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Multi-family Foreclosures in Berea, OH

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Berea, OH Foreclosures

How much do homes sell for in Berea, OH?
The average home price is currently $269,507.
In Berea, OH, how many homes are available?
There are currently 372 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 $31,046,656.
What is currently the cheapest priced home in Berea, OH?
The cheapest home for sale in Berea is priced at $11,556.

Living in Berea, OH

Berea, Ohio, is a charming suburb of Cleveland known for its friendly atmosphere and excellent amenities. With a rich historical background, it offers residents a blend of urban convenience and small-town charm. Access to parks, schools, and public transportation make it an attractive location for families and individuals alike.

Current Market Conditions in Berea, OH

Currently, the real estate market in Berea is experiencing a steady demand, driven by the city's appeal to families and its proximity to Cleveland. Homes in the area are moderately priced, with a variety of styles available that cater to different tastes. There's a good mix of older homes with historical significance and new constructions, which keeps the market dynamic.

Home Value Estimator For Berea, OH

There are currently 7,175 real estate properties in Berea, OH, with a median automated valuation model (AVM) price of $233,981.00. 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 $269,507.00, with the most expensive house in Berea, OH, topping out at $31,046,656.00 and the cheapest home in Berea, OH, clocking in at $11,556.00. 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 Multi-family Homes

Market Trend for Berea, OH

Total Listings Available: 372

Market Values:

Home Prices from $11,556 to $31,046,656

Average Sales Price: $269,507

Rental Values:

Rental from $500 to $2,040

Average Rent Value: $1,244 / month

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