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Berea, KY Housing

 
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As of 2010-2014, median price of a house in Berea is $126,400, which is about the same as the state average of $121,600 and is lower than the national average of $175,700. The Berea median house value has grown by 58.00% since 2000. The growth rate for the price of a house in Berea is higher than the state average rate of 40.25% and is higher than the national average rate of 46.91%. The median year that a house in Berea was built is 1988, which is newer than the median year for a house built in the state which is 1978 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 2,876 Owner Occupied Houses in Berea, KY, #151
Berea, KY
126,400 USD
Kentucky
121,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #52
Berea, KY
58.00%
Kentucky
40.25%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Berea, KYKentuckyU.S.
Total Housing Units5,738, see rank, 100%1,938,836132,741,033
Occupied Housing Units5,228, 91.11%, see rank87.80%87.55%
Owner Occupied2,876, 50.12%, see rank59.42%56.34%
Renter Occupied2,352, 40.99%, see rank28.38%31.21%
Vacant Housing Units510, 8.89%, see rank12.20%12.45%
For Rent144, 2.51%, see rank2.04%2.34%
For Sale Only107, 1.86%, see rank1.33%1.20%
Rented or Sold, Not Occupied136, 2.37%, see rank1.59%0.92%
For Seasonal, Recreational, or Occasional Use16, 0.28%, see rank2.24%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant107, 1.86%, see rank4.97%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #41
Berea, KYKentuckyU.S.
198819781976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Berea, KY%KentuckyU.S.
Owner-Occupied Units2,876100%1,152,01274,787,460
With a Mortgage1,53753.44%, see rank60.42%65.58%
Without a Mortgage1,33946.56%, see rank39.58%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Berea, KY
1,041 USD
Kentucky
1,124 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsBerea, KY%KentuckyU.S.
$299 or Less432.80%, see rank0.45%0.20%
$300 to $499694.49%, see rank4.00%1.59%
$500 to $6991308.46%, see rank10.65%5.01%
$700 to $99945829.80%, see rank24.79%14.32%
$1,000 to $1,49959338.58%, see rank34.58%27.90%
$1,500 to $1,9991177.61%, see rank14.86%20.35%
$2,000 to $2,9991097.09%, see rank8.07%19.52%
$3,000 or More181.17%, see rank2.60%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Berea, KY
21.70% of the Total Income
Kentucky
21.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Berea, KY%KentuckyU.S.
10% or Less865.60%, see rank7.42%5.86%
10% to 20%58638.13%, see rank38.63%31.95%
20% to 30%40626.42%, see rank26.40%27.64%
30% to 40%20513.34%, see rank11.52%13.74%
40% or More25416.53%, see rank15.53%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Berea, KY
346 USD
Kentucky
336 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsBerea, KY%KentuckyU.S.
$199 or Less685.08%, see rank15.39%7.76%
$200 to $29939229.28%, see rank25.19%14.70%
$300 to $49963747.57%, see rank40.30%34.63%
$500 to $69918213.59%, see rank13.29%21.16%
$700 or More604.48%, see rank5.82%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Berea, KY
11.80% of the Total Income
Kentucky
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Berea, KY%KentuckyU.S.
10% or Less51638.54%, see rank45.97%40.19%
10% to 20%58643.76%, see rank30.79%31.47%
20% to 30%1057.84%, see rank10.69%12.24%
30% to 40%362.69%, see rank4.50%5.64%
40% or More785.83%, see rank6.79%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Berea, KYKentuckyU.S.
Total Housing Units5,738, 100%1,938,836132,741,033
1-unit, Detached3,482, 60.68%, see rank67.21%61.65%
1-unit, Attached131, 2.28%, see rank2.45%5.82%
2 Units316, 5.51%, see rank3.05%3.75%
3 or 4 Units793, 13.82%, see rank4.01%4.43%
5 to 9 Units515, 8.98%, see rank4.66%4.78%
10 or More Units228, 3.97%, see rank6.39%13.08%
Mobile Home, Boat, RV, Van, etc.273, 4.76%, see rank12.23%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Berea, KYKentuckyU.S.
Total Housing Units5,738, 100%1,938,836132,741,033
1 Room139, 2.42%, see rank1.31%1.95%
2 Rooms119, 2.07%, see rank1.58%2.48%
3 Rooms317, 5.52%, see rank6.92%9.13%
4 Rooms1,051, 18.32%, see rank16.56%16.60%
5 Rooms1,494, 26.04%, see rank22.96%20.41%
6 Rooms1,044, 18.19%, see rank19.01%18.06%
7 Rooms699, 12.18%, see rank12.52%12.27%
8 Rooms380, 6.62%, see rank8.32%8.48%
9 Rooms or More495, 8.63%, see rank10.81%10.60%
Median Rooms5.30, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Berea, KYKentuckyU.S.
Total Housing Units5,738, 100%1,938,836132,741,033
No Bedroom139, 2.42%, see rank1.42%2.17%
1 Bedroom385, 6.71%, see rank8.44%11.16%
2 Bedrooms1,808, 31.51%, see rank27.38%26.69%
3 Bedrooms2,679, 46.69%, see rank44.95%39.70%
4 Bedrooms549, 9.57%, see rank14.32%16.05%
5 or More Bedrooms178, 3.10%, see rank3.49%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Berea, KYKentuckyU.S.
Total Housing Units5,228, 100%1,702,235116,211,092
Utility Gas1,335, 25.54%, see rank38.22%48.85%
Bottled, Tank, or LP Gas15, 0.29%, see rank6.49%4.86%
Electricity3,798, 72.65%, see rank50.50%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank1.03%5.86%
Coal or Coke0, 0.00%, see rank0.25%0.12%
Wood19, 0.36%, see rank2.95%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel15, 0.29%, see rank0.30%0.47%
No Fuel Used46, 0.88%, see rank0.24%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalBerea, KYKentuckyU.S.
Occupied Units Paying Rent2,270, 100%496,53639,201,928
$199 or Less10, 0.44%, see rank3.01%1.50%
$200 to $29961, 2.69%, see rank5.28%3.18%
$300 to $499284, 12.51%, see rank15.95%7.37%
$500 to $6991,019, 44.89%, see rank30.85%16.01%
$700 to $999800, 35.24%, see rank29.97%29.17%
$1,000 to $1,49996, 4.23%, see rank12.25%26.88%
$1,500 to $1,9990, 0.00%, see rank1.85%9.79%
$2,000 or More0, 0.00%, see rank0.83%6.10%
Median$653, see rank$667$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Berea, KYKentuckyU.S.
Occupied Housing Units5,228, 100%1,702,235116,211,092
No Vehicles Available432, 8.26%, see rank7.85%9.12%
1 Vehicles Available1,955, 37.39%, see rank33.49%33.80%
2 Vehicles Available2,138, 40.90%, see rank38.04%37.48%
3 or More Vehicles Available703, 13.45%, see rank20.62%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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