Start Free
All market snapshots / 40403

Berea, KY 40403 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Berea, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 4545PendingPending sales: 66
Berea, KY: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $295k$295kSoldMedian sold price (last 6 months): $255k$255k
What homes actually sell for in Berea, KY
Distribution of 243 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $215k to $302k
$150k to $188k: 25 sales$150k$188k to $227k: 37 sales$227k to $265k: 62 sales62sales$227k$265k to $304k: 47 sales$304k to $342k: 18 sales$304k$342k to $380k: 17 sales$380k to $419k: 8 sales$380k$419k to $457k: 4 salesMedian $255k

What the numbers say

As of October 5, 2026, Resideline is tracking 45 active listings and 6 pending sales in ZIP code 40403. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $294,900, while the median of the 243 closed sales Resideline tracked over the last six months was $254,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 40403 for 59 days.

Frequently asked questions

What is the median home price in 40403?

The median closed sale price in Berea, KY 40403 was $254,900 over the last six months, based on 243 closed sales tracked by Resideline. The middle half of those sales ranged from $215,000 to $302,000.

Is 40403 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 45 active listings in 40403, a pending-to-active ratio of 0.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 40403 currently looks like a balanced market.

Nearby ZIP code market data

Running a deal in 40403? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator

Run any 40403 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.