Housing in Berea, KY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$291,000

Median List Price

$264,900

Price Per Sq Ft

$172

Days on Market

71

Active Inventory

91

Months of Supply

4.6

Balanced market

Zillow Home Value

$241,564

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 12.8%List Price 20.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

5.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

97.1%

Buyer's market

Sold Above Asking
5.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
22.0%

Market Activity

Source: Redfin

Homes Sold

20

New Listings

29

Pending Sales

15

Homes Sold 5.3%New Listings 70.6%Pending 7.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$172

Median List $/SF

$183

Sale $/SF 1.8%List $/SF 21.2%Mar 24Jan 26

Berea vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Berea is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$178,000

Median Rent

$806

Total Housing Units

6,218

Vacancy Rate

8.4%

Owner Occupied

57.3%

Renter Occupied

42.7%

Median Property Tax

$1,370

per year

Monthly Cost (w/ Mortgage)

$919

Housing Types

Single Family
64.5%
Multi-Family
32.3%
Mobile Home
3.1%

The current median sale price in Berea, KY is $291,000 according to Redfin data. Homes spend a median of 71 days on the market. 5.0% of homes sold above asking price. The market has 4.6 months of supply. The median price per square foot is $172. The median rent is $806 per month (Census ACS). About 57.3% of housing units are owner-occupied. The median year homes were built is 1988. There are 6,218 total housing units.