Home Values

Berks County 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

$158,000

  • 0.4% 1-year change
  • 2.2% 1-year forecast

The median home value in Berks County is $158,000. Berks County home values have gone up 0.4% over the past year and Zillow predicts they will rise 2.2% within the next year. The median rent price in Berks County is $950, which is the same as the Reading Metro median of $950.

Foreclosures will be a factor impacting home values in the next several years. In Berks County 5.6 homes are foreclosed (per 10,000). This is greater than the national value of 3.5

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 Berks County is 6.0%, which is the same as the national value of 6.0%. 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 Berks County homeowners underwater on their mortgage is 15.2%.

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Relative ZHVI
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Berks County Market Overview

Data through May 31, 2015
  • $158,000 ZHVI
  • 2.2% 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
    (May 31, 2016)
  • No data Median listing price
  • $151,200 Median sale price
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Berks County Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No recent data Average days on Zillow
  • 15.2% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 6.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

6 Berks County
4 United States
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Cities in Berks County

Name Median ZHVI
Maidencreek Township $181,700
Bern Township $179,700
Ontelaunee $165,200
Name Median ZHVI
Alsace Township $158,200
Muhlenberg Township $140,400
Leesport $132,900
Name Median ZHVI
Laureldale $113,000
Temple $107,800
Reading $55,900

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $95 Median sale price / sq ft
  • No data Listings with price cut
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Berks County Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,284 Berks County
    $1,284 Reading Metro
    $1,367 United States

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

  • 2.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $950 Rent list price
  • $0.91 Rent list price / sq ft
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