Berlin, WI—54923
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Berlin, WI
Berlin, WI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $236,000 | 8.0% |
| Single Family | $236,000 | 8.8% |
| 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 | $233,000 | 6.9% |
4 Bed | $251,000 | 5.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Berlin, WI
As of July '25, Rentcast reports the average rent in Berlin, WI is $792, with a year-over-year rent change of 5.5%. Per bedroom, the median rent as of July '25 in Berlin, WI is studios: $599, 1-bedrooms: $789, 2-bedrooms: $817, 3-bedrooms: $969. The most common rental property sizes in Berlin, WI are 2-bedroom and 1-bedroom, accounting for 42.9% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $799 | $792 |
| Studio Rent | $499 | $599 |
| 1 Bed Rent | $799 | $789 |
| 2 Bed Rent | $799 | $817 |
| 3 Bed Rent | $969 | $969 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Berlin, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Berlin, WI is 38. This is a decrease of -3.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $249,000 | 8.0% |
Listing Count | 38 | 29.0% |
| Listings as % of Homes | 0.2% | 29.0% |
Days on Market | 38 | -3.0% |
Demographics — Berlin, WI
As of the latest ACS Survey released in 2023, Berlin, WI has a population of 8,850, which has remained stable by 0.4% over the past 5 years. Berlin, WI is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,850 | 0.4% |
% Under 18 | 21.4% | -9.3% |
% Seniors | 18.1% | -3.2% |
% WFH | 7.1% | 129.0% |
% w/ College Degree | 19.5% | 5.4% |
As of the latest ACS Survey released in 2023, Berlin, WI is a predominantly white area, with 85.8% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Berlin, WI is hispanic, making up 9.7% of the population. Foreign-born residents account for 1.9% of the population in Berlin, WI, and this percentage has decreased by 57.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.8% | -6.8% |
% Black | 0.8% | 100.0% |
% Hispanic | 9.7% | 54.0% |
% Asian | 1.1% | ∞% |
% Foreign Born | 1.9% | -57.8% |
Mortgage and Risk — Berlin, WI
According to HUD data as of 2023, there were 113 mortgage originations in Berlin, WI, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Berlin, WI. Investor activity is low, as 5.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 113 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Berlin, WI
Berlin, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 117 |
Total Units Section 8 | 111 |
% Rentals under Section 8 | 10.1% |
% Occupied Section 8 | 91.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$29 | $799 | $770 |
| 2 Bedroom | $211 | $799 | $1,010 |
| 3 Bedroom | $281 | $969 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Berlin, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $236,000 |
| Median Household Income | $63,800 |