New Berlin, WI Real Estate
According to census data in the year 2000 there were 14,939 housing units in New Berlin.
This represents a 23.4% growth from 12,102 in 1990.
Of those housing units, 13,799 were located in either urbanized areas or urban clusters, and 1,140 were located in what is classified as a rural area.
Homeownership rate in New Berlin is about 81.3%.
New Berlin's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in New Berlin were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 6.70% |
| Two Bedrooms | 20.50% |
| Three Bedrooms | 50.60% |
| Four Bedrooms | 19.50% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $162,100 |
| Median Price asked for vacant units | $184,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1986 |
| Median Monthly Rent asked for vacant units | $880 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 8.90% |
| Home Equity Loan | 16.10% |
| Simple Mortgage | 44.50% |
| Debt Free | 29.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
