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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 & Real Estate

Strong seller's market+14.1% YoY

Housing market overview · Updated monthly ·

$468,000median sale price

How is the New Berlin, WI housing market right now?

The median home sale price in New Berlin, WI is $468,000, up 14.1% year-over-year. Homes sell in an average of 36 days with 61 active listings. The market is currently a strong seller's 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?

Strong seller's market1.6 months of supply36 avg. days on market

New Berlin, WI is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 36 days. How we determine this →

Homes sold

39

Last 12 weeks

Days on market

36

Average pace

Active listings

61

1.6 months supply

Sale-to-list

102.0%

Above asking

What does the New Berlin housing market data show?

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

Source: Redfin · Updated monthly

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.

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

Source: Redfin · Updated monthly

The New Berlin housing market is currently classified as a strong seller's market with a median sale price of $468,000. Prices have risen 14.1% compared to last year, with homes spending an average of 36 days on market, indicating 1.6 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 4.8x provides context for how home values compare to local earning capacity.

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

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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

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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

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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

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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%

Who lives in New Berlin?

Population

40,384

Median income

$97,414/yr

Median age

45.9 years

Owner-occupied

76.0%

College grads

46.6%

Avg commute

22.3 min

Source: U.S. Census Bureau ACS

What are homes worth in New Berlin?

Zillow home value

$463,447

Zillow rent index

$1,699/mo

Price-to-rent ratio

22.7x

Price-to-income

4.8x

Source: Zillow Research

What is it like to live in New Berlin?

New Berlin is a community of approximately 40K residents with a median age of 45.9 years.The median household income is $97,414, which reflects a relatively affluent area with strong earning potential. 46.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 76.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.3 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?

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?

Want a head-to-head view? Compare New Berlin side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in New Berlin?

Is New Berlin a good real estate investment market?

For investors evaluating New Berlin, the price-to-rent ratio of 22.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 14.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on New Berlin's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using New Berlin's median home price.

Frequently asked questions

What is the average home price in New Berlin?

The median home sale price in New Berlin is $468,000, up 14.1% from last year.

How long do homes stay on market in New Berlin?

Homes typically spend 36 days on market before going under contract.

What is the median income in New Berlin?

The median household income is $97,414 per year.

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

With 1.6 months of supply, New Berlin is currently a strong seller's market.

How many homes are for sale in New Berlin?

There are currently 61 homes listed for sale in New Berlin, WI.

What is the Zillow home value estimate for New Berlin?

The Zillow Home Value Index (ZHVI) for New Berlin is $463,447, representing the typical home value in the area.

What is the median condo price in New Berlin?

The median condo/co-op sale price in New Berlin, WI is $325,350, compared to $475,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in New Berlin?

The median single-family home price in New Berlin, WI is $475,500 (about $258 per square foot).

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