Market Overview
Home Prices in Berkeley, MO
The median home value in Berkeley, MO is $98,148 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Berkeley are priced76% below average. Berkeley is part of the St. Louis, MO-IL metro area.
Over the past five years, Berkeley home values have risen by approximately35.1%, reflecting strong long-term appreciation in this market.
Price History
Berkeley Home Price Trend
City Comparison
Berkeley vs. National Median
At $98,148, homes in Berkeley cost 76% below the national median of $410,000. This makes Berkeley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Berkeley?
20% Down Payment
$19,630
on $98,148
Monthly P&I
$512/mo
30-yr @ 6.8%
Total Monthly Est.
~$650/mo
incl. taxes & insurance
Income Needed
$26,000
gross annual (30% rule)
10% Down Option
$9,815
+ PMI applies
Loan Amount (20% dn)
$78,518
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Berkeley, MO?
The median home value in Berkeley is $98,148 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Berkeley?
Over the past year, home values in Berkeley have increased by 5.5%. Over five years, prices have risen approximately 35.1%.
How much do I need to earn to buy a home in Berkeley?
To comfortably afford the median home price of $98,148 with a 20% down payment ($19,630) at today's rates (6.8%), you'd need a gross annual income of approximately $26,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Berkeley compare to the national average home price?
The national median home value is approximately $410,000. At $98,148, homes in Berkeley are 76% below the national average.
What metro area is Berkeley part of?
Berkeley is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.