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Short Sale Listings in Berea, OH

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Berea, OH Foreclosures

Current Market Conditions in in Berea, OH As of February 2026?
Over the past month, the housing market in Berea has remained stable, with a slight uptick in average home prices as interest in the area continues to grow. Additional listings have become available, providing more options for potential buyers looking to settle in this attractive suburb. The number of days a home stays on the market has decreased, indicating heightened buyer activity.
How much do homes sell for in Berea, OH?
The average home price is currently $266,708.
In Berea, OH, how many homes are available?
There are currently 10 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 $30,430,399.
What is currently the cheapest priced home in Berea, OH?
The cheapest home for sale in Berea is priced at $11,384.

Living in Berea, OH

Berea, Ohio is a charming suburban city that offers a perfect blend of small-town charm and big-city amenities. Known for its parks, community events, and proximity to Cleveland, it provides a vibrant atmosphere for families and individuals. With excellent schools and a strong community spirit, Berea is an ideal place to call home.

Buyer vs Seller Market in Berea, OH

Berea's real estate market has shown steady growth over the past few years, with an increasing demand for homes due to its desirable location and community feel. Home prices have appreciated moderately, making it a favorable market for both buyers and sellers. The market continues to attract new residents, including young professionals and families looking for a balanced lifestyle away from the hustle of downtown Cleveland.

The rental market has also remained strong, with many individuals seeking affordable housing options in the area. This demand has led to a slight increase in rental prices, but Berea still offers a range of affordable options compared to neighboring suburbs.

Home Value Estimator For Berea, OH

There are currently 7,184 real estate properties in Berea, OH, with a median automated valuation model (AVM) price of $231,370.00. 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 $266,708.00, with the most expensive house in Berea, OH, topping out at $30,430,399.00 and the cheapest home in Berea, OH, clocking in at $11,384.00. 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 Short Sale Listings

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