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Condo Foreclosures in Berkley, MI 48072

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Berkley, MI Foreclosures

Current Market Conditions in in Berkley, MI As of February 2026?
In the past month, Berkley has seen a slight increase in home sales, attributed to the seasonal uptick in buyer activity as the summer months approach. Listings have become more competitive, with new homes coming onto the market at higher price points compared to the previous month, reflecting the ongoing demand in the region. Buyers are encouraged to act quickly as available properties are moving fast, often going under contract within days of listing.
How much do homes sell for in Berkley, MI?
The average home price is currently $350,213.
What’s the average rental cost in Berkley, MI?
The average rental price in Berkley is $1,430.
What is the most expensive home in Berkley?
The most expensive home sold in Berkley had a price of $1,974,967.
What is currently the cheapest priced home in Berkley, MI?
The cheapest home for sale in Berkley is priced at $32,285.

Living in Berkley, MI

Berkley, MI is a suburban city that offers a combination of quiet residential areas and a bustling downtown. With various family-friendly activities, parks, and local amenities, it's an ideal place for those seeking a strong sense of community. Its strategic location allows easy access to larger metropolitan areas while maintaining a welcoming and small-town atmosphere.

Buyer vs Seller Market in Berkley, MI

Home prices in Berkley have been on a consistent rise, driven by demand from families and professionals seeking proximity to Detroit. The city attracts buyers due to its quality schools and community amenities, leading to a competitive real estate market. Homes in Berkley typically sell quicker than the national average, reflecting the area's desirability.

Home Value Estimator For Berkley, MI

There are currently 6,805 real estate properties in Berkley, MI, with a median automated valuation model (AVM) price of $314,006.00. 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, MI, 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, MI, is $350,213.00, with the most expensive house in Berkley, MI, topping out at $1,974,967.00 and the cheapest home in Berkley, MI, clocking in at $32,285.00. In other words, there’s something for every potential homebuyer or savvy investor in Berkley, MI!

Rent Prices In Berkley, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Berkley, MI, is on a rollercoaster ride. The average rent price in Berkley, MI, is $1,430.00. Indeed, when looking to rent in Berkley, MI, you can expect to pay as little as $850.00 or as much as $2,100.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Berkley, MI -- 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.

Berkley, MI 48072 Condos

Market Trend for Berkley, MI

Total Listings Available: 0

Market Values:

Home Prices from $32,285 to $1,974,967

Average Sales Price: $350,213

Rental Values:

Rental from $850 to $2,100

Average Rent Value: $1,430 / month

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