New - 19 minutes on Rocket
$5,046 Closing Credit¹
#50168050, Mary Jane Mattera, Listing Office: Gateway Realty Associates
New Baltimore Housing Market Report February 2025•Macomb County, Michigan
Housing Prices in New Baltimore, MI
How much do homes in New Baltimore, MI cost?
Housing Market Conditions
Is New Baltimore, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Baltimore is a Buyer's Market
Difference Since February 2024
Since last year, New Baltimore has remained a Buyer's Market.
Insight
New Baltimore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$392,500$194/SqFt
+$12,500
+3.3%
Based on all homes sold in the last 12 months
Insight
Homes in New Baltimore have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in New Baltimore was $392,500 in February 2025, up 3.3% from last year, and the median price per square foot was $194.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| New Baltimore | $380K | $392.5K | +3.3% |
| Chesterfield Township | $300.5K | $310K | +3.2% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $235K | $302.7K | +28.8% |
| 33 Bedrooms | $349.9K | $382.4K | +9.3% |
| 44 Bedrooms | $474.9K | $508K | +7.0% |
| 55+ Bedrooms | - | $599.4K | N/A |
Summary: New Baltimore housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +28.8%. The home price for 3 bedroom homes increased by +9.3%. The home price for 4 bedroom homes increased by +7.0%. The home price for 5 bedroom homes did not change.
Housing supply in New Baltimore, MI
How many homes are available in New Baltimore, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 72Last MonthFeb 2025 | ||
| 652 months agoJan 2025 | +10.8 % Change MoMJan – Feb |
Summary: The New Baltimore real estate market had 72 homes for sale in Feb 2025, a 10.8 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthFeb 2025 | ||
| 122 months agoJan 2025 | -16.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 11 | 8 | -27.3% |
| 33 Bedrooms | 23 | 26 | +13.0% |
| 44 Bedrooms | 30 | 37 | +23.3% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: New Baltimore housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -27.3%. The inventory for 3 bedroom homes increased by +13.0%. The inventory for 4 bedroom homes increased by +23.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in New Baltimore, MI cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price6 Homes
Insight
If you're buying a home in New Baltimore, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in New Baltimore in February 2025, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and and 10% were sold over asking.
Days on Market for New Baltimore, MI
How long does it take to sell a home in New Baltimore, MI?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days5 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in New Baltimore has remained consistent over time.
Summary: During February 2025, 10 homes were sold in New Baltimore; 30% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 60 DaysThis YearFeb 2025 | ||
| 17 Days1 year agoFeb 2024 | +256.5 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in New Baltimore had an average listing age of 60 days in Feb 2025, up by 256.5% compared to the previous year.
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Newest Listings in New Baltimore, MI
What homes are available in New Baltimore, MI?
Coming soon
$5,330 Closing Credit¹
#20250014794, AnnaMaria Jamil, Ramiz Jamil, Listing Office: Real Estate One-Troy
Coming soon
$7,719 Closing Credit¹
#20250014583, Matthew Berney, Listing Office: Quest Realty LLC
New - 1 day on Rocket
$5,046 Closing Credit¹
#50167932, Mary Jane Mattera, Listing Office: Gateway Realty Associates
New - 1 day on Rocket
$4,452 Closing Credit¹
#50167909, Mary Jane Mattera, Listing Office: Gateway Realty Associates
New - 2 days on Rocket
$6,282 Closing Credit¹
#20250012977, Calogero DAnna, Marianna DAnna, Listing Office: Keller Williams Lakeside
New - 5 days on Rocket
$5,093 Closing Credit¹
#50167578, Mary Jane Mattera, Listing Office: Gateway Realty Associates
New - 5 days on Rocket
$3,562 Closing Credit¹
#50167579, Kellie McGraw, Listing Office: Emerald Isle Real Estate Inc
New - 7 days on Rocket
$7,119 Closing Credit¹
#20250008332, Bernard Shamow, Listing Office: EXP Realty Main
$5,926 Closing Credit¹
#20250012183, Daniel DeYonker, Listing Office: EXP Realty Rochester
$6,886 Closing Credit¹
#50167030, Calogero D'Anna, Listing Office: Keller Williams Realty Lakeside
$4,986 Closing Credit¹
#20250010946, Tomasz Peda, Listing Office: Keller Williams Paint Creek
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 03/01/2023 - 03/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Last updated on: 3/6/2025, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.