House Prices

House Prices & Home Values Berkley, MI 2026


Average Data

average house price$334,384
average size per house1365 ft²
average price per ft²246 $ / ft²

06/10/2026 - The value range (VR) for house prices in Berkley, MI is $257/ sqft to $257/ sqft. An average home with 1365 sqft costs approximately $350,805 to $350,805. Berkley, MI includes 1 ZIP codes and it is located in Oakland county. The lowest prices are found in ZIP 48072, while the highest are in ZIP 48072. The average price per sqare feet is $246. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Berkley

48072242 $ / ft²




Historical development of home values in Berkley

Year Estimated value (USD) Change vs. 2025
2010 $155,294 -53.6%
2011 $149,289 -55.4%
2012 $148,887 -55.5%
2013 $154,452 -53.8%
2014 $162,132 -51.5%
2015 $170,453 -49.0%
2016 $179,348 -46.4%
2017 $189,029 -43.5%
2018 $199,479 -40.3%
2019 $208,729 -37.6%
2020 $219,519 -34.4%
2021 $249,679 -25.3%
2022 $291,070 -13.0%
2023 $306,947 -8.2%
2024 $324,704 -2.9%
2025 $334,384 0.0%

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



Example: 100% financing house in Berkley

Loan amount: $334,384

Interest rate: 6.00%

Fixed monthly payment: $2,004.80

Breakdown in the 1st month:
Interest portion: $1,671.92  –  Principal portion: $332.88

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,951.34 $4,106.27 $330,277.73
2 $19,698.07 $4,359.54 $325,918.18
3 $19,429.18 $4,628.43 $321,289.76
4 $19,143.71 $4,913.90 $316,375.86
5 $18,840.63 $5,216.98 $311,158.88
6 $18,518.86 $5,538.75 $305,620.13
7 $18,177.25 $5,880.37 $299,739.76
8 $17,814.56 $6,243.06 $293,496.71
9 $17,429.50 $6,628.11 $286,868.60
10 $17,020.69 $7,036.92 $279,831.67
11 $16,586.67 $7,470.94 $272,360.73
12 $16,125.88 $7,931.73 $264,429.00
13 $15,636.67 $8,420.95 $256,008.05
14 $15,117.28 $8,940.33 $247,067.72
15 $14,565.86 $9,491.75 $237,575.97
16 $13,980.43 $10,077.18 $227,498.79
17 $13,358.89 $10,698.72 $216,800.06
18 $12,699.02 $11,358.59 $205,441.47
19 $11,998.44 $12,059.17 $193,382.30
20 $11,254.66 $12,802.95 $180,579.35
21 $10,465.00 $13,592.61 $166,986.74
22 $9,626.64 $14,430.97 $152,555.77
23 $8,736.57 $15,321.04 $137,234.73
24 $7,791.60 $16,266.01 $120,968.72
25 $6,788.35 $17,269.26 $103,699.46
26 $5,723.22 $18,334.39 $85,365.06
27 $4,592.39 $19,465.22 $65,899.85
28 $3,391.82 $20,665.79 $45,234.06
29 $2,117.20 $21,940.41 $23,293.65
30 $763.97 $23,293.65 $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 Berkley, MI


1500 sqft3900 sqft
Ø selling price$446,491$949,807
Ø fast selling$405,901$854,826
Ø high price sale$487,081$1,044,787

In 2026, houses in Berkley, MI will be offered at an average price of $246 per square foot. A 1,500 sqft home priced at $446,491 is 21.57% more expensive per square foot than a 3,900 sqft home priced at $949,807. Home prices in Berkley, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $657,558. Sellers who can wait longer may achieve a higher price of up to $803,683.


Discover Berkley, MI

Community and Downtown

Berkley, MI is a welcoming Oakland County city known for its small-town charm, tree-lined streets, and highly walkable neighborhoods. Located just northwest of Detroit and near Royal Oak and Ferndale, Berkley, Michigan offers convenient access to major employers, I-696, and Woodward Avenue.
Residents appreciate the friendly community feel, diverse housing options, and a thriving local business scene that makes Downtown Berkley a destination. Centered along 12 Mile Road, the downtown district blends independent boutiques, coffee shops, and acclaimed restaurants.

Lifestyle and Events

Families are drawn to Berkley Public Schools, active youth programs, and a network of well-kept parks and playgrounds. Signature events such as Berkley Days and the Berkley CruiseFest, plus nearby Woodward Dream Cruise festivities, build strong community spirit.
Outdoor lovers enjoy easy connections to regional trails, recreation leagues, and nearby farmers markets. Pet-friendly streets, block parties, and walkable corners make everyday living in Berkley MI simple and social.

Homes and Location

The local real estate market features classic bungalows, updated ranches, and charming mid-century homes that attract first-time buyers and downsizers alike.
Whether you are exploring food and shopping on 12 Mile, commuting to downtown Detroit or Troy, or launching a small business, Berkley, MI delivers convenient location, value, and a warm neighborhood vibe.



FAQ – Home Values in Berkley

What is the median home value in Berkley in 2026?

In 2026, the typical home value in Berkley is about $334,384 for an average home size of 1365 square feet. This corresponds to an average price of roughly $246 per square foot.

What is the average cost per square foot in Berkley?

In 2026, homes in Berkley sell for an average of around $246 per square foot, with a typical range between $257 and $257 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 Berkley is about 1365 square feet, with an estimated 2026 value around $334,384.



Locations close to Berkley, MI

Royal Oak, MI248 $ / ft²
Smiths Creek, MI134 $ / ft²
Southfield, MI129 $ / ft²
Madison Heights, MI214 $ / ft²
Huntington Woods, MI284 $ / ft²
Pleasant Ridge, MI238 $ / ft²




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