Berkley, IA Foreclosures
Current Market Conditions in in Berkley, IA As of January 2026?
Over the past month, Berkley's real estate market has shown signs of continued stability, with average prices increasing slightly as more buyers enter the market. The limited inventory has prompted sellers to price their homes competitively, leading to a quicker turnover rate. Buyers are advised to act fast when houses are listed as the demand remains high, indicating a healthy local economy and growing interest in the area.
How much do homes sell for in Berkley, IA?
The average home price is currently $254,828.
What’s the average rental cost in Berkley, IA?
The average rental price in Berkley is $1,459.
What is the most expensive home in Berkley?
The most expensive home sold in Berkley had a price of $656,711.
What is currently the cheapest priced home in Berkley, IA?
The cheapest home for sale in Berkley is priced at $59,322.
Living in Berkley, IA
Berkley, IA, is a peaceful small town known for its friendly community and family-oriented lifestyle. With ample recreational opportunities and a strong educational system, it's an ideal place for both families and retirees. Enjoy the charm of small-town living while remaining conveniently close to larger city amenities.
Buyer vs Seller Market in Berkley, IA
Currently, the real estate market in Berkley is experiencing stable growth, with a noticeable demand for single-family homes. The area's appeal lies in its low crime rates, excellent schools, and a close-knit community, which attract potential buyers. This has led to a balanced market, where prices have seen moderate increases while still being affordable compared to larger urban centers.
In recent months, there has been an influx of new families moving into Berkley, contributing to a competitive market where sellers often receive multiple offers. Inventory remains relatively low, making home-buying a challenging yet rewarding experience for prospective homeowners looking for value in a tranquil setting.
Home Value Estimator For Berkley, IA
There are currently 23 real estate properties
in Berkley, IA,
with a median automated valuation model (AVM) price
of $245,288.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Berkley, IA, 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 Berkley, IA,
is $254,828.00, with the most expensive house
in Berkley, IA, topping out
at $656,711.00 and the cheapest home
in Berkley, IA,
clocking in at $59,322.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Berkley, IA!
Rent Prices
In Berkley, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Berkley, IA, is on
a rollercoaster ride. The
average rent price in Berkley, IA,
is $1,459.00. Indeed, when looking to rent in
Berkley, IA, you can expect to pay as little
as $860.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,450.00. The good news is that finding
an affordable and desirable property to rent in Berkley, IA
-- 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.
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