Is Berea, OH 44017 a buyer’s or seller’s market?
Berea is a seller’s market. With about 1.3 months of supply and 55% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 97% of U.S. ZIP codes, and #5 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Berea housing market right now
In the three months ending August 31, 2026, 55% of homes in Berea, OH 44017 sold above their list price, the typical home went under contract in 9 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 77 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 66%, homes sold about as fast and the median sale price fell 4% to $255,310. Overall, Berea is less competitive than a year ago, which gives buyers more room.
Within Cuyahoga County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 90%. On our competition score, Berea ranks #5 of 489 OH ZIP codes with enough sales (score 93 out of 100).
Nearby, buyers who want less competition could look at Cleveland 44127 (0% sold over asking) or Cleveland 44114 (0% sold over asking), while Brookpark 44142 (57% sold over asking) and Cleveland 44130 (57% sold over asking) are even more competitive.
Run the numbers for 44017
Nearby markets
Bay Village 44140Seller’s market $270 /sq ftBeachwood 44122Seller’s market $202 /sq ftBedford 44146Seller’s market $146 /sq ftBrecksville 44141Seller’s market $199 /sq ft Browse all markets →Towns like Berea nearby
Find towns like Berea in other states →Where Berea is
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Questions about Berea real estate
Is Berea a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in Berea, OH 44017 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Berea?
The typical home went under contract in 9 days in the latest three months.
Do homes in Berea sell over asking?
55% of homes sold above their original list price, and the typical sale closed at 101.5% of the list price.
What are property taxes in Berea?
About 2.00% of a home’s value a year in Cuyahoga County, or roughly $8,000 on a $400,000 home.
What is the median home price in Berea?
The median sale price was $255,310 in the three months ending August 31, 2026, about $170 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology