$2,613 Closing Credit*
$220,000
2,100 SqFt
4 Beds
•1 Full Bath, 1 Partial
#50301003, Danielle Cottrell, Listing Office: Beiser Realty, LLC
Is Berlin, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Berlin was a Seller's Market.
Key Takeaway
Berlin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Berlin, WI
How much do homes in Berlin, WI cost?
Median Sold Price
$210,500
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,500(+10.8%)
Key Takeaway
Homes in Berlin have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Berlin was $210,500 in October 2024, up 10.8% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121K | $139K | +14.9% |
| 2 Bedrooms | $131.4K | $160K | +21.7% |
| 3 Bedrooms | $206K | $211.9K | +2.9% |
| 4 Bedrooms | $175K | $206K | +17.7% |
| 5+ Bedrooms | $321K | $440K | +37.1% |
Summary: Berlin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 37.1%.
Housing Supply in Berlin, WI
How many homes are available in Berlin, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 38 | +22.6% |
Summary: The Berlin real estate market had 38 homes for sale in October 2024, a 22.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 20 | 25 | +25.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Berlin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berlin, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Berlin in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Berlin, WI
We’re sorry, we don't have information for this market at the moment
