House Prices

House Prices & Home Values Berea, KY 2026


Average Data

average house price$345,450
average size per house3042 ft²
average price per ft²114 $ / ft²

04/18/2026 - The value range (VR) for house prices in Berea, KY is $114/ sqft to $127/ sqft. An average home with 3042 sqft costs approximately $346,788 to $386,334. Berea, KY includes 2 ZIP codes and it is located in Madison county. The lowest prices are found in ZIP 40403, while the highest are in ZIP 40404. The average price per sqare feet is $114. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Berea

40403108 $ / ft²
40404119 $ / ft²




Historical development of home values in Berea

Year Estimated value (USD) Change vs. 2025
2010 $160,433 -53.6%
2011 $154,229 -55.4%
2012 $153,814 -55.5%
2013 $159,563 -53.8%
2014 $167,497 -51.5%
2015 $176,094 -49.0%
2016 $185,284 -46.4%
2017 $195,284 -43.5%
2018 $206,081 -40.3%
2019 $215,636 -37.6%
2020 $226,784 -34.4%
2021 $257,942 -25.3%
2022 $300,702 -13.0%
2023 $317,105 -8.2%
2024 $335,449 -2.9%
2025 $345,450 0.0%

Graph: estimated home values in Berea over time (USD)



Example: 100% financing house in Berea

Loan amount: $345,450

Interest rate: 6.00%

Fixed monthly payment: $2,071.15

Breakdown in the 1st month:
Interest portion: $1,727.25  –  Principal portion: $343.90

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $20,611.60 $4,242.17 $341,207.83
2 $20,349.95 $4,503.81 $336,704.02
3 $20,072.17 $4,781.60 $331,922.42
4 $19,777.25 $5,076.52 $326,845.90
5 $19,464.14 $5,389.63 $321,456.28
6 $19,131.72 $5,722.05 $315,734.23
7 $18,778.80 $6,074.97 $309,659.26
8 $18,404.11 $6,449.66 $303,209.60
9 $18,006.31 $6,847.46 $296,362.14
10 $17,583.97 $7,269.80 $289,092.34
11 $17,135.58 $7,718.18 $281,374.15
12 $16,659.54 $8,194.22 $273,179.93
13 $16,154.14 $8,699.63 $264,480.30
14 $15,617.57 $9,236.20 $255,244.10
15 $15,047.90 $9,805.87 $245,438.23
16 $14,443.09 $10,410.67 $235,027.56
17 $13,800.99 $11,052.78 $223,974.78
18 $13,119.28 $11,734.49 $212,240.29
19 $12,395.52 $12,458.25 $199,782.04
20 $11,627.12 $13,226.65 $186,555.39
21 $10,811.33 $14,042.44 $172,512.95
22 $9,945.22 $14,908.55 $157,604.41
23 $9,025.70 $15,828.07 $141,776.33
24 $8,049.45 $16,804.31 $124,972.02
25 $7,013.00 $17,840.77 $107,131.25
26 $5,912.62 $18,941.15 $88,190.11
27 $4,744.37 $20,109.39 $68,080.72
28 $3,504.07 $21,349.70 $46,731.02
29 $2,187.27 $22,666.50 $24,064.52
30 $789.25 $24,064.52 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Berea, KY


1500 sqft3900 sqft
Ø selling price$206,911$440,155
Ø fast selling$188,101$396,139
Ø high price sale$225,721$484,170

In 2026, houses in Berea, KY will be offered at an average price of $114 per square foot. A 1,500 sqft home priced at $206,911 is 21.67% more expensive per square foot than a 3,900 sqft home priced at $440,155. Home prices in Berea, KY vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $304,722. Sellers who can wait longer may achieve a higher price of up to $372,439.


Discover Berea, KY

Overview

Berea, Kentucky is a welcoming Appalachian city known for its vibrant arts community and historic charm. Anchored by Berea College, the town blends progressive education with deep regional heritage. From craft studios to mountain trails, there are many things to do in Berea, KY for art lovers and outdoor enthusiasts.

Arts & Culture

As the Folk Arts and Crafts Capital of Kentucky, Berea features artisan shops in the Old Town Artisan Village selling handwoven textiles, woodwork, and pottery. The renowned Berea College Student Craft program lets travelers watch makers at work and buy ethically made gifts.
The Historic Boone Tavern Hotel & Restaurant offers farm-to-table dining and lodging steps from boutiques and galleries. Annual festivals, live music, and hands-on workshops create an immersive cultural itinerary for weekend getaways in central Kentucky.

Outdoor Adventure & Travel Info

Outdoor lovers can hike The Pinnacles in the Berea College Forest for sweeping Bluegrass vistas. Nearby hikes like Anglin Falls and scenic drives toward the Daniel Boone National Forest expand the adventure.
With easy access from I-75, a walkable downtown, and year-round events, Berea, Kentucky is an ideal destination for arts, culture, and nature.



FAQ – Home Values in Berea

What is the median home value in Berea in 2026?

In 2026, the typical home value in Berea is about $345,450 for an average home size of 3042 square feet. This corresponds to an average price of roughly $114 per square foot.

What is the average cost per square foot in Berea?

In 2026, homes in Berea sell for an average of around $114 per square foot, with a typical range between $114 and $127 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Berea is about 3042 square feet, with an estimated 2026 value around $345,450.



Locations close to Berea, KY

Brodhead, KY69 $ / ft²
Crab Orchard, KY147 $ / ft²
Danville, KY96 $ / ft²
Annville, KY110 $ / ft²
Winchester, KY109 $ / ft²
Wilmore, KY118 $ / ft²
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