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Featured local agent — New Baltimore, MI
Sarah Mitchell
Compass Real Estate · New Baltimore, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Baltimore, MI Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $435,000 |
| Median list price | $387,450 |
| Year-over-year price change | -5.3% |
| Average days on market | 26 days |
| Active inventory | 25 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 98.1% |
| Median price per sq ft | $197/sq ft |
| Homes sold (latest month) | 16 |
| New listings (latest month) | 16 |
| Listings with a price cut | 20.0% |
| Market condition | Seller'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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $435,000 | $197/sq ft | 16 | 26 days |
| Condo / Co-op | $274,900 | $236/sq ft | 1 | 51 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
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
Lighthouse Elementary School
Grades PK-5 · 442 students
Ashley Elementary School
Grades PK-5 · 431 students
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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