New Berlin, WI Home Values & Market Trends
Real estate market trends reflect that there have been 575 transactions over the past year in New Berlin. The median value for residential home transactions that occurred over the previous year is $392,761.04. The number of current listings in New Berlin is 12, and the percentage of properties for sale in the city is 12.00%. New Berlin, WI currently has 23 properties in foreclosure, 5 bank owned properties, 0 properties headed for auction, and 12 properties for sale.
New Berlin, WI Real Estate Market Overview
Housing Market Summary for New Berlin, WI
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $464.9K | $376.2K | -19.09% |
Median Sold Price | $368K | $376.2K | 2.23% |
Homes For Sale | 14 | 10 | -28.57% |
Homes Sold | 304 | 288 | -5.26% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Berlin, WI
Browse Homes in New Berlin, WI
New Berlin home values range from $58,746 to $2,180,315. The median estimated value of a home in New Berlin is $392,761.04. The median list price of a home is 412,450, and the total count of properties in the city is 13,913.
- Pre-ForeclosurePre-foreclosure homes account for 0.13% of all residential properties in New Berlin, WI with 53151 containing 15 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within New Berlin, WI; of those zips, the estimated home value for pre-foreclosure homes ranges from $686,750 in 53146 to the lowest home value of $237,709 in 53151.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Berlin, WI ranges from the highest value of $692,000 in 53151 to the lowest value of $385,519 in 53151. Bank owned homes and properties account for 0.04% of properties in New Berlin, WI. There are 2 zips within New Berlin, WI; 53151 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of New Berlin, WI. Auction homes and other auction properties account for 0% of all properties in New Berlin, WI. There are 2 zips within New Berlin, WI; of those zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for New Berlin, WI
Guide for New Berlin, WI
Madison’s real estate market continues to robustness, with varied trends across different market segments.
Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.
Wisconsin Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.