Berlin, CT Home Values & Market Trends

Real estate market trends reflect that there have been 261 transactions over the past year in Berlin. The median value for residential home transactions that occurred over the previous year is $379,392.93. The number of current listings in Berlin is 13, and the percentage of properties for sale in the city is 13.00%. Berlin, CT currently has 4 properties in foreclosure, 2 bank owned properties, 0 properties headed for auction, and 13 properties for sale.

Berlin, CT Real Estate Market Overview

ZipMedian Est. Value
06037

$ 390,325

$ 202/sqft

Housing Market Summary for Berlin, CT

Feb 2023January 2024Change
Median Listing Price$327.4K$356.4K8.85%
Median Sold Price$309K$356.4K15.33%
Homes For Sale1413-7.14%
Homes Sold8811328.41%
Price
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Homes For Sale
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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%.

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Browse Homes in Berlin, CT

Berlin home values range from $83,641 to $967,470. The median estimated value of a home in Berlin is $379,392.93. The median list price of a home is 349,900, and the total count of properties in the city is 6,998.

Foreclosure
There is 1 zips within Berlin, CT; within this zips, the median estimated home value for homes in foreclosure ranges from $763,250 in 06037 to the lowest value of $228,000 in 06037. Foreclosure homes account for 0.00% of properties in Berlin, CT with 06037 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Berlin, CT with 06037 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Berlin, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $763,250 in 06037 to the lowest home value of $294,500 in 06037.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Berlin, CT ranges from the highest value of $454,800 in 06037 to the lowest value of $228,000 in 06037. Bank owned homes and properties account for 0.03% of properties in Berlin, CT. There is 1 zips within Berlin, CT; 06037 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Berlin, CT. Auction homes and other auction properties account for 0% of all properties in Berlin, CT. There is 1 zips within Berlin, CT; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.19% of residential properties in Berlin, CT with 06037 containing 13 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Berlin, CT; homes for sale in that zips, have a range of median values from $706,250 in 06037 to the lowest value of $266,288 in 06037.
    Sold Homes
    The median value for recently sold homes ranges from $847,689 in 06037 to the lowest price of $95,710 in 06037. There is 1 zips within Berlin, CT. 06037 has 116 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.66% of properties in Berlin, CT.

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      Guide for Berlin, CT

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      The 5 Most Common Mistakes to Avoid When Buying a Foreclosed Home
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      Moderate Fluctuations but Steady Property Sales Mark Tulsa’s Real Estate Scene
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      The Washington DC real estate market from 2023-2024 underwent alternating trends with volatility in average property values and prices per square foot. Yet, an ascending movement in average sold prices and average sold prices per square foot emerged, along with a steady rise in the sales count, indicating a thriving market scenario.

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      Recently Listed Homes Berlin, CT

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