Active inventory101 listings
Months of supply6.7 months
Sale-to-list price ratio97.0%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Berea housing market is currently classified as a buyer's market with a median sale price of $268,000. Prices have fallen 1.8% compared to last year, with homes spending an average of 83 days on market, indicating 6.7 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 Berea

There are currently 101 homes listed for sale in Berea, Kentucky. The median listing price is $235K. Featured listings range from $49,900 to $496,500.

3 bedroom house for sale at 419 Boone St Berea - $49,900
$49,900

419 Boone St

Berea, KY

3 bd1 ba1,200 sqft
House8,712 sqft lot
More about this property
3 bedroom house for sale at 645 King Luke Ct Berea - $275,000
$275,000

645 King Luke Ct

Berea, KY

3 bd2 ba1,680 sqft
House1.00 acres
More about this property
3 bedroom house for sale at 450 Wyldwood Way Berea - $299,900
$299,900

450 Wyldwood Way

Berea, KY

3 bd2 ba1,325 sqft
House8,712 sqft lot
More about this property
8 bedroom multi-family for sale at 118 Salter Rd Berea - $329,000
$329,000

118 Salter Rd

Berea, KY

8 bd4 ba3,416 sqft
Multi-family11,326 sqft lot
More about this property
8 bedroom multi-family for sale at 116 Salter Rd Berea - $329,000
$329,000

116 Salter Rd

Berea, KY

8 bd4 ba3,294 sqft
Multi-family10,019 sqft lot
More about this property
3 bedroom house for sale at 184 Keith Dr Berea - $347,900
$347,900

184 Keith Dr

Berea, KY

3 bd2 ba1,994 sqft
House13,939 sqft lot
More about this property
4 bedroom house for sale at 307 Brookgreen Dr Berea - $380,000
$380,000

307 Brookgreen Dr

Berea, KY

4 bd3 ba2,695 sqft
House29,185 sqft lot
More about this property
3 bedroom house for sale at 168 Central Park Ave Berea - $389,000
$389,000

168 Central Park Ave

Berea, KY

3 bd2 ba1,801 sqft
House15,246 sqft lot
More about this property
4 bedroom house for sale at 177 Central Park Ave Berea - $409,900
$409,900

177 Central Park Ave

Berea, KY

4 bd2 ba1,806 sqft
House14,375 sqft lot
More about this property
3 bedroom house for sale at 123 Dreyfus Rd Berea - $419,000
$419,000

123 Dreyfus Rd

Berea, KY

3 bd2 ba2,316 sqft
House1.00 acres
More about this property
4 bedroom house for sale at 122 Saddle Brook Cir Berea - $439,900
$439,900

122 Saddle Brook Cir

Berea, KY

4 bd3 ba2,882 sqft
House1.00 acres
More about this property
4 bedroom house for sale at 106 Churchill Dr Berea - $496,500
$496,500

106 Churchill Dr

Berea, KY

4 bd3 ba3,991 sqft
House30,492 sqft lot
More about this property

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Active listings

101

Homes on market

Median list price

$235K

Avg. days on market

83

Days until sale

New this week

27

Newly listed

Price drops:16.8%of listings
Sale-to-list:97.0%

Top public schools in Berea

10 schools tracked · 4,686 students

The largest public schools serving Berea, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Madison Southern High School

Grades 9-12 · 1,230 students

Public

Kingston Elementary School

Grades PK-5 · 609 students

Public

Shannon Johnson Elementary School

Grades PK-5 · 493 students

Public

Silver Creek Elementary School

Grades PK-5 · 474 students

Public

Berea Community Elementary School

Grades PK-5 · 467 students

Public

Farristown Middle School

Grades 6-8 · 446 students

Public

Foley Middle School

Grades 6-8 · 429 students

Public

Berea Community High School

Grades 9-12 · 328 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Berea?

The median home sale price in Berea is $268,000, down 1.8% from last year.

How long do homes stay on market in Berea?

Homes typically spend 83 days on market before going under contract.

Is Berea a buyer's or seller's market?

With 6.7 months of supply, Berea is currently a buyer's market.

How many homes are for sale in Berea?

There are currently 101 homes listed for sale in Berea, KY.

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