New Era Housing Information - Census

IndexNew EraMichiganNational
Median home price$98,300$127,800$184,700
Median rent asked$586$799$949
Avg. people per household2.42.52.6
Owner occupied households88.0%70.8%63.6%
Renter occupied households12.0%29.2%36.4%

New Era Housing Information - Zillow

IndexNew EraMichiganNational
Zillow home value indexn/a$132,300$196,500
Year over year appreciation raten/a7.91%6.79%
5 year average appreciation raten/a8.20%5.28%
10 year average appreciation raten/a-0.30%0.01%

Did you know?

  • The median home price in New Era is 47% lower than the national average.
  • The median rent asked in New Era is 38% lower than the national average.
  • The average number of people per household in New Era is 7% lower than the national average.
  • The number of owner occupied households in New Era is 38% higher than the national average.
  • The number of renter occupied households in New Era is 67% lower than the national average.

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Compare New Era, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Walkerville, MI174$58,80068%
Lakewood Club, MI1,139$81,20056%
Hart, MI2,188$81,90056%
Shelby, MI2,092$84,00055%
Rothbury, MI339$87,00053%
New Era, MI477$98,30047%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Bruin, PA477$85,80054%
Little Rock, IA477$49,10073%
Turpin, OK477$113,20039%
Hope, KS477$72,30061%
Groton Long Point, CT477$766,700315%
New Era, MI477$98,30047%
Source: The New Era, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.