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Featured local agent — New Baltimore, MI

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Sarah Mitchell

CNESRESABR

Compass Real Estate · New Baltimore, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

New Baltimore, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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New Baltimore, MI Housing Market & Real Estate

Seller's market-5.3% YoY

Housing market overview · Updated monthly ·

$435,000median sale price

How is the New Baltimore, MI housing market right now?

The median home sale price in New Baltimore, MI is $435,000, down 5.3% year-over-year. Homes sell in an average of 26 days with 25 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is New Baltimore a buyer's or seller's market?

Seller's market1.6 months of supply26 avg. days on market

New Baltimore, MI is currently a seller's market, based on 1.6 months of supply and homes selling in about 26 days. How we determine this →

Homes sold

16

Last 12 weeks

Days on market

26

Average pace

Active listings

25

1.6 months supply

Sale-to-list

98.1%

Below asking

What does the New Baltimore housing market data show?

Current housing market statistics for New Baltimore, MI
MetricValue
Median sale price$435,000
Median list price$387,450
Year-over-year price change-5.3%
Average days on market26 days
Active inventory25 listings
Months of supply1.6 months
Sale-to-list price ratio98.1%
Median price per sq ft$197/sq ft
Homes sold (latest month)16
New listings (latest month)16
Listings with a price cut20.0%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in New Baltimore by property type?

How the New Baltimore, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in New Baltimore, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$435,000$197/sq ft1626 days
Condo / Co-op$274,900$236/sq ft151 days

Source: Redfin · Updated monthly

The New Baltimore housing market is currently classified as a seller's market with a median sale price of $435,000. Prices have fallen 5.3% compared to last year, with homes spending an average of 26 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.

Homes for sale in New Baltimore

There are currently 25 homes listed for sale in New Baltimore, Michigan. The median listing price is $387K.

Active listings

25

Homes on market

Median list price

$387K

Avg. days on market

26

Days until sale

New this week

16

Newly listed

Price drops:20.0%of listings
Sale-to-list:98.1%

Who lives in New Baltimore?

Population

12,060

Median income

$97,027/yr

Median age

42.9 years

Owner-occupied

82.3%

College grads

27.2%

Avg commute

30.9 min

Source: U.S. Census Bureau ACS

What are homes worth in New Baltimore?

Zillow home value

$365,750

Price-to-income

3.8x

Source: Zillow Research

What is it like to live in New Baltimore?

New Baltimore is a community of approximately 12K residents with a median age of 42.9 years.The median household income is $97,027, which reflects a relatively affluent area with strong earning potential. 27.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 82.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, New Baltimore offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve New Baltimore?

3 schools tracked · 1,557 students

The largest public schools serving New Baltimore, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Anchor Bay Middle School North

Grades 6-8 · 684 students

Public

Lighthouse Elementary School

Grades PK-5 · 442 students

Public

Ashley Elementary School

Grades PK-5 · 431 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near New Baltimore, MI?

Want a head-to-head view? Compare New Baltimore side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in New Baltimore?

The median home sale price in New Baltimore is $435,000, down 5.3% from last year.

How long do homes stay on market in New Baltimore?

Homes typically spend 26 days on market before going under contract.

What is the median income in New Baltimore?

The median household income is $97,027 per year.

Is New Baltimore a buyer's or seller's market?

With 1.6 months of supply, New Baltimore is currently a seller's market.

What is the Zillow home value estimate for New Baltimore?

The Zillow Home Value Index (ZHVI) for New Baltimore is $365,750, representing the typical home value in the area.

What is the median condo price in New Baltimore?

The median condo/co-op sale price in New Baltimore, MI is $274,900, compared to $435,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in New Baltimore?

The median single-family home price in New Baltimore, MI is $435,000 (about $197 per square foot).

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