Is New Haven, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, New Haven has remained a Seller's Market.
Housing Prices in New Haven, MI
How much do homes in New Haven, MI cost?
Median Sold Price
$289,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in New Haven was $289,500 in June 2024, up 7.2% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $210K | $66K | -68.6% |
3 Bedrooms | $260K | $275K | +5.8% |
4 Bedrooms | $342.7K | $316.4K | -7.7% |
5+ Bedrooms | $235K | $326.2K | +38.8% |
Summary: New Haven housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 68.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 38.8%.
Median Sold Price Compared To Nearby Cities
New Haven | $270K | $289.5K | +7.2% |
Lenox Township | $271K | $290K | +7.0% |
Housing Supply in New Haven, MI
How many homes are available in New Haven, MI?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
8 | 15 | +87.5% |
Summary: The New Haven real estate market had 15 homes for sale in June 2024, a 87.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Haven housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in New Haven in June 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for New Haven, MI
How long does it take to sell a home in New Haven, MI?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
28 Days | 19 Days | -31.0% |
Summary: Homes in New Haven had an average of 19 days on market in Jun 2024, down by 31% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 3 homes were sold in New Haven; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.