Photo: WeaponizingArchitecture · CC BY-SA 4.0305 homes sold in Berkley in the last year, at a typical $338K
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 Berkley homes are listed.
Every place Berkley 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 Berkley.
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 99% of Berkley’s sales, at a typical $338K
305 homes sold in the year to May 2026.
typical sale · 302 sold in 12 months
- Per square foot
- $263MI $172
- Days to sell
- 19
- Sold over asking
- 48%
- Listings with a price cut
- 29%
Multi-family (2–4 units): 1 sold, typical $170K
Condos: 2 sold, typical $265K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.8 times the 2016 price
305 sales in the last year, against 517 in 2017 and a low of 243 in 2023. The typical sale went from $191K in 2016 to $338K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Berkley
Check a listing against what Berkley 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 Berkley are more common than before the pandemic, but a quarter fewer homes come up for sale
We read every month of Berkley’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, 305 sales.
If you’re buying in Berkley
- Shop in August. It brings about 45 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
- Less room to haggle. Only 29% of listings cut their price, against 41% before the pandemic.
- Bid near asking. Buyers paid 100.7% of the list price on average; 48% paid over.
- Move fast on good ones. 56% of homes are under contract within two weeks.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 49 a month), but May is the most competitive: 53% of May sales close over asking. July and August offer nearly as much choice with fewer homes bid up (42%). January has the least competition (22%) but only about 20 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Michigan
| Berkley now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 48% | 33% | 47% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 56% | 50% | 56% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 29% | 41% | 33% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 100.7% | 99% | 100.8% | 98.4% |
| Days to sellMedian days from listing to contract | 20 | 18 | 19 | 33 |
38 homes for sale on a typical day
That’s 1.7 times the 2024 low (23), 29% fewer than in 2017–19 and well under 2014’s 127.
1 in 3 listings has cut its price
29% in the last year, against 41% in 2017–19 and 28% across Michigan.
Berkley ranks 10th of 194 busy Michigan markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Berkley is one of the state’s hottest markets.
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 Berkley home costs about $2,113 a month
Price: Berkley’s typical sale, last 12 months. Property tax at Berkley’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Berkley is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 17.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $338K home, about $4,200 a year.
Taxes vs. neighborsSchools
The schools grade for Berkley, from test results, graduation and how much students grow.
Schools in BerkleyCheck 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.
Lathrup Village, Oak Park and Clawson sell for less a square foot
The busier markets within 25 miles of Berkley, 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 | |
|---|---|---|---|---|---|
| Royal Oak | 1,134 | $364K | $259 | 35% | 27 |
| Oak Park | 311 | $237K | $173 | 37% | 29 |
| Berkley | 305 | $338K | $262 | 48% | 20 |
| Clawson | 167 | $311K | $228 | 45% | 19 |
| Huntington Woods | 73 | $511K | $279 | 49% | 18 |
| Lathrup Village | 50 | $338K | $155 | 44% | 33 |
| Pleasant Ridge | 37 | $516K | $267 | 38% | 25 |
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 Berkley, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Berkley. People who follow the town see it, and so do people comparing Berkley with their own town. No commission, no listing fee.
Questions about buying a home in Berkley
What do homes sell for in Berkley, MI?
305 homes sold in the year to May 2026 at a typical $338K, $262 a square foot.
Is Berkley a buyer’s or seller’s market?
A seller’s market: 37 homes were for sale in May 2026 and 18 sold, about 2.1 months of supply. Buyers paid 100.7% of asking on average, and 29% of listings cut their price.
When is the best time to buy in Berkley?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Berkley?
About 1.2% of a home’s value a year. On a $338K home that’s near $4,200.
Where can I see homes for sale in Berkley?
Zillow, Redfin, Realtor.com and Homes.com all carry Berkley’s MLS listings; the search links above open each one filtered to Berkley.
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).