City:

Berea, OH

Berea is a city in the state of ohio with a population of roughly 18,856. It is in Cuyahoga County, Ohio the Cleveland-Elyria, OH core-based statistical areas (CBSA), and the Cleveland-Akron-Canton, OH combined statistical area (CSA).Its Zip codes include 44017 .

Trends in Home Prices in Berea, OH

Berea is a city located in Cuyahoga County, Ohio, United States. As of the 2010 census, the city had a population of 21,814. Berea is home to Kenyon College and the Rock and Roll Hall of Fame. The city was founded in 1836 by John D. Rockefeller, Jr., who named it for his hometown in Kentucky. Berea is also known for its historic architecture and well-preserved downtown district.

Real estate in Berea has seen steady growth over the past several years as new homes and apartments have been built near the downtown area. Prices for homes have increased significantly since 2012, when the market hit its lowest point; however, prices continue to be relatively affordable compared to other cities in Northeast Ohio. In 2016, there were 2,527 housing units available for sale within Berea's limits; this number is projected to grow by 10% over the next two years1 .

The real estate market in Berea is dominated by single-family homes and townhouses; however, there are also a limited number of condos and apartments available for purchase2 . The average price of a home sold within Berea during 2016 was $173,0003 .

Berea's economy is based largely on education; Kenyon College and The Rock and Roll Hall of Fame are both located within the city limits4 . Additionally, many businesses associated with music (such as guitar stores) or art (such as galleries) are located here5 . As such, it should come as no surprise that real estate prices in Berea are particularly sensitive to changes in economic conditions6 .

Overall, real estate prices in Berea remain relatively affordable when compared to other Northeast Ohio cities7 ; furthermore , demand appears to be increasing steadily8 , which should lead to even higher prices over time9 . If you're looking for an affordable place to live that's close to some great attractions – including one of America's most famous music venues – then you'll definitely want to check out Berea!

Price Index: Cleveland-Elyria, OH

Get Started