The story of this market
The typical home in ZIP 53151 sells for about $465,428, or $229 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 29 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,443 a month.
ZIP 53151 — New Berlin
New Berlin's 53151 ZIP code is currently one of the most competitive housing markets in the nation, characterized by high buyer interest and rapid sales. While median prices have seen slight year-over-year fluctuations, the area remains a top-tier destination for families and commuters. Strong demand continues to drive market activity despite limited inventory.
This ZIP is ideal for family buyers and commuters seeking a competitive, high-demand suburban environment with strong access to the greater Milwaukee area.
Median prices moved down 2.1% year over year.
Homes spend a median of 29 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.3% · poverty 3.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 53151, Waukesha County WI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the School District of New Berlin, which is generally well-regarded within the region.
New Berlin is experiencing high housing demand, recently ranking as one of the hottest ZIP codes in the nation due to its competitive market and proximity to the Milwaukee metro area.
Property taxes are assessed at the municipal and county levels in Waukesha County; specific effective rates vary by parcel and school district levies.
The ZIP offers convenient access to major regional highways, facilitating commutes to the Milwaukee employment core.
The area features numerous parks, green spaces, and local shopping centers, providing a suburban amenity base within a short drive.
The rental market shows steady demand with a renter share of approximately 27%, though investors are cautioned regarding regional price growth trends.
The local economy is supported by a mix of suburban retail, professional services, and proximity to the broader Milwaukee industrial and corporate base.
The area is primarily auto-dependent with access to regional highway corridors connecting to Milwaukee.
Development activity is focused on maintaining the high demand for residential housing in the competitive 53151 market.
Waukesha County utilizes a centralized assessment process for property valuation.
Parcels are subject to municipal, county, and school district levies, including the School District of New Berlin.
Data sourced from US Census Bureau ZCTA profiles and local market reports.
- Jellystone Park™ Caledonia4.313.5 mi
- Slick City Action Park4.45.6 mi
- Urban Air Trampoline and Adventure Park4.45.6 mi
- Dave & Buster's Wauwatosa3.96.3 mi
- Round1 Bowling & Arcade - Greendale3.85.1 mi
- American Family Field4.77.5 mi
- Fiserv Forum4.710.4 mi
- Milwaukee Public Market4.710.5 mi
- Wisconsin State Fair Park4.55.4 mi
- Baird Center4.510.3 mi
- Milwaukee County Zoo4.65 mi
- Harley-Davidson Museum®4.710.1 mi
- Milwaukee Art Museum4.811.2 mi
- Mitchell Park Domes Horticulture Conservatory4.78.6 mi
- Lakefront Brewery4.611.3 mi
- Harley-Davidson Museum®4.710.1 mi
- Milwaukee Art Museum4.811.2 mi
- Milwaukee Public Museum4.810.1 mi
- Discovery World4.611.2 mi
- Miller High Life Theatre®4.510.3 mi
- Mitchell Park Domes Horticulture Conservatory4.78.6 mi
- Boerner Botanical Gardens4.74.3 mi
- Friends of Firefly Grove Park4.96 mi
- Bradford Beach4.612.8 mi
- Cathedral Square Park4.610.9 mi
- South Shore Yacht Club4.611.1 mi
- McKinley Marina Central Docks4.611.9 mi
- Milwaukee Yacht Club4.512.1 mi
- South Milwaukee Yacht Club4.513.8 mi
- CenterPointe Marine Milwaukee4.410.4 mi
- Western Lakes Golf Club & Event Venue4.312.5 mi
- Wanaki Golf Course4.410 mi
- Morningstar Golfers Club4.310 mi
- Muskego Lakes Country Club4.37.4 mi
- Oakwood Park Golf Course4.410.2 mi
- Mayfair4.26.8 mi
- Milwaukee Public Market4.710.5 mi
- Southridge Mall4.15.2 mi
- 3rd St. Market Hall4.510.4 mi
- 7 Mile Fair4.212.3 mi
- Milwaukee Mitchell International Airport4.510.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive system of local parks and trails serving the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.