How did home prices perform in New Berlin during the fourth quarter of 2021?

How did home prices perform in New Berlin during the fourth quarter of 2021?
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The median sale price of a home sold in the fourth quarter of 2021 in New Berlin fell by $4,900 while total sales decreased by 22.2%, according to BlockShopper.com.

From October through December of 2021, there were seven homes sold, with a median sale price of $135,000 – a 3.5% decrease over the $139,900 median sale price for the same period of the previous year. There were nine homes sold in New Berlin in the fourth quarter of 2020.

The median sales tax in New Berlin for the most recent year with available data, 2019, was $2,945, approximately 2.2% of the median home sale price for the fourth quarter of 2021.

The following table compares New Berlin to other Sangamon County cities with similar median sale prices in the fourth quarter of 2021:

City Oct. – Dec. 2021 Home Sales Oct. – Dec. 2020 Home Sales % change (Total Home Sales) Oct. – Dec. 2021 Median Sales Price Oct. – Dec. 2020 Median Sales Price % change (Median Sales Price)
Chatham 41 45 -8.9% $188,600 $153,000 23.3%
Rochester 11 20 -45% $175,000 $163,000 7.4%
Williamsville 4 4 0% $162,000 $249,500 -35.1%
Loami 3 2 50% $157,000 $239,500 -34.4%
Auburn 15 17 -11.8% $139,900 $115,000 21.7%
New Berlin 7 9 -22.2% $135,000 $139,900 -3.5%
Illiopolis 6 3 100% $128,500 $66,000 94.7%
Pleasant Plains 9 10 -10% $127,500 $177,450 -28.1%
Buffalo 2 1 100% $112,500 $123,000 -8.5%
Pawnee 11 7 57.1% $109,900 $160,000 -31.3%
Riverton 9 10 -10% $105,050 $117,500 -10.6%


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