Housing Prices in New Lothrop, MI

How much do homes in New Lothrop, MI cost?

Median List Price

$199,000

$129/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$450(-0.2%)

Key Takeaway

The list price of homes in New Lothrop has remained the same since last year.

Summary: The median home list price in New Lothrop was $199,000 in November 2024, down 0.2% from the previous year, and the median price per square foot was $129.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $139.9K-
N/A
3 $179.9K$184.9K
+2.8%
4 $282.4K$279K
-1.2%
5+ $295K-
N/A

Summary: New Lothrop housing prices by bedroom type for November 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 2.8%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

New Lothrop
-0.2%
Hazelton Township
-4.8%

Housing Supply in New Lothrop, MI

How many homes are available in New Lothrop, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
23+50.0%

Summary: The New Lothrop real estate market had 3 homes for sale in November 2024, a 50.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 02
+100.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The New Lothrop housing inventory by bedroom type for November 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 100%, 4 bedroom homes decreased by 50%, 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

Nov 2023Nov 2024CHANGE
130 Days38 Days-70.8%

Summary: Homes in New Lothrop had an average listing age of 38 days in Nov 2024, down by 70.8% compared to the previous year.

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

Report Updated 22 Days Ago

Newest Listings in New Lothrop, MI

Nearby Markets to New Lothrop, MI