Berlin, NY—12022
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Berlin, NY
As of Oct '25, the median home price in Berlin, NY is $240,000, with a year-over-year change of 1.2%. This indicates that home prices in Berlin, NY are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $240,000 | 1.2% |
| Single Family | $240,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $245,000 | 2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Berlin, NY
Berlin, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Berlin, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Berlin, NY is 9. This is a decrease of -89.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $202,000 | 36.0% |
Listing Count | 4 | 150.0% |
| Listings as % of Homes | 0.7% | 150.0% |
Days on Market | 9 | -89.0% |
Demographics — Berlin, NY
As of the latest ACS Survey released in 2023, Berlin, NY has a population of 1,070, which has increased by 80.9% over the past 5 years. Berlin, NY is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,070 | 80.9% |
% Under 18 | 21.5% | 152.9% |
% Seniors | 21.0% | -23.4% |
% WFH | 17.7% | 883.3% |
% w/ College Degree | 24.6% | -9.6% |
As of the latest ACS Survey released in 2023, Berlin, NY is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Berlin, NY is hispanic, making up 3.2% of the population. Foreign-born residents account for 2.8% of the population in Berlin, NY, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.6% | -5.1% |
% Black | 0.9% | ∞% |
% Hispanic | 3.2% | ∞% |
% Asian | 0.3% | ∞% |
% Foreign Born | 2.8% | ∞% |
Mortgage and Risk — Berlin, NY
According to HUD data as of 2023, there were 35 mortgage originations in Berlin, NY, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Berlin, NY. Investor activity is low, as 9.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 9.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Berlin, NY
Berlin, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,270 |
| 2 Bedroom | N/A | N/A | $1,530 |
| 3 Bedroom | N/A | N/A | $1,840 |
| 4 Bedroom | N/A | N/A | $2,030 |
Affordability — Berlin, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $240,000 |
| Median Household Income | $77,400 |