New Berlin home prices fall in the third quarter of 2020

Medium realestate1

The median sale price of a home sold in the third quarter of 2020 in New Berlin fell by $22,250 while total sales decreased by 25%, according to

From July through September of 2020, there were six homes sold, with a median sale price of $136,250 - a 14% decrease over the $158,500 median sale price for the same period of the previous year. There were eight homes sold in New Berlin in the third quarter of 2019.

The median sales tax in New Berlin for the most recent year with available data, 2018, was $2,854, approximately 2.1% of the median home sale price for the third quarter of 2020.

The following table compares New Berlin to other Sangamon County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Pleasant Plains319-84.2%$182,000$149,00022.1%
New Berlin68-25%$136,250$158,500-14%

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