Is New Lothrop, MI 48460 a buyer’s or seller’s market?
New Lothrop is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$195▲ +40.6% vs. last year
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Nearby markets
Bancroft 48414Seller’s market $186 /sq ftByron 48418Seller’s market $177 /sq ftCorunna 48817Seller’s market $108 /sq ftDurand 48429Seller’s market $145 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology