Home prices
The median home price in Berea is $138,200. It is roughly $22,140 (13%) lower compared to the surrounding areas.In comparison to the nation as a whole it is roughly $79,300 (36%) lower, and is about $68,600 (98%) higher in comparison to the city of Cleveland.
Rents
Berea's median monthly rent is $847. This is roughly $65 (7%) lower in comparison to its surrounding areas.Compared to the entire nation it is roughly $215 (20%) lower, and in comparison to the city of Cleveland is approximately $128 (17%) higher.
Nearby places
Olmsted Falls
Olmsted Falls is Berea's neighbor to the west. Its real estate prices are somewhat more expensive. The median home in Olmsted Falls is valued at $158,600, which is $20,400 (12%) higher than Berea. The rent there is pretty similar. Olmsted Falls's median rent is $863 a month, which comes out to $16 (1%) higher than Berea.
Middleburg Heights
Middleburg Heights is Berea's neighbor to the east. Its housing prices are a bit more expensive. Middleburg Heights's median home cost is $162,000, which works out to $23,800 (14%) higher than Berea. The rent there is somewhat more expensive. Middleburg Heights's median monthly rent is $908, which is $61 (6%) higher than Berea.
Brook Park
Brook Park is Berea's neighbor to the northeast. Housing prices there are somewhat less expensive. Brook Park's median home price is $118,400, which works out to $19,800 (16%) lower than Berea. Rents there are similar. The median rent in Brook Park is $863 a month, which comes out to $16 (1%) higher than Berea.
Strongsville
Strongsville is Berea's neighbor to the south. Housing prices there are significantly more expensive. The median home in Strongsville costs $206,300, which is $68,100 (33%) higher than Berea. Rent there is a little more expensive. Strongsville's median monthly rent is $1,025, which works out to $178 (17%) higher than Berea.
North Olmsted
North Olmsted is roughly 3 miles northwest of Berea. Its housing prices are a little more expensive. North Olmsted's median home price is $156,400, which comes out to $18,200 (11%) higher than Berea. Its rents are a bit more expensive. In North Olmsted the median monthly rent is $902, which works out to $55 (6%) higher than Berea.