$2,137 Closing Credit*
$179,980
1,275 SqFt
3 Beds
•2 Full Baths
#50298965, Thomas Malchetske, Listing Office: First Weber, Inc.
Is Berlin, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Berlin has remained a Seller's Market.
Key Takeaway
Berlin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berlin, WI
How much do homes in Berlin, WI cost?
Median Sold Price
$210,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$30,000(+16.7%)
Key Takeaway
Homes in Berlin have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Berlin was $210,000 in September 2024, up 16.7% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121K | $139K | +14.9% |
| 2 Bedrooms | $129.9K | $158K | +21.6% |
| 3 Bedrooms | $194.5K | $215K | +10.5% |
| 4 Bedrooms | $170K | $192K | +12.9% |
| 5+ Bedrooms | $321K | $440K | +37.1% |
Summary: Berlin housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 37.1%.
Median Sold Price Compared To Nearby Cities
| Berlin | $177.5K | $209K | +17.7% |
| Berlin | $180K | $210K | +16.7% |
Housing Supply in Berlin, WI
How many homes are available in Berlin, WI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The Berlin real estate market had 29 homes for sale in September 2024, a 20.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 13 | 18 | +38.5% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Berlin housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 38.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berlin, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Berlin in September 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Berlin, WI
We’re sorry, we don't have information for this market at the moment
