New Berlin, WI Real Estate

New Berlin, Wisconsin Real Estate

New Berlin (population – 39,865) sits on the outskirts of beautiful Waukesha County and is advantageously situated between Madison and Milwaukee. The city has an expansive industrial park, comprised of more than 599 businesses and 13,000 employees. In addition, New Berlin is a city with a strong commitment to community forestry; it was honored as a Tree City USA by the Arbor Day Foundation – a recognition it received for a tenth year in 2011.

In 2009, Money Magazine ranked New Berlin #34 in its Top 100 List of Best Small American Towns in which to live.

New Berlin has received two prestigious technology awards: 2011 Digital City Survey winner and the 2012 CIO 100 Award Honoree recognizing New Berlin’s constant striving to be at the forefront of cutting edge technology for cities.

Amenities
New Berlin offers a wide range of sports and activities such as soccer, biking, playgrounds, cross-country skiing, walking, disc golf and traditional golf. It currently boasts 26 parks expanding approximately 855 acres. The city’s well-forested areas not only provide a great rural-feel, but also help maintain the area’s high property values.

New Berlin hosts many events throughout the year, including the Big Tree Contest, Concerts in the Park, Movies in the Park and the City Wide Halloween Party.

The New Berlin Public Library offers an excellent selection of books and various media. It hosts book discussion groups, chess clubs and a veteran/history research center.

History
The first settlers, Sidney Evans and P.G. Harrington, arrived in what is now the City of New Berlin in 1836. The area was initially part of the Town of Muskego, and in 1839 was separated to become the Town of Mentor.

On January 13, 1840, the Town of Mentor became the Town of New Berlin. The town remained primarily agricultural until the 1940s when people from the city migrated west towards suburban areas. The Town of New Berlin became the City of New Berlin in 1954.

To find properties for sale in New Berlin, click here.

Show more

Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Eisenhower Middle/high  (New Berlin) New Berlin School District Public 1029 16 Eisenhower Middle/High GreatSchools Rating
Elmwood Elementary  (New Berlin) New Berlin School District Public 570 17 Elmwood Elementary GreatSchools Rating
Hoover Elementary  (New Berlin) West Allis-west Milwaukee School District Public 357 14 Hoover Elementary GreatSchools Rating
New Berlin West Middle/high  (New Berlin) New Berlin School District Public 1047 15 New Berlin West Middle/High GreatSchools Rating
Orchard Lane Elementary  (New Berlin) New Berlin School District Public 464 15 Orchard Lane Elementary GreatSchools Rating
Poplar Creek Elementary  (New Berlin) New Berlin School District Public 476 16 Poplar Creek Elementary GreatSchools Rating
Ronald Reagan Elementary  (New Berlin) New Berlin School District Public 670 17 Ronald Reagan Elementary GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 40,193 406,801 5,852,878
Total Households 16,510 158,933 2,349,819
Total Families 11,474 113,516 1,516,725
Percent Male 49% 49% 50%
Percent Female 51% 51% 50%
White Collar Jobs 50% 58% 58%
Blue Collar Jobs 51% 42% 42%

Top Occupations

Professions Population Employed
Professional Services 5,352
Manufacturing 4,173
Sales 2,845
Healthcare 2,693
Maintenance 2,031
Construction 1,618
Management 1,538
Transportation 1,525
Information, Scientific and Technical 1,353
Food 1,127

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 758 7,569 224,571
High School Graduate 7,094 67,894 1,256,597
Some College 5,909 58,126 833,955
Associates Degree 2,963 27,255 410,260
Bachelors Degree 7,915 78,050 747,113
Graduate Degree 4,003 40,757 384,121

Education Attainment


Market Conditions
Market Conditions for New Berlin - December 2024 | Shorewest Realtors®
December 2024

Market Conditions for New Berlin

Median Sale Price Graph

Median Sale Price

The median sale price for homes in December was $425,000. The median sales price for homes in December rose by $44,000 compared to last month. This represents a 11.54% increase from November. Compared to the same month last year, the median price of homes rose by $71,000 representing a 20.05% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 13 in December to 19. This represents 40.62% decrease from November when 32 homes were on the market. Compared to the same month last year when there were 30 homes for sale, the inventory of homes for sale has fallen by 11 representing a -36.66% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 17 homes sold in December was 29 less than in November. This represents a 63.04% decrease in sales from November. Compared to the same month last year, the number of homes sold decreased by 10, a -37.03% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in December (22) increased by 10 days compared to November. This represents a 83.33% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 8, a 57.14% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 97.58% in December fell by 0.18% compared to November and decreased 0.19% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in December (10) fell by 10 compared to November, a 50% change. Compared to December 2023, the number of new listings decreased by 3, a -23.07% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in December was $445,400. The median list price for homes in December rose by $45,500 compared to last month. This represents a 11.37% increase from November. Compared to the same month last year, the median list price of homes increased $55,500 representing a 14.23% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

  • Heritage Title Services, Inc.
  • The Realty Alliance
  • Wisconsin Mortgage Corporation
  • Leading Real Estate Companies of the World
  • Luxury Portfolio International
  • Shorewest Financial Associates LLC
  • HSA Home Warranty - Because Service Matters