$179,900
3170 Tyler Ave
Berkley, MI
2 bd1 ba887 sqft$203/ft²
House6,970 sqft lot
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Sarah Mitchell
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Compass Real Estate · Berkley, MI
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Berkley, MI(512) 555-0184TX License #0512847
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Berkley, MI Housing Market & Real Estate
Strong seller's market+4.2% YoY
Housing market overview · Updated monthly ·
$369,750median sale price
How is the Berkley, MI housing market right now?
The median home sale price in Berkley, MI is $369,750, up 4.2% year-over-year. Homes sell in an average of 8 days with 37 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Berkley a buyer's or seller's market?
Strong seller's market2.1 months of supply8 avg. days on market
Berkley, MI is currently a strong seller's market, based on 2.1 months of supply and homes selling in about 8 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
8
Fast-moving
Active listings
37
2.1 months supply
Sale-to-list
101.6%
Above asking
What does the Berkley housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $369,750 |
| Median list price | $339,900 |
| Year-over-year price change | +4.2% |
| Average days on market | 8 days |
| Active inventory | 37 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 101.6% |
| Median price per sq ft | $251/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 39 |
| Listings with a price cut | 24.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Berkley by property type?
How the Berkley, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $369,750 | $251/sq ft | 18 | 8 days |
| Condo / Co-op | $410,000 | $207/sq ft | 1 | 13 days |
Source: Redfin · Updated monthly
The Berkley housing market is currently classified as a strong seller's market with a median sale price of $369,750. Prices have risen 4.2% compared to last year, with homes spending an average of 8 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.9x provides context for how home values compare to local earning capacity.
Homes for sale in Berkley
There are currently 37 homes listed for sale in Berkley, Michigan. The median listing price is $340K. Featured listings range from $179,900 to $674,900.
$250,000
2381 Princeton Rd
Berkley, MI
3 bd1 ba1,000 sqft$250/ft²
House4,792 sqft lot
View photos & details
$289,900
2893 Harvard Rd
Berkley, MI
3 bd1 ba1,099 sqft$264/ft²
House11,761 sqft lot
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$300,000
1885 West Blvd
Berkley, MI
2 bd1 ba936 sqft$321/ft²
House7,405 sqft lot
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$300,000
1162 W 11 Mile Rd
Berkley, MI
3 bd1 ba1,016 sqft$295/ft²
House4,792 sqft lot
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$325,000
2654 Royal Ave
Berkley, MI
3 bd1 ba1,160 sqft$280/ft²
House6,098 sqft lot
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$348,000
1888 Griffith Ave
Berkley, MI
3 bd1 ba1,142 sqft$305/ft²
House5,663 sqft lot
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$365,000
2156 Cambridge Rd
Berkley, MI
3 bd2 ba1,048 sqft$348/ft²
House5,227 sqft lot
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$365,000
1799 Phillips Ave
Berkley, MI
3 bd2 ba1,023 sqft$357/ft²
House6,534 sqft lot
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$379,900
686 Princeton Rd
Berkley, MI
3 bd2 ba1,660 sqft$229/ft²
House4,792 sqft lot
View photos & details
$399,999
2319 Edgewood Blvd
Berkley, MI
3 bd2 ba1,947 sqft$205/ft²
House4,792 sqft lot
View photos & details
$674,900
1957 Columbia Rd
Berkley, MI
4 bd2 ba2,230 sqft$303/ft²
House8,712 sqft lot
View photos & details
Looking to buy in Berkley?
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Active listings
37
Homes on market
Median list price
$340K
Avg. days on market
8
Days until sale
New this week
39
Newly listed
Price drops:24.3%of listings
Sale-to-list:101.6%
Who lives in Berkley?
Population
15,084
Median income
$113,103/yr
Median age
37.7 years
Owner-occupied
85.7%
College grads
58.1%
Avg commute
22.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Berkley?
Zillow home value
$325,240
Zillow rent index
$2,080/mo
Price-to-rent ratio
13.0x
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in Berkley?
Berkley is a community of approximately 15K residents with a median age of 37.7 years.The median household income is $113,103, which reflects a relatively affluent area with strong earning potential. 58.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 85.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Berkley offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Berkley?
5 schools tracked · 2,696 students
The largest public schools serving Berkley, MI 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.
Berkley High School
Grades 7-12 · 1,193 students
Anderson Middle School
Grades 4-8 · 463 students
Angell Elementary School
Grades K-5 · 391 students
Rogers Elementary School
Grades PK-5 · 357 students
Pattengill Elementary School
Grades PK-5 · 292 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Berkley, MI?
Want a head-to-head view? Compare Berkley side-by-side with any other U.S. city using our market-comparison tool.
Is Berkley a good real estate investment market?
For investors evaluating Berkley, the price-to-rent ratio of 13.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 4.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Berkley's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Berkley's median home price.
Frequently asked questions
What is the average home price in Berkley?
The median home sale price in Berkley is $369,750, up 4.2% from last year.
How long do homes stay on market in Berkley?
Homes typically spend 8 days on market before going under contract.
What is the median income in Berkley?
The median household income is $113,103 per year.
Is Berkley a buyer's or seller's market?
With 2.1 months of supply, Berkley is currently a strong seller's market.
How many homes are for sale in Berkley?
There are currently 37 homes listed for sale in Berkley, MI.
What is the Zillow home value estimate for Berkley?
The Zillow Home Value Index (ZHVI) for Berkley is $325,240, representing the typical home value in the area.
What is the median condo price in Berkley?
The median condo/co-op sale price in Berkley, MI is $410,000, compared to $369,750 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Berkley?
The median single-family home price in Berkley, MI is $369,750 (about $251 per square foot).
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