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Sarah Mitchell

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Compass Real Estate · New Berlin, WI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

New Berlin, WI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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New Berlin, WI Housing Market

Strong seller's market+3.0% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in New Berlin, WI is worth $455,414, rose 3.0% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $468,000, +14.1% year over year (through May 2026). With 1.6 months of supply and homes going under contract in about 36 days, New Berlin is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $455,414 home is about $2,431/mo in principal and interest.

Key numbers for New Berlin, WI

Typical home value

$455,414

+3.0% in 12 months

Zillow, August 2026

Typical asking rent

$1,946/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$468,000

+14.1% year over year

Redfin, through May 2026

Days on market

36

Average pace

Redfin, through May 2026

Active listings

61

1.6 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$97,414

Home costs 4.7x income

U.S. Census ACS, 2023

Sale-to-list ratio

102.0%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is New Berlin a buyer's or seller's market?

Strong seller's market1.6 months of supply36 days on market102.0% of asking

New Berlin, WI is a strong seller's market, based on 1.6 months of supply and homes selling in about 36 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the New Berlin housing market data show?

Every row below is Redfin's final published month for New Berlin, WI. Redfin, through May 2026

Housing market statistics for New Berlin, WI, Redfin through May 2026
MetricValue
Median sale price$468,000
Median list price$482,450
Year-over-year price change+14.1%
Median price per sq ft$251/sq ft
Median days on market36 days
Active inventory61 listings
Months of supply1.6 months
Sale-to-list price ratio102.0%
Homes sold (that month)39
New listings (that month)50
Listings with a price cut9.8%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for New Berlin is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in New Berlin is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have New Berlin home prices moved?

Over the last three years the median sale price in New Berlin, WI rose 12.8%, from $415,000 to $468,000. The live Zillow value series has rose 3.0% in the last 12 months, which is the more current read now that Redfin's series has stopped. 9.8% of New Berlin listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.6 months while the sale-to-list ratio slips below its current 102.0%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in New Berlin?

Priced off the typical home value of $455,414 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in New Berlin, WI
Down paymentCash at closeLoan amountMonthly P&I
20%$91,083$364,332$2,431/mo
5%$22,771$432,644$2,887/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,431, that implies roughly $104,197 a year before you add taxes and insurance. The median household in New Berlin earns $97,414, about $6,783 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.7x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in New Berlin in the next 12 months?

Tell us your timeline. We send the New Berlin market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in New Berlin?

Typical asking rent in New Berlin, WI is $1,946/mo, against a typical home value of $455,414. That is a price-to-rent ratio of 19.5x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,431 a month — $485 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in New Berlin?

Active listings in New Berlin, WI went from 59 in May 2025 to 61 in May 2026, a +3.4% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in New Berlin, WI
MonthActive listingsNew listings
June 20255642
July 20256151
August 20256238
September 20257755
October 20256241
November 20255024
December 20253013
January 20263329
February 20264336
March 20264637
April 20265442
May 20266150

Redfin, through May 2026

How does New Berlin compare to Wisconsin and the U.S.?

New Berlin homes sell for $468,000 — 29% above the Wisconsin median of $361,600. Against the national median of $410,700, New Berlin runs 14% higher. Year-over-year, New Berlin moved +14.1% against Wisconsin's +6.5% — a bigger swing than the state as a whole.

New Berlin, WI compared with Wisconsin and the United States
MarketMedian sale priceYoYDays on market
New Berlin, WI$468,000+14.1%36 days
Wisconsin statewide$361,600+6.5%44 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in New Berlin

What buyers should watch

  • Months of supply, currently 1.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 9.8%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $456 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $455,414 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median New Berlin listing goes under contract in 36 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 102.0% of asking. Price at the number you want and let competition do the rest.
  • In the last published month New Berlin added 50 new listings against 39 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +3.0% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside New Berlin varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in New Berlin

There are currently 61 homes listed for sale in New Berlin, Wisconsin. The median listing price is $482K. Featured listings range from $200,000 to $699,900.

land for sale at 3120 S Wehr Rd New Berlin 53146 - $200,000
New Listing
2
$200,000

3120 S Wehr Rd

New Berlin, WI 53146

Land42,253 sqft lot

Ryan Delaney · The Lavender Group

View photos & details
3 bedroom house for sale at 21401 W Woodland Dr New Berlin 53146 - $335,000
New Listing
39
$335,000

21401 W Woodland Dr

New Berlin, WI 53146

3 bd2 ba1,234 sqft$271/ft²
House21,780 sqft lot

Pluster Filip Property Group* · Keller Williams Realty-Lake Country

View photos & details
3 bedroom condo for sale at 17940 W Jacobs Ridge Ct New Berlin 53146 - $359,900
New Listing
31
$359,900

17940 W Jacobs Ridge Ct

New Berlin, WI 53146

3 bd2 ba1,787 sqft$201/ft²
Condo

Yer Klumb · Coldwell Banker Realty

View photos & details
3 bedroom house for sale at 3551 S Woodland Ct New Berlin 53146 - $374,900
New Listing
40
$374,900

3551 S Woodland Ct

New Berlin, WI 53146

3 bd2 ba1,344 sqft$279/ft²
House22,216 sqft lot

Christopher Novak · Coldwell Banker HomeSale Realty - Wauwatosa

View photos & details
3 bedroom house for sale at 2315 S Lombardy Ln New Berlin 53151 - $389,900
New Listing
37
$389,900

2315 S Lombardy Ln

New Berlin, WI 53151

3 bd2 ba1,249 sqft$312/ft²
House22,651 sqft lot

Jessica Stappas · Abundance Real Estate

View photos & details
4 bedroom house for sale at 15875 W Marietta Dr New Berlin 53151 - $419,900
New Listing
20
$419,900

15875 W Marietta Dr

New Berlin, WI 53151

4 bd3 ba2,200 sqft$191/ft²
House12,197 sqft lot

Kelly Gabor · Bear Realty Of Burlington

View photos & details
3 bedroom house for sale at 15175 W Kingsway Dr New Berlin 53151 - $450,000
New Listing
23
$450,000

15175 W Kingsway Dr

New Berlin, WI 53151

3 bd2 ba1,961 sqft$229/ft²
House10,019 sqft lot

The Marciniak Team* · RE/MAX Lakeside-Central

View photos & details
3 bedroom house for sale at 13500 W Old Oak Ln New Berlin 53151 - $459,900
New Listing
41
$459,900

13500 W Old Oak Ln

New Berlin, WI 53151

3 bd2 ba1,702 sqft$270/ft²
House13,504 sqft lot

Kelley Ruzicka · Firefly Real Estate, LLC

View photos & details
4 bedroom house for sale at 15540 W Glendale Dr New Berlin 53151 - $474,900
New Listing
26
$474,900

15540 W Glendale Dr

New Berlin, WI 53151

4 bd3 ba2,370 sqft$200/ft²
House28,314 sqft lot

Tiffany Cusatis · Redefined Realty Advisors LLC

View photos & details
4 bedroom house for sale at 15429 W Mayflower Ct New Berlin 53151 - $497,900
New Listing
62
$497,900

15429 W Mayflower Ct

New Berlin, WI 53151

4 bd3 ba2,710 sqft$184/ft²
House10,890 sqft lot

Paula Becker · RE/MAX United - West Bend

View photos & details
2 bedroom condo for sale at 3030 S 130th St New Berlin 53151 - $504,900
New Listing
17
$504,900

3030 S 130th St

New Berlin, WI 53151

2 bd3 ba2,353 sqft$215/ft²
Condo

Fedaa Yaghnam · Coldwell Banker Realty

View photos & details
4 bedroom house for sale at 20365 W National Ave New Berlin 53146 - $699,900
New ListingPrice Drop −$100K
36
$699,900

20365 W National Ave

New Berlin, WI 53146

4 bd2 ba1,616 sqft$433/ft²
House1.85 acres

Patrick Flanagan · Four Seasons Investments Inc

View photos & details

Looking to buy in New Berlin?

Get connected with a local real estate expert — free, no obligation.

Active listings

61

Homes on market

Median list price

$482K

Avg. days on market

36

Days until sale

New this week

50

Newly listed

Price drops:9.8%of listings
Sale-to-list:102.0%

How much do homes cost in New Berlin by property type?

How the New Berlin, WI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in New Berlin, WI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$475,500$258/sq ft3035 days
Condo / co-op$325,350$220/sq ft843 days
Townhouse$452,000$171/sq ft162 days

Who lives in New Berlin?

American Community Survey estimates for New Berlin. U.S. Census ACS, 2023

Population

40,384

Households

17,214

Median income

$97,414/yr

Median age

45.9 years

Owner-occupied

76.0%

Median home value

$343,500

Median gross rent

$1,409/mo

Mean commute

22.3 min

76.0% of occupied homes in New Berlin are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $343,500 against Zillow's $455,414 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,409/mo, below Zillow's $1,946/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve New Berlin?

7 schools tracked · 4,580 students

The largest public schools serving New Berlin, WI 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.

Eisenhower Middle/High

Grades 7-12 · 1,048 students

Public

New Berlin West Middle/High

Grades 7-12 · 1,028 students

Public

Ronald Reagan Elementary

Grades PK-6 · 677 students

Public

Elmwood Elementary

Grades PK-6 · 554 students

Public

Poplar Creek Elementary

Grades PK-6 · 478 students

Public

Orchard Lane Elementary

Grades PK-6 · 468 students

Public

Hoover Elementary

Grades PK-5 · 327 students

Public

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, WI?

Ordered by distance from New Berlin, not by size. Compare New Berlin side by side with any of them.

Which ZIP codes are in New Berlin?

These are the ZIP codes we see on active New Berlin listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

New Berlin housing market FAQ

Is New Berlin a buyer's or seller's market?

New Berlin, WI is currently a strong seller's market. That read comes from 1.6 months of supply, homes going under contract in about 36 days, and sellers getting 102.0% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in New Berlin?

The typical home in New Berlin, WI is worth $455,414 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $468,000, about $251 per square foot.

Is New Berlin cheaper than the rest of Wisconsin?

New Berlin's median sale price of $468,000 is 29% higher than the Wisconsin statewide median of $361,600, and 14% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in New Berlin?

Homes in New Berlin, WI spent a median of 36 days on market before going under contract, versus 44 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in New Berlin?

At the current 30-year fixed rate of 7.03%, 20% down on a $455,414 home is about $2,431 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $104,197 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $97,414.

Are home prices rising in New Berlin?

The typical home value in New Berlin, WI rose 3.0% over the last 12 months, from $442,321 to $455,414 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in New Berlin?

New Berlin ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in New Berlin?

That depends on your timeline, not on a headline. What the data says today: New Berlin, WI is a strong seller's market with 1.6 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 19.5x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.