Photo: Dwight Burdette · CC BY 3.0271 homes sold in Berea in the last year, at a typical $268K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Berea homes are listed.
Every place Berea homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Berea.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 96% of Berea’s sales, at a typical $267K
271 homes sold in the year to May 2026.
typical sale · 261 sold in 12 months
- Per square foot
- $175KY $162
- Days to sell
- 63
- Sold over asking
- 17%
- Listings with a price cut
- 25%
Multi-family (2–4 units): 9 sold, typical $308K
Townhouses: 1 sold, typical $290K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at twice the 2016 price
271 sales in the last year, against 296 in 2021 and a low of 141 in 2012. The typical sale went from $126K in 2016 to $268K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Berea
Check a listing against what Berea homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Berea are back to pre-pandemic levels, and more homes are for sale
We read every month of Berea’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 271 sales.
If you’re buying in Berea
- Shop in August. It brings about 27 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
- Some room to negotiate. 25% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 97.9% of the list price on average; 16% paid over.
- You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 64 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 33 a month), and the most competition: 23% close over asking. July and August offer nearly as much choice with fewer homes bid up (19%). December has the least competition (13%) but only about 16 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Kentucky as a whole
| Berea now | 2017–19 | 2021 peak | KY now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 16% | 11% | 32% | 18% |
| Gone within two weeksShare of homes under contract within 14 days | 29% | 30% | 54% | 36% |
| Listings with a price cutShare of homes for sale that cut their price | 25% | 25% | 28% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 97.9% | 97% | 99.3% | 97.4% |
| Days to sellMedian days from listing to contract | 64 | 41 | 23 | 50 |
93 homes for sale on a typical day
That’s 2.8 times the 2021 low (33), 49% more than in 2017–19 and well under 2014’s 117.
1 in 4 listings has cut its price
25% in the last year, against 25% in 2017–19 and 27% across Kentucky.
Berea ranks 42nd of 77 busy Kentucky markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Berea is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Berea home costs about $1,560 a month
Price: Berea’s typical sale, last 12 months. Property tax at Berea’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Berea is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 16.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $268K home, about $1,940 a year.
Taxes vs. neighborsSchools
The schools grade for Berea, from test results, graduation and how much students grow.
Schools in BereaCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Richmond, Irvine and Stanford sell for less a square foot
The busier markets within 25 miles of Berea, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Richmond | 484 | $304K | $167 | 16% | 59 |
| Berea | 271 | $268K | $173 | 16% | 64 |
| Stanford | 32 | $195K | $123 | 6% | 80 |
| Irvine | 25 | $169K | $106 | 24% | 131 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Berea, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Berea. People who follow the town see it, and so do people comparing Berea with their own town. No commission, no listing fee.
Questions about buying a home in Berea
What do homes sell for in Berea, KY?
271 homes sold in the year to May 2026 at a typical $268K, $173 a square foot.
Is Berea a buyer’s or seller’s market?
A seller’s market: 85 homes were for sale in May 2026 and 27 sold, about 3.1 months of supply. Buyers paid 97.9% of asking on average, and 25% of listings cut their price.
When is the best time to buy in Berea?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Berea?
About 0.7% of a home’s value a year. On a $268K home that’s near $1,940.
Where can I see homes for sale in Berea?
Zillow, Redfin, Realtor.com and Homes.com all carry Berea’s MLS listings; the search links above open each one filtered to Berea.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).