Housing in Berkley, MA is a highly sought after commodity with the median value at $548,300. This is significantly higher than the national median of $338,100 and reflects both a strong housing market as well as the many desirable amenities found in Berkley. The US experienced an 8.27% increase in home values over the past year whereas homes in Berkley saw an even greater 10.36% appreciation. With such a high median value and steady increase in value, it is no wonder why so many people are eager to move into the Berkley area.
The median home cost in Berkley is $548,300. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Berkley is up 12.9%.
Average Age of Homes
- The median age of Berkley real estate is 31 years old
The Rental Market in Berkley
- Renters make up 4.4% of the Berkley population
- 1.5% of houses and apartments in Berkley, 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.