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BEREA, KY 40403

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

Market Analysis

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

The BEREA, KY real estate market (40403) currently shows 155 active listings, with 52 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.

The median listing price has fallen 1% year-over-year, from $277,913 to $275,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
155
⇧ 25% vs 124 last year
Pending
52
34% pending ratio
Median Price
$275,000
⇩ 1% vs $277,913 last year
Average Price
$333,758
⇧ 11.1% vs $300,417 last year
Days on Market
57
vs 57 days last year

Price Per Square Foot

Median $/sqft
$184
⇩ 1.1% vs $186/sqft last year
Median Home Size
1,505 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 155 this year vs 124 last year
  • Days on market: 57 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $275,000 (-1% YoY)
  • Average: $333,758 (+11.1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 29.5 miles — 477 listings ($216,712,282 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40403Berea, KY 404030.0 mi120$37,253,520$279,975$310,446
40460Orlando, KY 4046012.3 mi4$617,868$94,900$154,467
40385Waco, KY 4038513.8 mi13$4,272,632$275,000$328,664
40419Crab Orchard, KY 4041915.0 mi14$3,053,568$186,175$218,112
40456Mount Vernon, KY 4045615.3 mi25$6,869,000$288,100$274,760
40336Irvine, KY 4033617.3 mi40$10,794,320$215,000$269,858
40444Lancaster, KY 4044419.1 mi62$31,168,516$390,100$502,718
40729East Bernstadt, KY 4072923.5 mi22$10,111,332$269,975$459,606
40402Annville, KY 4040225.0 mi4$796,160$166,750$199,040
40515Lexington, KY 4051525.5 mi112$74,568,256$580,331$665,788
40312Clay City, KY 4031226.3 mi18$6,596,316$231,900$366,462
42567Eubank, KY 4256728.2 mi18$5,486,094$269,000$304,783
40390Wilmore, KY 4039029.5 mi25$25,124,700$1,331,250$1,004,988

Frequently Asked Questions

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

As of April 2026, there are 155 active listings in BEREA, KY (zip code 40403), compared to 124 the prior year.

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

The median listing price in BEREA, KY 40403 is $275,000 as of April 2026, a 1% decrease from $277,913 the prior year.

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

Homes in BEREA, KY 40403 spend an average of 57 days on the market before going under contract, compared to 57 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 April 2026, BEREA, KY 40403 is currently a Balanced Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.

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 $5,500 compared to a typical 5% commission on the median listing price of $275,000. 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.