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BEREA, KY 40403

Real Estate Market Report  ·  Madison County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The BEREA, KY real estate market (40403) currently shows 120 active listings, with 28 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 81 days on market compared to 89 days last year.

The median listing price has risen 3.7% year-over-year, from $270,000 to $279,975.

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
120
⇩ 4.8% vs 126 last year
Pending
28
23% pending ratio
Median Price
$279,975
⇧ 3.7% vs $270,000 last year
Average Price
$310,446
⇧ 7% vs $290,258 last year
Days on Market
81
⇩ 9% vs 89 days last year

Price Per Square Foot

Median $/sqft
$188
⇧ 8.7% vs $173/sqft last year
Median Home Size
1,457 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 120 this year vs 126 last year
  • Days on market: 81 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $279,975 (+3.7% YoY)
  • Average: $310,446 (+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
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 — 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 February 2026, there are 120 active listings in BEREA, KY (zip code 40403), compared to 126 the prior year.

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

The median listing price in BEREA, KY 40403 is $279,975 as of February 2026, a 3.7% increase from $270,000 the prior year.

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

Homes in BEREA, KY 40403 spend an average of 81 days on the market before going under contract, compared to 89 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 February 2026, BEREA, KY 40403 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 81 days on market compared to 89 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 $5,600 compared to a typical 5% commission on the median listing price of $279,975. 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.