Home prices
The median home value in Berea is $139,300. Compared to the surrounding areas this is about $43,060 (44%) higher.It is about $78,200 (35%) lower compared to the rest of the nation, and is approximately $50,500 (26%) lower in comparison to the city of Lexington-Fayette.
Rents
In Berea the median rent is $715 per month. In comparison to its surrounding areas this is approximately $133 (22%) higher.It is approximately $347 (32%) lower in comparison to the country as a whole, and in comparison to the city of Lexington-Fayette is approximately $181 (20%) lower.
Nearby places
Richmond
Richmond is approximately 9 miles north of Berea. Its real estate prices are a little more expensive. The median home in Richmond is valued at $152,600, which comes out to $13,300 (8%) higher than Berea. Rent there is similar. The median monthly rent in Richmond is $687, which works out to $28 (4%) lower than Berea.
Crab Orchard
Crab Orchard is roughly 13 miles southwest from Berea. Real estate prices there are significantly less expensive. The median home in Crab Orchard is valued at $71,700, which works out to $67,600 (94%) lower than Berea. Its rents are substantially less expensive. The median monthly rent in Crab Orchard is $398, which is $317 (79%) lower than Berea.
Lancaster
Lancaster is roughly 13 miles west from Berea. Housing prices there are significantly less expensive. The cost of the median home in Lancaster is $91,700, which is $47,600 (51%) lower than Berea. Its rents are similar. In Lancaster the median rent is $685 a month, which is $30 (4%) lower than Berea.
Brodhead
Brodhead is about 14 miles southwest from Berea. The housing prices there are a lot less expensive. Brodhead's median home cost is $79,500, which is $59,800 (75%) lower than Berea. The rent there is a little less expensive. Brodhead's median rent is $603 per month, which works out to $112 (18%) lower than Berea.
Mount Vernon
Mount Vernon is about 16 miles south of Berea. Real estate prices there are substantially less expensive. Mount Vernon's median home cost is $85,700, which is $53,600 (62%) lower than Berea. Rent there is significantly less expensive. The median rent in Mount Vernon is $535 per month, which works out to $180 (33%) lower than Berea.
