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NEW BERLIN, WI 53151

Real Estate Market Report  ·  Waukesha County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NEW BERLIN, WI real estate market (53151) currently shows 39 active listings, with 7 pending sales. Homes are averaging 25 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 25 days on market compared to 20 days last year.

The median listing price has risen 7% year-over-year, from $429,950 to $459,975.

Whether you are buying or selling in NEW BERLIN, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 32,507  ·  Density: 716.2/mi²  ·  Median household income: $96,250

Typical home value: $325,174  ·  Homeownership: 73.0%

Market Overview

Active Listings
39
⇧ 34.5% vs 29 last year
Pending
7
18% pending ratio
Median Price
$459,975
⇧ 7% vs $429,950 last year
Average Price
$491,108
⇩ 6% vs $522,413 last year
Days on Market
25
⇧ 25% vs 20 days last year

Price Per Square Foot

Median $/sqft
$220
⇩ 4.3% vs $230/sqft last year
Median Home Size
2,098 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 29 last year
  • Days on market: 25 now vs 20 last year

Median & Average Pricing

Year over Year
  • Median: $459,975 (+7% YoY)
  • Average: $491,108 (-6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.3 miles — 425 listings ($162,546,832 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53151New Berlin, WI 531510.0 mi29$12,861,819$414,900$443,511
53146New Berlin, WI 531463.1 mi5$1,853,815$361,000$370,763
53130Hales Corners, WI 531303.4 mi8$3,634,552$459,450$454,319
53214Milwaukee, WI 532145.2 mi39$9,937,239$266,200$254,801
53219Milwaukee, WI 532195.6 mi54$13,943,502$259,825$258,213
53226Milwaukee, WI 532265.9 mi19$8,710,550$432,225$458,450
53186Waukesha, WI 531866.3 mi30$10,789,290$321,200$359,643
53045Brookfield, WI 530456.5 mi58$41,238,638$622,400$711,011
53132Franklin, WI 531327.6 mi60$30,496,440$476,200$508,274
53221Milwaukee, WI 532217.9 mi37$10,667,063$297,225$288,299
53208Milwaukee, WI 532088.3 mi32$7,848,288$249,000$245,259
53210Milwaukee, WI 532109.1 mi52$9,878,336$181,500$189,968
53007Butler, WI 530079.3 mi2$687,300$343,650$343,650

Frequently Asked Questions

How many homes are for sale in NEW BERLIN, WI 53151?

As of March 2026, there are 39 active listings in NEW BERLIN, WI (zip code 53151), compared to 29 the prior year.

What is the median home price in NEW BERLIN, WI 53151?

The median listing price in NEW BERLIN, WI 53151 is $459,975 as of March 2026, a 7% increase from $429,950 the prior year.

How long do homes stay on the market in NEW BERLIN, WI?

Homes in NEW BERLIN, WI 53151 spend an average of 25 days on the market before going under contract, compared to 20 days the prior year.

Is it a seller's or buyer's market in NEW BERLIN, WI 53151?

Based on current inventory and days-on-market data as of March 2026, NEW BERLIN, WI 53151 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 25 days on market compared to 20 days last year.

How much can I save on real estate commission in NEW BERLIN, WI?

With SELL123.com's maximum 3% commission, sellers in NEW BERLIN, WI 53151 save an estimated $9,200 compared to a typical 5% commission on the median listing price of $459,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.