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    Berea, KY
    Residential

    Berea, KY Residential Land & Home Lots for Sale

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    Residential Development Land in City Limits
    Updated: Jul 12
    Residential Development Land in City Limits

    1035 Peggy Flats Road, Berea, KY 40403

    $699,900
    26.00 AC lot
    26+/- acre residential development opportunity for Fincastle Subdivision Phase II in Berea, Kentucky
    Located within Berea city limits for access to city sewer, water, and electric utilities
    Water available on the property
    Near Berea College and Berea Community Schools
    Minutes from Pinnacles hiking trails and Berea walking and biking trails
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    Land Approved for Apartment Building
    Updated: Mar 31
    Land Approved for Apartment Building

    320 Rash Road, Berea, KY 40403

    $649,000
    5.11 AC lot
    5.11 acre land 99% approved for a 62‑unit apartment building
    Shovel‑ready development plan included for "The Villas at Walnut Meadow" apartment complex
    Ideal location in the heart of Berea, Kentucky
    Walking distance to Berea College
    Planning and zoning already in place
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    20.69 Acres Land in Berea
    20.69 Acres Land in Berea

    Tract 3 Deer Valley Road, Berea, KY 40403

    $225,000
    20.69 AC lot

    20.69 acre tract of land suitable for residential development.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Berea, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Lot in Richmond, KY
    Residential Lot in Richmond, KY

    122 Old Pond Way, Richmond, KY 40475

    $38,000
    1.05 AC lot

    1.05-acre lot ready for your dream home.

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    Residential Land Tract with Mixed Timber
    Residential Land Tract with Mixed Timber

    735 Tower Drive, Richmond, KY 40475

    $259,900
    27.00 AC lot

    27-acre tract with both cleared and wooded areas, offering flexibility for one residence plus accessory structures.

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    Residential Development Land Parcel
    Residential Development Land Parcel

    205 Saddlebrook Court, Nicholasville, KY 40356

    $194,750
    0.45 AC lot

    Residential land parcel zoned R-1 with access to community pond, walking trail, and a gazebo.

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    Residential Home Lot in R-1
    Residential Home Lot in R-1

    201 Saddlebrook Court, Nicholasville, KY 40356

    $194,750
    0.45 AC lot

    Residential land lot zoned R-1 within The Estates at Ashgrove Farms community in Nicholasville, KY.

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    Berea, KY Residential Land & Home Lots Market Trends and Statistics

    Explore 3 residential land & home lots for sale in Berea, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,573,900.

    Sale prices for home sites in Berea, KY start at $225,000, averaging $524,633, and reaching up to $699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 13
    Residential land & home lots 3
    Hunting land 2
    Industrial land 2
    Recreation land 2

    Demographics Overview

    Population 28K
    Population Growth (5Y) +9.9%
    Median Household Income $60,105
    College Educated 46.7%

    High-Yield Neighborhoods for Investment

    Identify Berea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40403 $343.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.04%
    Property Tax per SF $8.98 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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