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Preforeclosure Homes in New Baltimore, MI

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Living in New Baltimore, MI

New Baltimore, MI is a beautiful lakeside community offering a mix of recreational activities, shopping, and family-friendly events. The area features picturesque scenery and a strong commitment to education and safety. With great access to nearby urban amenities, New Baltimore is a compelling choice for real estate investments.

Current Market Conditions in New Baltimore, MI

The real estate market in New Baltimore has shown consistent growth in recent years, with an increasing number of families and young professionals moving to the area for its affordability and quality of life. Home prices have been steadily rising, reflecting the growing demand for housing in this desirable location.

Investors can expect a healthy rental market due to the community's appeal to families, offering a strong potential for appreciation in property values and rental income as the area continues to attract new residents.

Home Value Estimator For New Baltimore, MI

There are currently 4,652 real estate properties in New Baltimore, MI, with a median automated valuation model (AVM) price of $367,018.00. 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 $374,999.00, with the most expensive house in New Baltimore, MI, topping out at $8,450,451.00 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.

New Baltimore, MI Preforeclosure Homes


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