Berea, KY · Houses & Market Data

Berea, Kentucky houses and real estate market data.

Houses in Berea, KY (Madison County) — Census median home value $178,000, county listing prices up about 0.6% over the past year. Market data for Berea houses and the broader area.

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Berea, KY is in Madison County, Kentucky — this guide covers houses in Berea and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 15,557, with a median household income of $56,484. Census data puts Berea houses at a median value of $178,000 (all owner-occupied homes); Madison County's current median listing price runs $345,216, up about 0.6% over the past year.

Info from government sites and builders may have provided source info.

Market overview

Berea housing market

Berea is in Madison County, Kentucky. Manifest Census and county price-trend data provide baseline context for houses in Berea and the surrounding county market.

Median home value (Census ACS)

$178,000

Population (Census ACS)

15,557

Median household income

$56,484

County price trend (2025)

4.35% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Berea market snapshot

Population

15,557

County

Madison County

Median Household Income

$56,484

Median Home Value (city)

$178,000

Median Listing Price (Madison County)

$345,216

Median Gross Rent

$806/mo

Price Trend (YoY)

+0.6%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Berea

What makes Berea different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Berea's median home value — across all owner-occupied homes, not just recent sales — at $178,000. Separately, Madison County's current median listing price (via Realtor.com data, 2026-06-01) runs $345,216. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Madison County's FHFA house price index shows a 4.35% annual change in 2025.

Population & Income

Berea has an estimated population of 15,557 and a median household income of $56,484, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Berea's Census-reported median home value works out to about 3.2x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Berea

County guide: Madison County — cities, market context, and local resources for the county that includes Berea.

USAHouses.com also helps visitors looking in nearby Madison County and other Kentucky communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Richmond.

More Kentucky cities with market guides: Lexington-Fayette, Bowling Green, Owensboro, Covington, Georgetown, Florence, Elizabethtown, Nicholasville.

Adjacent-county Census places with USAHouses.com pages: Brodhead (~14.3 mi), Lancaster (~15.8 mi), Mount Vernon (~16.2 mi), Irvine (~19.3 mi), Ravenna (~20.0 mi), Livingston (~20.6 mi), Winchester (~29.1 mi).

New construction: New homes near Berea (Lexington) · New homes near Berea (Louisville) · Kentucky new construction.

Census & home facts

Berea data from published sources

Population (ACS 2023)

15,557

Median home value (ACS 2023)

$178,000

Median household income (ACS 2023)

$56,484

Median gross rent (ACS 2023)

$806

County FHFA annual change (2025)

4.35%

County median listing price (FRED/Realtor.com) (2026-06-01)

$345,216

Census place type

city

County

Madison County

Land area (Census Gazetteer 2024)

16.52 sq mi

Census GEOID

2105842

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Berea

Schools

Madison County — 23 schools, 11,198 students enrolled, per the U.S. Department of Education's Common Core of Data. Madison addresses may be served by Madison County, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Berea FAQ

What are houses worth in Berea, KY?

The Census Bureau's American Community Survey puts the median value of houses in Berea at $178,000. Madison County's current median listing price runs $345,216, up about 0.6% over the past year.

How much do houses cost in Berea, KY?

For owner-occupied houses in Berea, Census ACS data shows a median value of $178,000. Active listing prices in Madison County may differ — see the market snapshot above.

What types of houses are in Berea, KY?

Berea houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Madison County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Berea, KY?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Berea's population at approximately 15,557.

What's the median rent in Berea, KY?

The Census ACS estimates median gross rent in Berea at approximately $806 per month.

What is the median household income in Berea, KY?

Census ACS data puts the median household income in Berea at approximately $56,484.

Is the Berea housing market growing?

Madison County's FHFA house price index shows a 4.35% annual change in 2025.

Is Berea, KY affordable relative to income?

Census ACS data puts Berea's median home value at about 3.2 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Berea, KY?

Manifest and public school-directory data suggest Madison County for many Berea addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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