Housing · New Lothrop
New Lothrop, MI housing market
The typical New Lothrop home is worth about $245,000, up 4.7% in a year, 8% below the Michigan typical home.
Home values, sales, trends and how New Lothrop compares with the towns next door — updated as new data is published.
The market right now
New Lothrop at a glance
Typical home value
$245K
▲ 4.7% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
New LothropMichigan
Show as a table
| January | New Lothrop | Michigan |
|---|---|---|
| 2017 | $134,000 | $144,000 |
| 2018 | $142,000 | $155,000 |
| 2019 | $152,000 | $165,000 |
| 2020 | $168,000 | $175,000 |
| 2021 | $190,000 | $194,000 |
| 2022 | $205,000 | $217,000 |
| 2023 | $214,000 | $230,000 |
| 2024 | $224,000 | $241,000 |
| 2025 | $232,000 | $253,000 |
| 2026 | $243,000 | $262,000 |
| August 2026 | $245,000 | $266,000 |
The homes
Owners, rent & taxes
Homeownership
71%
Median tax bill
$3,500
Median rent
$765
Typical home built
1971
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.