New Era, MI Foreclosures
How much do homes sell for in New Era, MI?
The average home price is currently $281,072.
In New Era, MI, how many homes are available?
There are currently 3 active home listings available in New Era.
What’s the average rental cost in New Era, MI?
The average rental price in New Era is $1,489.
What is the most expensive home in New Era?
The most expensive home sold in New Era had a price of $2,190,811.
What is currently the cheapest priced home in New Era, MI?
The cheapest home for sale in New Era is priced at $21,056.
Living in New Era, MI
New Era, MI is a quaint small town nestled in Oceana County known for its friendly community and beautiful natural surroundings. With close proximity to Lake Michigan, it offers a peaceful lifestyle complemented by outdoor activities and local events. Perfect for families and those seeking a quiet retreat from the hustle and bustle of city life.
Current Market Conditions in New Era, MI
The real estate market in New Era has shown moderate growth in recent months, with an increasing interest from buyers looking for affordable housing options in serene settings. Homes are often characterized by their charm and character, with many featuring agricultural land and scenic views. As demand rises, home prices are gradually increasing, making it a promising market for both buyers and sellers.
As more families and retirees seek the tranquility of rural living, the demand for homes in New Era continues to grow. This trend is likely to maintain upward pressure on prices, albeit slowly, as the market remains relatively stable compared to larger urban areas.
Home Value Estimator For New Era, MI
There are currently 947 real estate properties
in New Era, MI,
with a median automated valuation model (AVM) price
of $230,997.00. 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 Era, 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 Era, MI,
is $281,072.00, with the most expensive house
in New Era, MI, topping out
at $2,190,811.00 and the cheapest home
in New Era, MI,
clocking in at $21,056.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Era, MI!
Rent Prices
In New Era, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Era, MI, is on
a rollercoaster ride. The
average rent price in New Era, MI,
is $1,489.00. Indeed, when looking to rent in
New Era, MI, you can expect to pay as little
as $950.00 or as much
as $2,630.00,
with the average rent median estimated to
be $1,420.00. The good news is that finding
an affordable and desirable property to rent in New Era, 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.
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