Home Values

Berea Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$55,000

  • 11.3% 1-year change
  • 4.2% 1-year forecast

The median home value in Berea is $55,000. Berea home values have gone up 11.3% over the past year and Zillow predicts they will rise 4.2% within the next year. The median rent price in Berea is $1,020, which is lower than the Baltimore median of $1,350.

Foreclosures will be a factor impacting home values in the next several years. In Berea 7.5 homes are foreclosed (per 10,000). This is lower than the Baltimore value of 9.1 and also greater than the national value of 3.0

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Relative ZHVI
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Berea Market Overview

Data through Mar 31, 2015
  • $55,000 ZHVI
  • 4.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Berea Market Health

Data through Mar 31, 2015
  • 8.1/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

7.5 homes Berea
9.1 homes Baltimore
3 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Butcher's Hill $249,300
Patterson Park $180,400
Patterson Place $170,300
Name Median ZHVI
Belair-Edison $74,000
McElderry Park $58,800
Ellwood Park-Monument $53,000
Name Median ZHVI
Milton - Montford $42,500
Broadway East $37,300
Madison - Eastend $35,400

Listings & Sales

  • No data
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Berea Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,214 Berea
    $1,305 Baltimore
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,020 Rent list price
  • No recent data Rent list price / sq ft
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