Explore New Berlin, TX - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
-1.23%
Investor Friendly Score
-1.23%
Median Price
$499,000

Market Insights

With only 2.0 months of inventory, New Berlin remains a seller's market. Home prices have decreased 12.5% in the past month. With 2.0 months of supply, New Berlin's inventory levels remain relatively tight. Homes are taking about 180 days to sell, which is 0 days longer than this time last year. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the New Berlin market with the affordability index at 3669.1. Looking ahead, the New Berlin market is expected to maintain its current trajectory with relatively stable conditions.

Demographics market for - New Berlin, TX

Total Population -

942

White Population

85.14%

Black Population

1.49%

Mexican99.17% (12.74% of total population)
Puerto Rican0%
Cuban0.83% (0.11% of total population)
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan0%
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 0%
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 0%
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian4.13% (0.53% of total population)
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - New Berlin, TX

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Real Estate Market Prediction for - New Berlin, TX

City Hotspots
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