Foreclosures in New Baltimore, MI

Current Market Conditions in New Baltimore, MI

The real estate market in New Baltimore has shown steady growth over the past year, with new homes being built and older homes being renovated. The waterfront properties are in particularly high demand as families seek both primary residences and vacation homes. Overall, the market favors sellers, with properties often receiving multiple offers above asking price.

Year-to-date data indicates an increase in home sales compared to last year, reflecting the area's desirable location along the lake and easy access to Detroit. Buyers are willing to invest more for homes that offer lake views or easy access to community amenities.

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.