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Featured local agent — New Berlin, IL
Sarah Mitchell
Compass Real Estate · New Berlin, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Berlin, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$80,000median sale price
How is the New Berlin, IL housing market right now?
The median home sale price in New Berlin, IL is $80,000, down 52.5% year-over-year. Homes sell in an average of 229 days with 3 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Berlin a buyer's or seller's market?
New Berlin, IL is currently a balanced market, based on 3.0 months of supply and homes selling in about 229 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
229
Average pace
Active listings
3
3.0 months supply
Sale-to-list
100.0%
Above asking
What does the New Berlin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $80,000 |
| Median list price | $227,450 |
| Year-over-year price change | -52.5% |
| Average days on market | 229 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $56/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 66.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in New Berlin by property type?
How the New Berlin, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $80,000 | $56/sq ft | 1 | 229 days |
Source: Redfin · Updated monthly
The New Berlin housing market is currently classified as a balanced market with a median sale price of $80,000. Prices have fallen 52.5% compared to last year, with homes spending an average of 229 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in New Berlin
There are currently 3 homes listed for sale in New Berlin, Illinois. The median listing price is $227K.
Active listings
3
Homes on market
Median list price
$227K
Avg. days on market
229
Days until sale
New this week
2
Newly listed
Who lives in New Berlin?
Population
1,366
Median income
$68,125/yr
Median age
36.9 years
Owner-occupied
79.1%
College grads
36.9%
Avg commute
26.7 min
Source: U.S. Census Bureau ACS
What are homes worth in New Berlin?
Zillow home value
$194,137
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in New Berlin?
New Berlin is a community of approximately 1K residents with a median age of 36.9 years.The median household income is $68,125, which represents a working-class community with solid middle-income opportunities. 36.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 79.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Berlin offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Berlin?
3 schools tracked · 854 students
The largest public schools serving New Berlin, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
New Berlin Elementary School
Grades PK-5 · 442 students
New Berlin High School
Grades 9-12 · 246 students
New Berlin Jr High School
Grades 6-8 · 166 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near New Berlin, IL?
Want a head-to-head view? Compare New Berlin side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Berlin?
The median home sale price in New Berlin is $80,000, down 52.5% from last year.
How long do homes stay on market in New Berlin?
Homes typically spend 229 days on market before going under contract.
What is the median income in New Berlin?
The median household income is $68,125 per year.
Is New Berlin a buyer's or seller's market?
With 3.0 months of supply, New Berlin is currently a balanced market.
What is the Zillow home value estimate for New Berlin?
The Zillow Home Value Index (ZHVI) for New Berlin is $194,137, representing the typical home value in the area.
How much does a single-family home cost in New Berlin?
The median single-family home price in New Berlin, IL is $80,000 (about $56 per square foot).
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