Is New Haven, MI 48048 a buyer’s or seller’s market?
New Haven is a seller’s market. With about 1.8 months of supply and 27% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 71% of U.S. ZIP codes, and #234 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The New Haven housing market right now
In the three months ending August 31, 2026, 27% of homes in New Haven, MI 48048 sold above their list price, the typical home went under contract in 31 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 34 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold more slowly (18 days then) and the median sale price rose 17% to $346,850. Overall, New Haven is less competitive than a year ago, which gives buyers more room.
Within Macomb County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell less often over asking than in 89%. On our competition score, New Haven ranks #234 of 510 MI ZIP codes with enough sales (score 68 out of 100).
Nearby, buyers who want less competition could look at New Haven 48050 (0% sold over asking) or Romeo 48065 (17% sold over asking), while Sterling Heights 48314 (49% sold over asking) and Sterling Heights 48313 (47% sold over asking) are even more competitive.
Run the numbers for 48048
Nearby markets
Armada 48005Seller’s market $181 /sq ftCenter Line 48015Seller’s market $142 /sq ftClinton Township 48035Seller’s market $160 /sq ftClinton Township 48036Seller’s market $137 /sq ft Browse all markets →Towns like New Haven nearby
Find towns like New Haven in other states →Where New Haven is
Loading map…
Questions about New Haven real estate
Is New Haven a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in New Haven, MI 48048 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in New Haven?
The typical home went under contract in 31 days in the latest three months.
Do homes in New Haven sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in New Haven?
About 1.40% of a home’s value a year in Macomb County, or roughly $5,600 on a $400,000 home.
What is the median home price in New Haven?
The median sale price was $346,850 in the three months ending August 31, 2026, about $166 per square foot.
Local agents
See all agents in 48048 →No sponsored agents in 48048 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 48048
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology