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Foreclosure Homes in Berkley, MI

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Cass-blvd-Berkley-MI-48072
Preforeclosure NEW
$254,800 EMV

Cass Blvd
Berkley, MI 48072

4 Bed | 2 Bath | 1,414 Sq. Ft.

1 Larkmoor-blvd-Berkley-MI-48072
Preforeclosure
$193,873 EMV

Larkmoor Blvd
Berkley, MI 48072

3 Bed | 1 Bath | 1,250 Sq. Ft.

Griffith-ave-Berkley-MI-48072
Bankruptcy
$233,748 EMV

Griffith Ave
Berkley, MI 48072

3 Bed | 1 Bath | 1,878 Sq. Ft.

Cummings-ave-Berkley-MI-48072
Bankruptcy
$206,274 EMV

Cummings Ave
Berkley, MI 48072

Catalpa-dr-Berkley-MI-48072
Preforeclosure

Catalpa Dr
Berkley, MI 48072

3 Bed | 2 Bath | 1,864 Sq. Ft.

17 Rosemont-rd-Berkley-MI-48072
Fixer Upper
$285,000 List Price

Rosemont Rd
Berkley, MI 48072

3 Bed | 2 Bath

Displaying 1 - 6 of 6
 

Foreclosure Homes in Berkley, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Berkley, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Berkley, MI and much more. Save thousands at closing with home foreclosure listings in Berkley, MI — up to 75% off market value!


Top Reasons To Live In Berkley, MI In 2021

Berkley is located in Oakland, Michigan, with an estimated municipal population of 15,366 residents. All of the best foreclosed homes for sale in Berkley are located in the following zip code areas on Foreclosure.com: 48072. The estimated population per square kilometer (.62 miles) in Berkley is 2,268.


Cost Of Living In Berkley, MI

So, about how much do homes cost in Berkley? The most recent median value of resident-owned homes in Berkley is 198,740. An estimated 81.7 percent of households in Berkley own their homes, with an average family size of 2.99. The median household income in Berkley is 86,905, with41.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Berkley, the median commute time of resident workers (in minutes) is 23.8. And last, but certainly not least, are you looking for homes to rent in Berkley? If so, the average rent price paid by renters in Berkley is 1,115, according to recent statistics.


Diversity And Demographics In Berkley, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Berkley, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Berkley is 37.2, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Berkley is 50.7, with an average family size of 2.99.

The percentage of residents who report their race in Berkley is as follows:

White 92.2%
Black / African American 3.2%
Asian 1.2%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 0.2%

Looking for family-friendly neighborhoods in and/or near Berkley? Or maybe you are searching for 55+ active adult communities in and/or near Berkley?

The percentage of residents who report their age in Berkley is as follows:

Under 10 12%
Aged 10-19 9.5%
20s 14.6%
30s 18.4%
40s 12.2%
50s 12.7%
60s 13.7%
70s 4.1%
80+ 2.9%

Best Schools In Berkley, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Berkley with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Berkley.


Pros And Cons Of Living In Berkley, Michigan

How do you know that living in -- or moving to -- Berkley is right where you need to be? Perhaps you grew up in Berkley or already live nearby; therefore, the decision to buy a home in Berkley is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Berkley for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Berkley:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Berkley.


Reasons To Move To Berkley, Michigan, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Berkley can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Berkley, meanwhile, can field multiple offers from more qualified buyers.

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