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BEREA, KY 40403

Real Estate Market Report  ·  Madison County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
123
vs 123 last year
Pending
22
18% pending ratio
Median Price
$285,000
⇧ 6.3% vs $268,175 last year
Average Price
$307,755
⇧ 3.7% vs $296,746 last year
Days on Market
75
⇩ 12.8% vs 86 days last year

Market Context

Population: 26,104  ·  Density: 90.8/mi²  ·  Median household income: $57,500

Typical home value: $174,377  ·  Homeownership: 68.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The BEREA, KY real estate market (40403) currently shows 123 active listings, with 22 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 75 days on market compared to 86 days last year.

The median listing price has risen 6.3% year-over-year, from $268,175 to $285,000.

Whether you are buying or selling in BEREA, KY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 75 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $285,000 (+6.3% YoY)
  • Average: $307,755 (+3.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.5 miles — 487 listings ($219,768,285 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40403Berea, KY 404030.0 mi123$37,853,865$285,000$307,755
40460Orlando, KY 4046012.3 mi3$628,350$209,450$209,450
40385Waco, KY 4038513.8 mi10$3,364,130$329,000$336,413
40419Crab Orchard, KY 4041915.0 mi15$4,836,120$314,900$322,408
40456Mount Vernon, KY 4045615.3 mi24$6,442,560$271,750$268,440
40336Irvine, KY 4033617.3 mi41$11,799,103$244,700$287,783
40444Lancaster, KY 4044419.1 mi68$32,153,732$362,500$472,849
40729East Bernstadt, KY 4072923.5 mi26$11,494,886$250,000$442,111
40402Annville, KY 4040225.0 mi3$619,401$148,500$206,467
40515Lexington, KY 4051525.5 mi117$75,894,858$583,331$648,674
40312Clay City, KY 4031226.3 mi16$5,701,968$223,450$356,373
42567Eubank, KY 4256728.2 mi18$4,526,586$189,999$251,477
40390Wilmore, KY 4039029.5 mi23$24,452,726$1,425,000$1,063,162

Frequently Asked Questions

How many homes are for sale in BEREA, KY 40403?

As of January 2026, there are 123 active listings in BEREA, KY (zip code 40403), compared to 123 the prior year.

What is the median home price in BEREA, KY 40403?

The median listing price in BEREA, KY 40403 is $285,000 as of January 2026, a 6.3% increase from $268,175 the prior year.

How long do homes stay on the market in BEREA, KY?

Homes in BEREA, KY 40403 spend an average of 75 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in BEREA, KY 40403?

Based on current inventory and days-on-market data as of January 2026, BEREA, KY 40403 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 75 days on market compared to 86 days last year.

How much can I save on real estate commission in BEREA, KY?

With SELL123.com's maximum 3% commission, sellers in BEREA, KY 40403 save an estimated $5,700 compared to a typical 5% commission on the median listing price of $285,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.