Berkley, MI housing market
The typical Berkley home is worth about $317,000, up 1.9% in a year, 19% above the Michigan typical home. Homes typically sell in 8 days, a little above asking.
Home values, sales, trends and how Berkley compares with the towns next door — updated as new data is published.
Berkley at a glance
A seller's market
Supply is tight — about 2.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Berkley | Michigan |
|---|---|---|
| 2017 | $199,000 | $144,000 |
| 2018 | $219,000 | $155,000 |
| 2019 | $225,000 | $165,000 |
| 2020 | $230,000 | $175,000 |
| 2021 | $249,000 | $194,000 |
| 2022 | $266,000 | $217,000 |
| 2023 | $281,000 | $230,000 |
| 2024 | $296,000 | $241,000 |
| 2025 | $308,000 | $253,000 |
| 2026 | $315,000 | $262,000 |
| August 2026 | $317,000 | $266,000 |
Berkley and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Berkley | $317K | +1.9% | 8 | $116,239 |
| Royal Oak | — | — | 15 | $101,109 |
| Oak Park | $235K | +1.6% | 17 | $71,510 |
| Huntington Woods | $543K | +4.5% | — | $190,150 |
2.7 years of income
The typical Berkley home costs about 2.7 years of the town's median household income, less than across Michigan (3.7 years).
How Berkley ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.