$29,850
0.46 Acres
Land
Randall Haney, Listing Office: American Associates Inc
Housing Prices in New Lothrop, MI
How much do homes in New Lothrop, MI cost?
Median List Price
$189,900
$131/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$10,000(-5.0%)
Key Takeaway
The list price of homes in New Lothrop has decreased by 5% since last year.
Summary: The median home list price in New Lothrop was $189,900 in October 2024, down 5% from the previous year, and the median price per square foot was $131.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $139.9K | - | N/A |
| 3 Bedrooms | $179.9K | $180K | 0.1% |
| 4 Bedrooms | $312.9K | $239.5K | -23.5% |
| 5+ Bedrooms | $295K | - | N/A |
Summary: New Lothrop 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 did not change, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Hazelton Township | $199K | $189.9K | -4.6% |
| New Lothrop | $199.9K | $189.9K | -5.0% |
Housing Supply in New Lothrop, MI
How many homes are available in New Lothrop, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Summary: The New Lothrop real estate market had 2 homes for sale in October 2024, a 33.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Lothrop 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Days on Market for New Lothrop, MI
How long does it take to sell a home in New Lothrop, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 154 Days | 82 Days | -46.7% |
Summary: Homes in New Lothrop had an average listing age of 82 days in Oct 2024, down by 46.7% compared to the previous year.
