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Cheap Homes in New Baltimore, MI 48051

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New Baltimore, MI Foreclosures

How much do homes sell for in New Baltimore, MI?
The average home price is currently $374,926.
What’s the average rental cost in New Baltimore, MI?
The average rental price in New Baltimore is $1,374.
What is the most expensive home in New Baltimore?
The most expensive home sold in New Baltimore had a price of $8,555,500.
What is currently the cheapest priced home in New Baltimore, MI?
The cheapest home for sale in New Baltimore is priced at $25,570.

Living in New Baltimore, MI

New Baltimore, located on the shores of Lake St. Clair, is a charming city known for its waterfront activities, small-town atmosphere, and vibrant community events. With easy access to nature, parks, and recreational options, it is an ideal place for families and outdoor enthusiasts. Residents enjoy a tranquil lifestyle while being in proximity to major metropolitan areas like Detroit.

Current Market Conditions in New Baltimore, MI

The New Baltimore real estate market has shown steady growth in recent months, with an increase in home values and a competitive market. Buyers are actively seeking properties, leading to quicker sales and a slight decrease in inventory levels. The area's waterfront location continues to be a significant draw for potential homeowners, contributing to increasing demand in the residential sector.

Overall, the market remains favorable for sellers, with properties often receiving multiple offers. The combination of low interest rates and limited housing stock is pushing prices upward, making it an opportune time for sellers to enter the market.

Home Value Estimator For New Baltimore, MI

There are currently 4,654 real estate properties in New Baltimore, MI, with a median automated valuation model (AVM) price of $368,404.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Baltimore, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in New Baltimore, MI, is $374,926.00, with the most expensive house in New Baltimore, MI, topping out at $8,555,500.00 and the cheapest home in New Baltimore, MI, clocking in at $25,570.00. In other words, there’s something for every potential homebuyer or savvy investor in New Baltimore, MI!

Rent Prices In New Baltimore, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Baltimore, MI, is on a rollercoaster ride. The average rent price in New Baltimore, MI, is $1,374.00. Indeed, when looking to rent in New Baltimore, MI, you can expect to pay as little as $690.00 or as much as $2,620.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in New Baltimore, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in New Baltimore, MI 48051


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