Is New Troy, MI 49119 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

New Troy is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 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 market20Listing to accepted offer

Median price per sq ft$173

The New Troy housing market right now

In the three months ending August 31, 2026, 0% of homes in New Troy, MI 49119 sold above their list price and the typical home went under contract in 20 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (44 days then) and the median sale price rose 110% to $199,814. Overall, New Troy is more competitive than a year ago, so tougher for buyers.

Within Berrien County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Harbert 49115 (33% sold over asking) and Three Oaks 49128 (33% sold over asking) are even more competitive.

About the area

Berrien County, MI

Population	134
Median income	$56,513
Average income	$73,676
Median home value	$137,500
Median rent	$1,063/month
Owner-occupied	64% of homes
Median year built	1938

Natural hazard riskHail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 49119; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 49119

Prefilled for 49119Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49119Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Baroda 49101Seller’s market $164 /sq ft Benton Harbor 49022Balanced $149 /sq ft Berrien Center 49102Buyer’s market $148 /sq ft Berrien Springs 49103Balanced $185 /sq ft Browse all markets →

Where New Troy is

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Questions about New Troy real estate

How fast do homes sell in New Troy?

The typical home went under contract in 20 days in the latest three months.

Do homes in New Troy sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in New Troy?

About 1.08% of a home’s value a year in Berrien County, or roughly $4,320 on a $400,000 home.

What is the median home price in New Troy?

The median sale price was $199,814 in the three months ending August 31, 2026, about $173 per square foot.

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Berrien County property taxes Berrien County loan limits Closing costs in Michigan Hottest ZIP codes in Michigan

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology