New Boston, MI Home Values & Market Trends

Real estate market trends reflect that there have been 115 transactions over the past year in New Boston. The median value for residential home transactions that occurred over the previous year is $302,930.09. The number of current listings in New Boston is 10, and the percentage of properties for sale in the city is 10.00%. New Boston, MI currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 10 properties for sale.

New Boston, MI Real Estate Market Overview

ZipMedian Est. Value
48164

$ 274,381

$ 133/sqft

Housing Market Summary for New Boston, MI

Apr 2023March 2024Change
Median Listing Price$394.9K$262.9K-33.43%
Median Sold Price$279.8K$262.9K-6.06%
Homes For Sale124-66.67%
Homes Sold10279-22.55%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in New Boston, MI

New Boston home values range from $23,570 to $1,404,155. The median estimated value of a home in New Boston is $302,930.09. The median list price of a home is 289,900, and the total count of properties in the city is 3,507.

Foreclosure
There is 1 zips within New Boston, MI; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in New Boston, MI with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in New Boston, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Boston, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in New Boston, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in New Boston, MI. There is 1 zips within New Boston, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of New Boston, MI. Auction homes and other auction properties account for 0% of all properties in New Boston, MI. There is 1 zips within New Boston, MI; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.29% of residential properties in New Boston, MI with 48164 containing 10 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within New Boston, MI; homes for sale in that zips, have a range of median values from $419,402 in 48164 to the lowest value of $168,709 in 48164.
    Sold Homes
    The median value for recently sold homes ranges from $781,334 in 48164 to the lowest price of $23,570 in 48164. There is 1 zips within New Boston, MI. 48164 has 102 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.91% of properties in New Boston, MI.

      Compare Nearby Cities

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      Guide for New Boston, MI

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
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      Lansing Home Values Surge to $132,500 Amid Real Estate Growth
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Lansing Home Values Surge to $132,500 Amid Real Estate Growth
      Michigan|posted 23 April 2024

      Lansing’s real estate market has seen substantial growth in home values and sales prices from April 2023 to March 2024, positioning the city as an attractive investment prospect.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      Recently Listed Homes New Boston, MI

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