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New Berlin, WI
Full City Profile · Wisconsin · Walworth County County
3.8
/5.0
B+
Good
40,384
Population
1,109/sq mi density
$97,414
Median Income
$55,915 per capita
$343,500
Home Value
$432,885 Zillow
$1,409
Median Rent
26.4% income on rent
47°F
Avg Temperature
260 sunny days/yr
50
Violent Crime/100K
1,137 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$97,414 median income, 1.7% unemployment
A+
Affordability
4.7 / 5.0
$343,500 home value, $1,409/mo rent
F
Safety
1.0 / 5.0
50 violent crimes/100K
A+
Education
4.7 / 5.0
46.6% bachelor's degree or higher
Housing Overview
Median Home Value
$343,500
22% above
US avg: $281,900
Median Rent
$1,409/mo
21% above
US avg: $1,163/mo
Homeownership Rate
76.0%
16% above US avg (65.4%)
Total Housing Units
17,610
Median year built: 1979
Home Value by Source
Census Median
$343,500
Zillow (ZHVI)
$432,885
Median Sale Price
$345,000
Median List Price
$389,850
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.0%
Owner-Occupied
24.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent:
$1,409/mo
Market Indicators (Redfin)
Median Days on Market
32 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
26
Price Drops
2.4%
of listings with price reduction
Price Per Sq Ft
$231
Active Inventory
42
homes for sale
Affordability & Housing Stock
Rent Burden
26.4%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
76.0%
Complete Housing Data
Home Values
| Census Median Value | $343,500 |
| Zillow Home Value (ZHVI) | $432,885 |
| Median Sale Price | $345,000 |
| Median List Price | $389,850 |
| Price Per Sq Ft | $231 |
Rent
| Census Median Rent | $1,409 |
| FMR Studio | $797 |
| FMR 1-Bedroom | $872 |
| FMR 2-Bedroom | $1,097 |
| FMR 3-Bedroom | $1,405 |
| FMR 4-Bedroom | $1,572 |
Market
| Days on Market | 32 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 2.4% |
| Homes Sold | 26 |
| Active Inventory | 42 |
| Price Per Sq Ft | $231 |
Ownership & Stock
| Owner-Occupied | 76.0% |
| Renter-Occupied | 24.0% |
| Homeownership Rate | 76.0% |
| Total Housing Units | 17,610 |
| Median Year Built | 1979 |
| Rent Burden | 26.4% |