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New Buffalo, MI

Full City Profile · Michigan · Berrien County County

3.3 /5.0
B Good
1,306 Population 529/sq mi density
$64,524 Median Income $53,185 per capita
$342,700 Home Value $632,555 Zillow
$825 Median Rent 27.6% income on rent
50°F Avg Temperature 275 sunny days/yr
107 Violent Crime/100K 693 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$64,524 median income, 1.1% unemployment
B+
Affordability
3.7 / 5.0
$342,700 home value, $825/mo rent
F
Safety
1.0 / 5.0
107 violent crimes/100K
A
Education
4.2 / 5.0
40.1% bachelor's degree or higher

Housing Overview

Median Home Value
$342,700
22% above
US avg: $281,900
Median Rent
$825/mo
29% below
US avg: $1,163/mo
Homeownership Rate
76.3%
17% above US avg (65.4%)
Total Housing Units
1,602
Median year built: 1977

Home Value by Source

Census Median
$342,700
Zillow (ZHVI)
$632,555
Median Sale Price
$758,000
Median List Price
$669,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.3%
Owner-Occupied
23.7%
Renter-Occupied
76%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $825/mo

Market Indicators (Redfin)

Median Days on Market
29 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
4.8%
of listings with price reduction
Price Per Sq Ft
$483
Active Inventory
21
homes for sale

Affordability & Housing Stock

Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
76.3%

Complete Housing Data

Home Values

Census Median Value$342,700
Zillow Home Value (ZHVI)$632,555
Median Sale Price$758,000
Median List Price$669,000
Price Per Sq Ft$483

Rent

Census Median Rent$825
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market29
Sale-to-List Ratio1.0%
Price Drops4.8%
Homes Sold1
Active Inventory21
Price Per Sq Ft$483

Ownership & Stock

Owner-Occupied76.3%
Renter-Occupied23.7%
Homeownership Rate76.3%
Total Housing Units1,602
Median Year Built1977
Rent Burden27.6%