The story of this market
The typical home in New Baltimore, Michigan sells for about $385,000, or $192 per square foot.
Prices are up +8% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,700 a month.
Monthly price momentum
Home values since 2015
+4.5%
MI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
New Baltimore, Michigan
New Baltimore is experiencing a robust seller's market driven by its desirable waterfront location and high-quality school district. Home values have seen consistent year-over-year growth, supported by low inventory and strong demand from family buyers. The city's stable economic environment and community-focused infrastructure continue to bolster property liquidity and long-term value.
No ARED county foreclosure postings attributed to New Baltimore yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 8.0% year over year.
Homes spend a median of 45 days on market with 3.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 5.4% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
Provides extensive recreational boating, fishing, and scenic views that define the city's character and property appeal.
A central waterfront park offering public beach access, picnic areas, and community event space.
New Baltimore is ideal for family buyers and professionals seeking a waterfront lifestyle with a strong sense of community, while offering a manageable commute to Detroit employment hubs.
The city is served by the Anchor Bay School District, which is widely regarded for its strong academic performance and high graduation rates.
Transportation is primarily automobile-dependent, with access to I-94 providing the main artery for regional travel and commuting.
The city features a significant waterfront amenity base on Anchor Bay, including public parks, marinas, and a historic downtown area that serves as a local social hub.
The rental market is characterized by low vacancy pressure and steady demand, with limited short-term rental inventory and a focus on long-term residential leasing.
The local economy is driven by a mix of small businesses, retail, and service industries, with many residents commuting to larger industrial and corporate employers in Macomb County.
The city benefits from its position as a waterfront residential hub with steady demand, supported by its proximity to major employment centers in Macomb County and the Detroit region.
Development is focused on maintaining the city's historic charm while supporting modest residential infill and commercial revitalization in the downtown district.
Parcels are subject to standard municipal and county tax levies, with no significant MUD or PID districts reported.
New Baltimore maintains a reputation as a safe, family-oriented community with crime rates generally lower than the broader Detroit metropolitan area.
As a waterfront city on Anchor Bay, properties near the shoreline may face flood risks, though the city manages infrastructure to mitigate these concerns.
Property insurance premiums are influenced by the city's proximity to Lake St. Clair, requiring standard coverage for wind and water-related risks.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.