Housing in Berkley, MI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$270,000

Median List Price

$354,900

Price Per Sq Ft

$220

Days on Market

55

Active Inventory

23

Months of Supply

2.9

Seller's market

Zillow Home Value

$300,227

ZHVI — January 2026

Zillow Rent Index

$2,131

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 10.0%List Price 24.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
17.4%

Market Activity

Source: Redfin

Homes Sold

8

New Listings

15

Pending Sales

18

Homes Sold 61.9%New Listings 11.8%Pending 28.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$220

Median List $/SF

$270

Sale $/SF 12.7%List $/SF 0.7%Mar 24Jan 26

Berkley vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Berkley 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

$289,200

Median Rent

$1,436

Total Housing Units

7,068

Vacancy Rate

3.1%

Owner Occupied

85.7%

Renter Occupied

14.3%

Median Property Tax

$3,752

per year

Monthly Cost (w/ Mortgage)

$1,504

Housing Types

Single Family
93.2%
Multi-Family
6.8%
Mobile Home
0.0%

The current median sale price in Berkley, MI is $270,000 according to Redfin data. Homes spend a median of 55 days on the market. 50.0% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $220. Zillow's observed rent index is $2,131/month. About 85.7% of housing units are owner-occupied. The median year homes were built is 1949. There are 7,068 total housing units.