Home prices
The cost of the median home in New Berlin is $259,800. It is about $33,180 (14%) higher in comparison to nearby areas.In comparison to the entire country it is approximately $42,300 (19%) higher, and in comparison to the city of Chicago it is is very similar.
Rents
New Berlin's median monthly rent is $1,211. In comparison to other places in this area this is roughly $241 (24%) higher.In comparison to the rest of the country it is about $149 (14%) higher, and is roughly $99 (8%) higher compared to the city of Chicago.
Nearby places
Hales Corners
Hales Corners is New Berlin's neighbor to the southeast. Real estate prices there are a bit less expensive. The median home price in Hales Corners is $226,000, which comes out to $33,800 (14%) lower than New Berlin. Its rents are somewhat less expensive. The median monthly rent in Hales Corners is $1,138, which works out to $73 (6%) lower than New Berlin.
West Allis
West Allis is New Berlin's neighbor to the northeast. Housing prices there are a lot less expensive. The median home price in West Allis is $146,100, which comes out to $113,700 (77%) lower than New Berlin. Rents there are substantially less expensive. In West Allis the median monthly rent is $845, which is $366 (43%) lower than New Berlin.
Greenfield
Greenfield is New Berlin's neighbor to the east. The real estate prices there are substantially less expensive. The value of the median home in Greenfield is $177,800, which comes out to $82,000 (46%) lower than New Berlin. Its rents are a bit less expensive. Greenfield's median rent is $971 per month, which is $240 (24%) lower than New Berlin.
Waukesha
Waukesha is New Berlin's neighbor to the northwest. The housing prices there are a bit less expensive. The median home value in Waukesha is $212,700, which is $47,100 (22%) lower than New Berlin. Its rents are a bit less expensive. The median rent in Waukesha is $944 per month, which works out to $267 (28%) lower than New Berlin.
Elm Grove
Elm Grove is about 5 miles north of New Berlin. The housing prices there are a little more expensive. Elm Grove's median home value is $370,500, which is $110,700 (29%) higher than New Berlin. Rent there is a little less expensive. The median rent in Elm Grove is $950 a month, which works out to $261 (27%) lower than New Berlin.
