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New Berlin June 2025 02 (New Berlin Public Library)Photo: Michael Barera · CC BY-SA 4.0
Housing in New Berlin

425 homes sold in New Berlin in the last year, at a typical $422K

About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New Berlin homes are listed.

Homes sold
425
June 2025 to May 2026
Typical sale price
$422K
houses $447K · condos $314K
Price per square foot
$230
Wisconsin $194
Paid vs. asking
101.9%
58% sold over asking
For sale now
61
May 2026 · 39 sold that month
What sold · last 12 months

A quarter of New Berlin’s sales are condos, at $133K less than a house

325 houses and 92 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$447K

typical sale · 325 sold in 12 months

Per square foot
$238WI $196
Days to sell
38
Sold over asking
63%
Listings with a price cut
13%
Condos$314K

typical sale · 92 sold in 12 months

Per square foot
$214WI $209
Days to sell
43
Sold over asking
43%
Listings with a price cut
19%
Fewer sales

Multi-family (2–4 units): 7 sold, typical $520K
Townhouses: 1 sold, typical $452K

Too few sales in 12 months for reliable figures.

11 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

425 sales in the last year, against 579 in 2021 and a low of 388 in 2024. The typical sale went from $243K in 2016 to $422K.

Homes soldTypical sale price
0150300450600$275K$350K$425K$500K2015: 519 sold, typical $232K’152016: 541 sold, typical $243K2017: 537 sold, typical $256K’172018: 506 sold, typical $262K2019: 550 sold, typical $283K’192020: 540 sold, typical $303K2021: 579 sold, typical $332K’212022: 441 sold, typical $366K2023: 391 sold, typical $399K’232024: 388 sold, typical $412K2025: 401 sold, typical $424K’25Last 12 months: 425 sold, typical $422KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in New Berlin

Houseat $238 a sq ft
Condoat $214 a sq ft
The same money in Wisconsinat $196 a sq ft

Is this asking price fair?

Check a listing against what New Berlin homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in New Berlin are more common than before the pandemic, but half fewer homes come up for sale

We read every month of New Berlin’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 425 sales.

If you’re buying in New Berlin

  • Shop in April. It brings about 52 new listings a month, close to the busiest month, with fewer bidding wars (51% over asking).
  • Less room to haggle. Only 13% of listings cut their price, against 18% before the pandemic.
  • Bid near asking. Buyers paid 101.9% of the list price on average; 58% paid over.
  • Move fast on good ones. Two thirds of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 62 a month), and the most competition: 57% close over asking. April offers nearly as much choice with fewer homes bid up (51%). January has the least competition (28%) but only about 26 new listings.

New listings a monthShare sold over asking
016.332.548.86520%40%60%Sweet spotJan: 26 new listings a month, 28% sold over asking, 69 days to sellJFeb: 33 new listings a month, 36% sold over asking, 57 days to sellFMar: 48 new listings a month, 45% sold over asking, 51 days to sellMApr: 52 new listings a month, 51% sold over asking, 49 days to sellAMay: 59 new listings a month, 57% sold over asking, 43 days to sellMJun: 62 new listings a month, 57% sold over asking, 45 days to sellJJul: 53 new listings a month, 56% sold over asking, 45 days to sellJAug: 54 new listings a month, 52% sold over asking, 47 days to sellASep: 47 new listings a month, 44% sold over asking, 48 days to sellSOct: 42 new listings a month, 46% sold over asking, 48 days to sellONov: 24 new listings a month, 42% sold over asking, 49 days to sellNDec: 15 new listings a month, 34% sold over asking, 53 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Wisconsin

New Berlin now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price58%40%65%38%
Gone within two weeksShare of homes under contract within 14 days67%56%69%46%
Listings with a price cutShare of homes for sale that cut their price13%18%12%18%
Price paid vs. askingAverage sale price ÷ list price101.9%99.6%103.1%99.6%
Days to sellMedian days from listing to contract39534551
Supply

53 homes for sale on a typical day

That’s 1.2 times the 2024 low (45), 50% fewer than in 2017–19 and well under 2015’s 135.

2015: 135 for sale’152016: 122 for sale2017: 109 for sale2018: 107 for sale’182019: 101 for sale2020: 84 for sale2021: 76 for sale’212022: 58 for sale2023: 48 for sale2024: 45 for sale’242025: 51 for saleLast 12 months: 53 for saleNow
Room to negotiate

1 in 8 listings has cut its price

13% in the last year, against 18% in 2017–19 and 18% across Wisconsin.

2015: 22%’152016: 18%2017: 19%2018: 18%’182019: 17%2020: 14%2021: 12%’212022: 15%2023: 14%2024: 16%’242025: 15%Last 12 months: 13%Now
Prices by type

Since 2019, houses are up 49%, condos 46%

A house typically sold for $447K in the last year (325 sales), a condo for $314K (92).

$200K$300K$400K$500K201420162018202020222024NowHouses 2014: $235K, 53 salesHouses 2015: $243K, 416 salesHouses 2016: $262K, 428 salesHouses 2017: $268K, 425 salesHouses 2018: $279K, 403 salesHouses 2019: $300K, 427 salesHouses 2020: $315K, 422 salesHouses 2021: $349K, 463 salesHouses 2022: $386K, 359 salesHouses 2023: $426K, 304 salesHouses 2024: $434K, 313 salesHouses 2025: $450K, 307 salesHouses last 12 months: $447K, 325 salesHouses $447KCondos 2014: $178K, 12 salesCondos 2015: $172K, 103 salesCondos 2016: $163K, 111 salesCondos 2017: $182K, 111 salesCondos 2018: $191K, 100 salesCondos 2019: $215K, 120 salesCondos 2020: $224K, 116 salesCondos 2021: $248K, 114 salesCondos 2022: $258K, 78 salesCondos 2023: $273K, 82 salesCondos 2024: $283K, 74 salesCondos 2025: $319K, 89 salesCondos last 12 months: $314K, 92 salesCondos $314K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Wisconsin

New Berlin ranks 8th of 158 busy Wisconsin markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. New Berlin is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical New Berlin home costs about $2,631 a month

Mortgage
Property tax
Insurance
Rent

Price: New Berlin’s typical sale, last 12 months. Property tax at New Berlin’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New Berlin is affordable on local pay is on Cost of living.

Before you buy in New Berlin

Six things worth knowing

62

New listings in June

The month with the most choice. December has the fewest, about 15.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $422K home, about $5,150 a year.

Taxes vs. neighbors
A

Schools

The schools grade for New Berlin, from test results, graduation and how much students grow.

Schools in New Berlin
22 min

Typical commute

The average one-way trip to work for people who live in New Berlin.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Hales Corners, West Allis, Greenfield and Waukesha sell for less a square foot

The busier markets within 25 miles of New Berlin, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Waukesha893$377K$21456%41
West Allis726$279K$19859%36
Brookfield534$523K$23452%42
New Berlin425$422K$23058%39
Greenfield374$324K$20254%40
Elm Grove91$590K$25040%40
Hales Corners61$412K$21956%39

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to New Berlin, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Berlin. People who follow the town see it, and so do people comparing New Berlin with their own town. No commission, no listing fee.

Questions about buying a home in New Berlin

What do homes sell for in New Berlin, WI?

425 homes sold in the year to May 2026 at a typical $422K, $230 a square foot. Houses sold for about $447K, condos for about $314K.

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

A seller’s market: 61 homes were for sale in May 2026 and 39 sold, about 1.6 months of supply. Buyers paid 101.9% of asking on average, and 13% of listings cut their price.

When is the best time to buy in New Berlin?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in New Berlin?

About 1.2% of a home’s value a year. On a $422K home that’s near $5,150.

Where can I see homes for sale in New Berlin?

Zillow, Redfin, Realtor.com and Homes.com all carry New Berlin’s MLS listings; the search links above open each one filtered to New Berlin.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).