Is Berlin, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Berlin was a Buyer's Market.
Housing Prices in Berlin, WI
How much do homes in Berlin, WI cost?
Median Sold Price
$205,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Berlin was $205,000 in February 2024, up 24.2% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $121K | N/A |
2 Bedrooms | $123.5K | $140K | +13.4% |
3 Bedrooms | $169.9K | $212.9K | +25.3% |
4 Bedrooms | $179.9K | $167K | -7.2% |
5+ Bedrooms | $282.5K | $390K | +38.1% |
Summary: Berlin housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 25.3%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 38.1%.
Median Sold Price Compared To Nearby Cities
Berlin | $162.5K | $205K | +26.2% |
Berlin | $165K | $205K | +24.2% |
Housing Supply in Berlin, WI
How many homes are available in Berlin, WI?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
35 | 40 | +14.3% |
Summary: The Berlin real estate market had 40 homes for sale in February 2024, a 14.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 3 | -50.0% |
3 Bedrooms | 23 | 25 | +8.7% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Berlin housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 13 | +116.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Berlin in February 2024, up by 116.7% month-over-month. Of the 13 sold homes, 77% were sold under asking, 0% were sold at asking, and 23% were sold over asking.
Days on Market for Berlin, WI
We’re sorry, we don't have information for this market at the moment