Housing Prices in New Era, MI

How much do homes in New Era, MI cost?

Median List Price

$249,000

$175/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$64,550(+35.0%)

Key Takeaway

The list price of homes in New Era has increased by 35% since last year.

Summary: The median home list price in New Era was $249,000 in October 2024, up 35% from the previous year, and the median price per square foot was $175.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$152.4K
N/A
2 $169.5K$189.9K
+12.1%
3 $179.9K$239.9K
+33.4%
4 $232.5K$374.9K
+61.3%
5+ $229.9K$377.4K
+64.1%

Summary: New Era housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 33.4%, 4 bedroom homes increased by 61.3%, and 5+ bedroom homes increased by 64.1%.

Median List Price Compared To Nearby Cities

New Era
+35.0%
Grant Township
+17.9%
Shelby Township
+15.7%

Housing Supply in New Era, MI

How many homes are available in New Era, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
810+25.0%

Summary: The New Era real estate market had 10 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 11
0.0%
3 35
+66.7%
4 11
0.0%
5+ 11
0.0%

Summary: The New Era housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for New Era, MI

How long does it take to sell a home in New Era, MI?

Average Listing Age

Oct 2023Oct 2024CHANGE
105 Days60 Days-43.0%

Summary: Homes in New Era had an average listing age of 60 days in Oct 2024, down by 43% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in New Era, MI

Nearby Markets to New Era, MI