New Troy, MI Foreclosures
How much do homes sell for in New Troy, MI?
The average home price is currently $238,470.
In New Troy, MI, how many homes are available?
There are currently 161 active home listings available in New Troy.
What’s the average rental cost in New Troy, MI?
The average rental price in New Troy is $1,361.
What is the most expensive home in New Troy?
The most expensive home sold in New Troy had a price of $719,500.
What is currently the cheapest priced home in New Troy, MI?
The cheapest home for sale in New Troy is priced at $51,000.
Living in New Troy, MI
New Troy, Michigan is a quaint community that offers a serene lifestyle with beautiful natural surroundings. It's an ideal location for families seeking a tight-knit atmosphere as well as retirees looking for peace. With great local amenities and recreational activities nearby, New Troy is a hidden gem in Berrien County.
Current Market Conditions in New Troy, MI
The current real estate market in New Troy shows a steady demand for homes, with an increasing number of buyers seeking the tranquility of small-town living. The average home prices have shown a moderate increase over the past few months, indicating a healthy market.
Homes in New Troy tend to sell quickly, reflecting the area's appealing environment and amenities. Nevertheless, competition is not overwhelming, allowing potential homeowners a fair chance at purchasing their desired property.
Home Value Estimator For New Troy, MI
There are currently 34 real estate properties
in New Troy, MI,
with a median automated valuation model (AVM) price
of $201,618.00. 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 Troy, 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 Troy, MI,
is $238,470.00, with the most expensive house
in New Troy, MI, topping out
at $719,500.00 and the cheapest home
in New Troy, MI,
clocking in at $51,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Troy, MI!
Rent Prices
In New Troy, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Troy, MI, is on
a rollercoaster ride. The
average rent price in New Troy, MI,
is $1,361.00. Indeed, when looking to rent in
New Troy, MI, you can expect to pay as little
as $1,080.00 or as much
as $1,610.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in New Troy, 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.
Learn more on Foreclosure homes
