Median price for residential apartments in as of Jul, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
96 Berea, OH 44017, USA apartments for sale
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$170,000
View PhotosRanch, Single Family
105 French Street, Berea, OH 44017, USA
3 Bed
1 Bath
1,288 Sq Ft
Berea
According to statistics, the population in Berea, OH amounts to 18,934, which shows decline 0% compared to the previous year. The median age of the city’s residents is 38. The average household income is $57,416, shifting decline -1% from the past year, and the average property value in Berea, OH decline 1% to $129,900 throughout the year.
| Population | 18,934 |
| Median Age | 37.7 |
| Poverty Rate | 11% |
| Household Income | $57,416 |
| Number Of Employees | 9,672 |
| Median Property Value | $129,900 |
Household Income
The average household income in Berea, OH declined from $57,896 to $57,416 in the past year. This data is an estimate based upon 7,149 households in Berea, OH . The chart below presents how household income is distributed in Berea, OH in comparison to the revenue allocation amid households nationally.
- USA
- Berea, OH
Property Value
According to data from last year, the average property value in Berea, OH shifted from $129,000 to $129,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Berea, OH in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Berea, OH properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
- USA
- Berea, OH
Rent vs. Own
- Rent68%
- Own32%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Berea, OH compared to median property taxes around the country. The prevalent amount of property taxes in Berea, OH equals $3000, which is less than the national average.
- USA
- Berea, OH
Housing Trends
Berea, OH 44017, USA Housing Trends
Average sale in Berea: $169,440 (-27.6%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| 2 bed apartments | $170,000 | N/A |
| 3 bed apartments | $172,466 | +5.7% |
| 4+ bed apartments | $164,900 | -55.7% |
During Jul 2021, the average price for an apartment in/near Berea, OH decreased by 27.6% to $169,440.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $170,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $172,466. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $164,900 for a big-family home.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Houses for sale | $152,433 | -34.9% |
| Lofts for sale | $225,000 | N/A |
| Duplexes for sale | $164,900 | N/A |
According to statistics, average house is still $152,433 with no significant changes this month. An average value of duplex is $164,900, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $225,000.
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