Berlin, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Berlin Neighborhoods Since 2000




Berlin, WI Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Berlin Housing Market Information

With 5,420 people, 2,399 houses or apartments, and a median cost of homes of $112,441, house prices in Berlin are solidly below the national average.

Single-family detached homes are the single most common housing type in Berlin, accounting for 68.52% of the city's housing units. Other types of housing that are prevalent in Berlin include large apartment complexes or high rise apartments ( 16.22%), duplexes, homes converted to apartments or other small apartment buildings ( 12.81%), and a few row houses and other attached homes ( 2.07%).

The most prevalent building size and type in Berlin are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.14% owning and 42.86% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Berlin's housing was primarily built during this period, from the '40s through the '60s. A full 35.28% of the city's housing hails from this era. Other housing ages represented in Berlin include homes built before 1939 ( 25.84%) and housing constructed between 1970-1999 ( 25.58%). There's also some housing in Berlin built between 2000 and later ( 13.31%).

Berlin Home Appreciation Rates

Real estate appreciation rates in Berlin's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.76% during the period.

Over the last year, Berlin appreciation rates have trailed the rest of the nation. In the last twelve months, Berlin's appreciation rate has been -4.42%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Berlin were at 0.52%, which equates to an annual appreciation rate of 2.09%.

Relative to Wisconsin, our data show that Berlin's latest annual appreciation rate is lower than 90% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$112,441

Berlin, WI HOME PRICES

Value Range
> $951,000 0.0
$713,001 - $951,000 0.6
$476,001 - $713,000 0.0
$380,001 - $476,000 0.5
$285,001 - $380,000 2.3
$190,001 - $285,000 7.8
$95,001 - $190,000 49.4
$47,001 - $95,000 32.7
$0 - $47,000 6.6

Very Low for WI
Low for Nation

Value Relative to Nation Value Relative to State
69.8699167936248 93.0184804928131

Number Of Homes And Apartments:
2,399

Berlin Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
6.00% 0.34% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$527 / per month

Homeownership Rate

Homeownership
Owners 57.14
Renters 42.86
Vacant 8.01

Housing Market Details

 

Age of Homes

AGE OF Berlin HOMES
2000 or Newer 13.3
1970 - 1999 25.6
1940 - 1969 35.3
1939 or Older 25.8

Types of Homes

TYPE OF Berlin HOMES
Single-Family 68.5
Townhomes 2.1
Small Apt. Buildings 12.8
Apt. Complexes 16.2
Mobile Homes 0.0
Other 0.4

Home Size

SIZE OF Berlin HOMES
No Bedroom 0.81
1 Bedroom 14.23
2 Bedrooms 30.06
3 Bedrooms 40.57
4 Bedrooms 11.73
5 or more bedrooms 2.61

Popular Neighborhoods in Berlin

Zip Codes in Berlin, WI