Berkeley, IL, Real Estate
Berkeley, Illinois, is a small village in Cook County, located just west of Chicago, offering a quiet suburban feel with easy access to the city's amenities. With a population of around 5,000, Berkeley maintains a close-knit community vibe, featuring well-maintained parks like the Berkeley Park District, local eateries, and modest single-family homes. Its proximity to major highways and public transit, including the Metra train, makes it a convenient spot for commuters. The village, named after Berkeley, California, has a rich history tied to the Chicago area’s industrial growth, and today it balances residential charm with nearby urban opportunities.
Berkeley currently has 16 single family homes for sale with an average list price of $318,905.44. The average annual property tax for Berkeley is $5,354.64.
Browse Berkeley
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Berkeley, i.e. what's hot and what's not.
See What's Hot & What's Not in Berkeley
Market Trends
Berkeley home sales for the month of August stayed the same in volume when compared to last year, while the median sale price rose by 33.6% from $282,500 to $377,500. House sales stayed the same, while the median sale price rose by 33.6% from $282,500 to $377,500.
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66
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60
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48
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41
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$246,750
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$270,000
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$281,000
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$281,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Berkeley
Number of Sales for Berkeley
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