Zip 62670 (New Berlin, IL) Housing

The housing market in New Berlin, IL (zip code 62670) is very healthy. The median value of a home in the area is $188,200 which is substantially lower than the US median value of $338,100. While the one-year appreciation rate for homes across the US was 8.27%, New Berlin’s rate was slightly lower at 6.36%. This indicates that while house prices are still rising in New Berlin, they are not rising as quickly as those across America.

The median home cost in New Berlin (zip 62670) is $188,200. Home appreciation the last 10 years has been 37.5%. Home Appreciation in New Berlin (zip 62670) is up 11.6%.

Average Age of Homes

- The median age of New Berlin (zip 62670) real estate is 39 years old

The Rental Market in New Berlin (zip 62670)

- Renters make up 24.1% of the New Berlin (zip 62670) population
- 1.7% of houses and apartments in New Berlin (zip 62670), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Berlin, Illinois	United States
	1,214.0	139,647,020.0
	46	42
	$188,200	$338,100
	11.6%	16.6%
	26.6%	57.0%
	37.5%	101.1%
	$19.32	$10.98
	$3,060	$2,690
	68.6%	57.4%
	13.7%	11.2%
	17.7%	31.4%
Vacant Housing
	1.7%	1.9%
	0.6%	0.4%
	0.0%	0.7%
	3.0%	0.4%
	0.0%	3.6%
	8.4%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	1.8%	2.4%
	3.0%	2.8%
	3.6%	3.9%
	7.8%	4.5%
	26.1%	11.3%
	22.6%	13.0%
	19.8%	20.1%
	5.0%	13.6%
	1.0%	8.3%
	3.5%	9.7%
	0.1%	3.9%
	1.8%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.3%	13.6%
	10.3%	13.6%
	15.8%	13.6%
	13.0%	13.2%
	15.6%	14.8%
	15.8%	13.6%
	2.9%	10.0%
	2.7%	4.7%
	25.9%	12.2%

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