Home Values

Berkley 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

$309,900

  • 3.7% 1-year change
  • 1.6% 1-year forecast

The median home value in Berkley is $309,900. Berkley home values have gone up 3.7% over the past year and Zillow predicts they will rise 1.6% within the next year. The median list price per square foot in Berkley is $188, which is higher than the Providence Metro average of $174. The median price of homes currently listed in Berkley is $334,990 while the median price of homes that sold is $376,559.

Foreclosures will be a factor impacting home values in the next several years. In Berkley 6.2 homes are foreclosed (per 10,000). This is greater than the Providence Metro value of 3.3 and also greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Berkley is 15.9%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Berkley homeowners underwater on their mortgage is 9.0%, which is lower than Providence Metro at 18.0%.

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Relative ZHVI
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Berkley Market Overview

Data through Nov 30, 2014
  • $309,900 ZHVI
  • 1.6% 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
    (Nov 30, 2015)
  • $334,990 Median listing price
  • No recent data Median sale price
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Berkley Market Health

Data through Nov 30, 2014
  • 2.1/10 Less 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.
  • No data Average days on Zillow
  • 9.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 15.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

6.2 homes(Jan 31, 2014) Berkley
3.3 homes Providence Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Lakeville $325,100
Raynham $304,400
North Lakeville $288,100
Name Median ZHVI
Freetown $286,000
Dighton $276,800
Raynham Center $264,300
Name Median ZHVI
Somerset $229,900
Taunton $223,800
Fall River $202,300

Listings & Sales

Data through Nov 30, 2014
  • $188 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
61.5%
Sold below listing
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Berkley Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,755 Berkley
    $1,518 Providence Metro
    $1,342 United States

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

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