$2,078 Closing Credit*
$174,980
980 SqFt
3 Beds
•1 Full Bath
#50301886, 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 November 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
$211,950
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,960(+4.9%)
Key Takeaway
Homes in Berlin have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Berlin was $211,950 in November 2024, up 4.9% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121K | $139K | +14.9% |
| 2 Bedrooms | $134K | $157K | +17.2% |
| 3 Bedrooms | $211.5K | $213.9K | +1.2% |
| 4 Bedrooms | $180K | $230K | +27.8% |
| 5+ Bedrooms | $355.5K | $435K | +22.4% |
Summary: Berlin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 22.4%.
Housing Supply in Berlin, WI
How many homes are available in Berlin, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 47 | +20.5% |
Summary: The Berlin real estate market had 47 homes for sale in November 2024, a 20.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 8 | 14 | +75.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Berlin housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berlin, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Berlin in November 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Berlin, WI
We’re sorry, we don't have information for this market at the moment
