Zip 44017 (Berea, OH) Housing

The housing market in Berea, OH (44017) is quite strong. The median value of homes is currently $188,000, which is significantly less than the US median value of $338,100. Yet despite this lower cost, the house appreciation rate in Berea has been even higher than the national average – reaching 10.26% over a one year period compared to 8.27% nationally. This suggests that housing values are appreciating faster in Berea than across the entire country and could be an attractive option for potential home buyers looking for strong returns on their investment.

The median home cost in Berea (zip 44017) is $188,000. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Berea (zip 44017) is up 13.4%.

Average Age of Homes

- The median age of Berea (zip 44017) real estate is 57 years old

The Rental Market in Berea (zip 44017)

- Renters make up 26.8% of the Berea (zip 44017) population
- 0.1% of houses and apartments in Berea (zip 44017), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Berea, Ohio	United States
	7,204.0	139,647,020.0
	61	42
	$188,000	$338,100
	13.4%	16.6%
	47.5%	57.0%
	69.3%	101.1%
	$23.05	$10.98
	$3,511	$2,690
	67.7%	57.4%
	3.1%	11.2%
	29.2%	31.4%
Vacant Housing
	0.1%	1.9%
	0.2%	0.4%
	0.0%	0.7%
	0.5%	0.4%
	0.0%	3.6%
	2.2%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	0.4%	2.4%
	1.6%	2.8%
	1.2%	3.9%
	6.6%	4.5%
	36.6%	11.3%
	28.5%	13.0%
	16.3%	20.1%
	5.3%	13.6%
	0.9%	8.3%
	0.1%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.6%	13.6%
	8.6%	13.6%
	4.9%	13.6%
	2.1%	13.2%
	10.9%	14.8%
	4.9%	13.6%
	25.7%	10.0%
	9.2%	4.7%
	16.0%	12.2%

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