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Thursday, April 18, 2024

Q3 real estate sales report: New Berlin

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Median prices rose in New Berlin over last year, and are up 25.2 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 13 homes sold in New Berlin for a median price of $157,500. That's 14.4 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in New Berlin.

Median property tax for homeowners in New Berlin was $2,771.01 in 2017 according to tax data from that year. That means homeowners pay 2 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

New Berlin real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
11
$125,775
-
2010
5
$123,120
-2.1%
2011
8
$150,855
22.5%
2012
15
$121,535
-19.4%
2013
15
$167,400
37.7%
2014
14
$137,800
-17.7%
2015
13
$161,650
17.3%
2016
8
$155,348
-3.9%
2017
19
$137,700
-11.4%
2018
13
$157,500
14.4%

Median property tax
Median sale price
Effective property tax rate
2009
$2,085.47
$125,775
1.7%
2010
$2,557.31
$123,120
2.1%
2011
$3,156.86
$150,855
2.1%
2012
$2,692.36
$121,535
2.2%
2013
$3,153.27
$167,400
1.9%
2014
$2,752.83
$137,800
2%
2015
$3,331.71
$161,650
2.1%
2016
$3,199.89
$155,348
2.1%
2017
$2,771.01
$137,700
2%

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