Is New Berlin, WI 53146 a buyer’s or seller’s market?

The New Berlin housing market right now

In the three months ending August 31, 2026, 54% of homes in New Berlin, WI 53146 sold above their list price, the typical home went under contract in 37 days and there were 0.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 64%, homes sold about as fast and the median sale price held steady to $472,296. Overall, New Berlin is less competitive than a year ago, which gives buyers more room.

Within Waukesha County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 58%. On our competition score, New Berlin ranks #25 of 319 WI ZIP codes with enough sales (score 86 out of 100).

Nearby, buyers who want less competition could look at Okauchee 53069 (0% sold over asking) or Wales 53183 (14% sold over asking), while Waukesha 53186 (71% sold over asking) and Butler 53007 (70% sold over asking) are even more competitive.