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Foreclosure Homes in Berea, OH 44017

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Berea, OH Foreclosures

How much do homes sell for in Berea, OH?
The average home price is currently $266,807.
In Berea, OH, how many homes are available?
There are currently 41 active home listings available in Berea.
What’s the average rental cost in Berea, OH?
The average rental price in Berea is $1,244.
What is the most expensive home in Berea?
The most expensive home sold in Berea had a price of $30,734,644.
What is currently the cheapest priced home in Berea, OH?
The cheapest home for sale in Berea is priced at $11,460.

Living in Berea, OH

Berea, OH, is a vibrant suburb of Cleveland, known for its beautiful neighborhoods, strong community ties, and excellent educational facilities. The city offers a mix of recreational opportunities, cultural attractions, and convenient access to urban amenities. With its welcoming atmosphere and rich history, Berea is a great place to call home.

Current Market Conditions in Berea, OH

The Berea real estate market remains steady, characterized by a mix of older homes and new developments. The area sees a healthy turnover of properties, driven largely by families seeking quality education and a suburban lifestyle. Home prices have shown gradual increases, reflecting demand in the community.

The market trend is leaning towards more affordable housing, making Berea an appealing option for first-time homebuyers. The presence of a diverse range of property types allows buyers to find homes that suit their needs, from charming single-family homes to townhomes.

Home Value Estimator For Berea, OH

There are currently 7,180 real estate properties in Berea, OH, with a median automated valuation model (AVM) price of $232,970.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Berea, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Berea, OH, is $266,807.00, with the most expensive house in Berea, OH, topping out at $30,734,644.00 and the cheapest home in Berea, OH, clocking in at $11,460.00. In other words, there’s something for every potential homebuyer or savvy investor in Berea, OH!

Rent Prices In Berea, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Berea, OH, is on a rollercoaster ride. The average rent price in Berea, OH, is $1,244.00. Indeed, when looking to rent in Berea, OH, you can expect to pay as little as $500.00 or as much as $2,040.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Berea, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Berea, OH 44017 Foreclosures

Market Trend for Berea, OH

Total Listings Available: 41

Market Values:

Home Prices from $11,460 to $30,734,644

Average Sales Price: $266,807

Rental Values:

Rental from $500 to $2,040

Average Rent Value: $1,244 / month

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