Berlin, WI Home Values & Market Trends
Real estate market trends reflect that there have been 144 transactions over the past year in Berlin. The median value for residential home transactions that occurred over the previous year is $198,918.9. The number of current listings in Berlin is 9, and the percentage of properties for sale in the city is 9.00%. Berlin, WI currently has 4 properties in foreclosure, 2 bank owned properties, 2 properties headed for auction, and 9 properties for sale.
Berlin, WI Real Estate Market Overview
Zip | Median Est. Value |
---|---|
54923 | $ 215,000 $ 120/sqft |
Housing Market Summary for Berlin, WI
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $314.9K | $185.4K | -41.14% |
Median Sold Price | $166.7K | $185.4K | 11.18% |
Homes For Sale | 7 | 11 | 57.14% |
Homes Sold | 73 | 81 | 10.96% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Berlin, WI
Browse Homes in Berlin, WI
Berlin home values range from $20,784 to $1,953,291. The median estimated value of a home in Berlin is $198,918.9. The median list price of a home is 224,000, and the total count of properties in the city is 2,985.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Berlin, WI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Berlin, WI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Berlin, WI ranges from the highest value of $167,088 in 54923 to the lowest value of $112,624 in 54923. Bank owned homes and properties account for 0.07% of properties in Berlin, WI. There is 1 zips within Berlin, WI; 54923 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions54923 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Berlin, WI. Auction homes and other auction properties account for 0.07% of all properties in Berlin, WI. There is 1 zips within Berlin, WI; of that zips, the median estimated home value for homes going to auction ranges from $230,000 in 54923 to the lowest value of $216,965 in 54923.
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More Real Estate Resources for Berlin, WI
Guide for Berlin, WI
Madison’s real estate market continues to robustness, with varied trends across different market segments.
Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.
Wisconsin Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.