Berkeley, MO is a great place to live for those looking for a more affordable housing option. The median housing value in Berkeley is $80,600, which is significantly lower than the US median of $338,100. Despite this difference, Berkeley has seen a healthy rate of appreciation over the past year with a 7.75% increase. This means that now could be an ideal time to invest in property in Berkeley as prices are increasing but still remain relatively low when compared to the national average.
The median home cost in Berkeley is $80,600. Home appreciation the last 10 years has been 68.8%. Home Appreciation in Berkeley is up 11.4%.
Average Age of Homes
- The median age of Berkeley real estate is 60 years old
The Rental Market in Berkeley
- Renters make up 44.9% of the Berkeley population
- 1.9% of houses and apartments in Berkeley, 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.