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New Berlin, IL Real Estate


According to census data in the year 2000 there were 460 housing units in New Berlin. This represents a 31.1% growth from 351 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 460 were located in what is classified as a rural area.

Homeownership rate in New Berlin is about 80.9%. New Berlin's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.39 people.

The majority of houses, apartments or condos in New Berlin were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom11.10%
Two Bedrooms21.50%
Three Bedrooms52.40%
Four Bedrooms11.30%
Five Bedrooms or more3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1972
Median Value of occupied units$84,100
Median Price asked for vacant units$117,500

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1960
Median Monthly Rent asked for vacant units$454

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.50%
Home Equity Loan7.10%
Simple Mortgage57.50%
Debt Free28.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%