Photo: Michael Barera · CC BY-SA 4.0425 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.
Every place New Berlin homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New Berlin.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
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.
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%
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%
Multi-family (2–4 units): 7 sold, typical $520K
Townhouses: 1 sold, typical $452K
Too few sales in 12 months for reliable figures.
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.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in New Berlin
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.
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.
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.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Wisconsin
| New Berlin now | 2017–19 | 2021 peak | WI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 58% | 40% | 65% | 38% |
| Gone within two weeksShare of homes under contract within 14 days | 67% | 56% | 69% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 13% | 18% | 12% | 18% |
| Price paid vs. askingAverage sale price ÷ list price | 101.9% | 99.6% | 103.1% | 99.6% |
| Days to sellMedian days from listing to contract | 39 | 53 | 45 | 51 |
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.
1 in 8 listings has cut its price
13% in the last year, against 18% in 2017–19 and 18% across Wisconsin.
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).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
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.
Owning the typical New Berlin home costs about $2,631 a month
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.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 15.
Best time to buyProperty 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. neighborsSchools
The schools grade for New Berlin, from test results, graduation and how much students grow.
Schools in New BerlinTypical commute
The average one-way trip to work for people who live in New Berlin.
Work & commuteCheck 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 hazardsLook 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.
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.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Waukesha | 893 | $377K | $214 | 56% | 41 |
| West Allis | 726 | $279K | $198 | 59% | 36 |
| Brookfield | 534 | $523K | $234 | 52% | 42 |
| New Berlin | 425 | $422K | $230 | 58% | 39 |
| Greenfield | 374 | $324K | $202 | 54% | 40 |
| Elm Grove | 91 | $590K | $250 | 40% | 40 |
| Hales Corners | 61 | $412K | $219 | 56% | 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.
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).