New Berlin, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating New Berlin Neighborhoods Since 2000




New 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

New Berlin Housing Market Information

With a population of 39,825, 16,834 total housing units (homes and apartments), and a median house value of $260,982, New Berlin real estate is some of the most expensive in Wisconsin, although New Berlin home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in New Berlin, accounting for 69.42% of the city's housing units. Other types of housing that are prevalent in New Berlin include large apartment complexes or high rise apartments ( 21.39%), row houses and other attached homes ( 5.66%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.33%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in New Berlin. Owner-occupied housing accounts for 75.86% of New Berlin's homes, and 66.01% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in New Berlin built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in New Berlin built between 1940-1969 ( 33.45%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.07%). There's also some housing in New Berlin built before 1939 ( 4.28%).

New Berlin Home Appreciation Rates

Real estate appreciation rates in New Berlin's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.17% during the period.

NeighborhoodScout's data show that during the latest twelve months, New Berlin's appreciation rate, at 4.02%, has been at or slightly above the national average. In the latest quarter, New Berlin's appreciation rate has been 1.02%, which annualizes to a rate of 4.13%.

Relative to Wisconsin, our data show that New Berlin's latest annual appreciation rate is lower than 50% of the other cities and towns in Wisconsin.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within New Berlin differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in New Berlin - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best New Berlin real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$260,982

New Berlin, WI HOME PRICES

Value Range
> $1,110,000 0.7
$833,001 - $1,110,000 0.4
$555,001 - $833,000 2.3
$444,001 - $555,000 5.1
$333,001 - $444,000 13.8
$222,001 - $333,000 48.3
$111,001 - $222,000 25.5
$56,001 - $111,000 1.8
$0 - $56,000 2.1

Very High for WI
High for Nation

Value Relative to Nation Value Relative to State
20.9187858900738 11.7043121149897

Number Of Homes And Apartments:
16,834

New 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
36.82% 1.83% 7 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,280 / per month

Homeownership Rate

Homeownership
Owners 75.86
Renters 24.14
Vacant 2.93

Housing Market Details

 

Age of Homes

AGE OF New Berlin HOMES
2000 or Newer 12.1
1970 - 1999 50.2
1940 - 1969 33.5
1939 or Older 4.3

Types of Homes

TYPE OF New Berlin HOMES
Single-Family 69.4
Townhomes 5.7
Small Apt. Buildings 3.3
Apt. Complexes 21.4
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF New Berlin HOMES
No Bedroom 1.14
1 Bedroom 9.05
2 Bedrooms 21.63
3 Bedrooms 45.88
4 Bedrooms 20.14
5 or more bedrooms 2.17