Housing in 53151 New Berlin, WI appears to be quite prosperous. The median value of a home in the area is $360,800, which is substantially higher than the US median value of $338,100. Furthermore, the housing appreciation rate here over the past year was 11.16%, while nationally it was only 8.27%. This indicates that homes in this area are retaining their value and increasing at rates much higher than the national average, making it a great place to invest in real estate.
The median home cost in New Berlin (zip 53151) is $360,800. Home appreciation the last 10 years has been 74.5%. Home Appreciation in New Berlin (zip 53151) is up 14.2%.
Average Age of Homes
- The median age of New Berlin (zip 53151) real estate is 38 years old
The Rental Market in New Berlin (zip 53151)
- Renters make up 26.2% of the New Berlin (zip 53151) population
- 0.7% of houses and apartments in New Berlin (zip 53151), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.