Berlin Real Estate Market

Berlin Market

The median mortgage debt is $85,389.

Additional Statistics for Single Family Homes and Condos in Berlin, IL
Berlin, IL Price Trends - Sold vs. Listed

The median sale price in November for single family homes is $30,000.

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Berlin, IL Market Inventory Trends

Review the inventory and health of the market by looking at the number of sold and listed properties.

To understand if the market inventory is growing or shrinking, compare the number of sold properties to new listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market.

Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market.

  • Sold: Properties sold that month
  • New: Listings that are new on the market
  • Distressed: Listings that are short sales, bank owned, or up for auction.
  • Standard: Non-distressed listings
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    Berlin, IL Property Ownership

    The percent of unoccupied properties is very low in Berlin. It is -9.73% below the national average.

    The percent of owner occupied properties in Berlin is 11.04% above the national average.

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    Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.

    Illinois Real Estate
    Berlin, IL Real Estate
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