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Foreclosure Homes in New Buffalo, MI

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New Buffalo, MI Foreclosures

Current Market Conditions in in New Buffalo, MI As of February 2026?
Over the past month, the New Buffalo real estate market has remained active with a slight uptick in home listings. This has provided prospective buyers more options, although competition for desirable properties near the lake remains intense. Additionally, the average home prices have stabilized compared to the previous month, indicating a balanced market where both buyers and sellers can find favorable opportunities.
How much do homes sell for in New Buffalo, MI?
The average home price is currently $917,407.
In New Buffalo, MI, how many homes are available?
There are currently 2 active home listings available in New Buffalo.
What’s the average rental cost in New Buffalo, MI?
The average rental price in New Buffalo is $1,661.
What is the most expensive home in New Buffalo?
The most expensive home sold in New Buffalo had a price of $11,992,634.
What is currently the cheapest priced home in New Buffalo, MI?
The cheapest home for sale in New Buffalo is priced at $10,096.

Living in New Buffalo, MI

New Buffalo, MI is a beautiful lakeside community that attracts residents and visitors with its stunning beaches, vibrant downtown, and array of outdoor activities. Known for its friendly atmosphere and strong community spirit, it offers a mix of small-town charm and contemporary amenities. It is an ideal location for those seeking a relaxed lifestyle close to nature and cultural experiences.

Buyer vs Seller Market in New Buffalo, MI

The real estate market in New Buffalo is seeing steady growth, with an increasing number of buyers looking for second homes and retirement properties. The demand for waterfront properties remains high, making it a competitive market for homebuyers looking to invest in this scenic area.

In recent months, new developments have been introduced, contributing to the overall supply of housing options. Price appreciation has been notable as more people discover the charm of New Buffalo, making it not just a seasonal destination but a year-round community.

Home Value Estimator For New Buffalo, MI

There are currently 4,204 real estate properties in New Buffalo, MI, with a median automated valuation model (AVM) price of $627,518.00. 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 Buffalo, 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 Buffalo, MI, is $917,407.00, with the most expensive house in New Buffalo, MI, topping out at $11,992,634.00 and the cheapest home in New Buffalo, MI, clocking in at $10,096.00. In other words, there’s something for every potential homebuyer or savvy investor in New Buffalo, MI!

Rent Prices In New Buffalo, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Buffalo, MI, is on a rollercoaster ride. The average rent price in New Buffalo, MI, is $1,661.00. Indeed, when looking to rent in New Buffalo, MI, you can expect to pay as little as $840.00 or as much as $3,280.00, with the average rent median estimated to be $1,620.00. The good news is that finding an affordable and desirable property to rent in New Buffalo, 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 Buffalo, MI Foreclosures

Market Trend for New Buffalo, MI

Total Listings Available: 2

Market Values:

Home Prices from $10,096 to $11,992,634

Average Sales Price: $917,407

Rental Values:

Rental from $840 to $3,280

Average Rent Value: $1,661 / month

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