Is New Boston, MI 48164 a buyer’s or seller’s market?

The New Boston housing market right now

In the three months ending August 31, 2026, 43% of homes in New Boston, MI 48164 sold above their list price, the typical home went under contract in 23 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 38 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (31 days then) and the median sale price rose 5% to $406,324. Overall, New Boston is more competitive than a year ago, so tougher for buyers.

Within Wayne County, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 69%. On our competition score, New Boston ranks #113 of 510 MI ZIP codes with enough sales (score 78 out of 100).

Nearby, buyers who want less competition could look at Dearborn 48120 (0% sold over asking) or Detroit 48201 (5% sold over asking), while Dearborn 48128 (72% sold over asking) and Livonia 48154 (59% sold over asking) are even more competitive.