House Prices

The New Neighborhood Empire, MI House Prices & Home Values 2026


Average Data

average house price$259,829
average size per house1739 ft²
average price per ft²159 $ / ft²

04/15/2026 - The value range (VR) for house prices in The New Neighborhood Empire, MI is $151.05/ sqft to $166.95/ sqft. An average home with 1739 sqft costs approximately $278,174 to $307,456. Empire, MI includes 1 ZIP codes and it is located in Leelanau county. The lowest prices are found in ZIP 49630, while the highest are in ZIP 49630. The average price per sqare feet is $159. Our analysis is based on 32 property listings.

Avergage prices by ZIP codes The New Neighborhood Empire

4963062 $ / ft²




Historical development of home values in The New Neighborhood Empire

Year Estimated value (USD) Change vs. 2025
2010 $120,669 -53.6%
2011 $116,003 -55.4%
2012 $115,691 -55.5%
2013 $120,015 -53.8%
2014 $125,983 -51.5%
2015 $132,448 -49.0%
2016 $139,360 -46.4%
2017 $146,882 -43.5%
2018 $155,003 -40.3%
2019 $162,190 -37.6%
2020 $170,574 -34.4%
2021 $194,010 -25.3%
2022 $226,172 -13.0%
2023 $238,509 -8.2%
2024 $252,307 -2.9%
2025 $259,829 0.0%

Graph: estimated home values in The New Neighborhood Empire over time (USD)



Example: 100% financing house in The New Neighborhood Empire

Loan amount: $259,829

Interest rate: 6.35%

Fixed monthly payment: $1,617.43

Breakdown in the 1st month:
Interest portion: $1,375.79  –  Principal portion: $241.63

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,423.58 $2,985.55 $256,843.45
2 $16,228.26 $3,180.88 $253,662.57
3 $16,020.15 $3,388.98 $250,273.59
4 $15,798.43 $3,610.70 $246,662.89
5 $15,562.21 $3,846.92 $242,815.97
6 $15,310.53 $4,098.60 $238,717.36
7 $15,042.39 $4,366.75 $234,350.61
8 $14,756.70 $4,652.44 $229,698.18
9 $14,452.32 $4,956.82 $224,741.36
10 $14,128.03 $5,281.11 $219,460.25
11 $13,782.52 $5,626.62 $213,833.64
12 $13,414.41 $5,994.73 $207,838.91
13 $13,022.21 $6,386.93 $201,451.98
14 $12,604.35 $6,804.78 $194,647.20
15 $12,159.16 $7,249.97 $187,397.23
16 $11,684.84 $7,724.29 $179,672.94
17 $11,179.49 $8,229.64 $171,443.30
18 $10,641.08 $8,768.05 $162,675.24
19 $10,067.44 $9,341.69 $153,333.55
20 $9,456.28 $9,952.86 $143,380.69
21 $8,805.13 $10,604.01 $132,776.69
22 $8,111.38 $11,297.76 $121,478.93
23 $7,372.24 $12,036.90 $109,442.03
24 $6,584.74 $12,824.39 $96,617.64
25 $5,745.72 $13,663.41 $82,954.23
26 $4,851.82 $14,557.32 $68,396.91
27 $3,899.43 $15,509.71 $52,887.20
28 $2,884.73 $16,524.41 $36,362.80
29 $1,803.64 $17,605.49 $18,757.30
30 $651.83 $18,757.30 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in The New Neighborhood Empire, MI


1500 sqft3900 sqft
Ø selling price$305,612$650,120
Ø fast selling$277,829$585,108
Ø high price sale$333,395$715,131

In 2026, houses in The New Neighborhood Empire, MI will be offered at an average price of $159 per square foot. A 1,500 sqft home priced at $305,612 is 24.36% more expensive per square foot than a 3,900 sqft home priced at $650,120. Home prices in The New Neighborhood Empire, MI vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $450,083. Sellers who can wait longer may achieve a higher price of up to $550,101.


The New Neighborhood in Empire, MI

Location and Lifestyle

The New Neighborhood in Empire, MI blends small-town charm with access to world-class natural beauty.
Nestled in Leelanau County near the Sleeping Bear Dunes National Lakeshore, the community offers easy connections to beaches, trails, and scenic overlooks. Residents enjoy a walkable setting close to downtown Empire, local cafes, and seasonal events.

Homes and Community

Thoughtfully planned streetscapes and green spaces foster a friendly, front-porch culture for year-round living or vacation retreats. Homes feature practical layouts and Midwest-inspired design details that emphasize comfort, light, and connection to the outdoors. Community paths, pocket parks, and gathering spots make it easy to meet neighbors and build lasting connections.

Outdoor Recreation and Amenities

From kayaking on Lake Michigan to biking forested trails, outdoor recreation starts just beyond your doorstep. Nearby trailheads, public beaches, and overlooks create a daily lifestyle centered on nature, wellness, and fresh air.

Real Estate and Accessibility

With proximity to Glen Arbor, Traverse City, and regional wineries, Leelanau County real estate in this area balances serenity and convenience. Buyers exploring homes for sale in Empire, MI appreciate the neighborhood?s value, low-key vibe, and strong sense of place.



FAQ – Home Values in The New Neighborhood Empire

What is the median home value in The New Neighborhood Empire in 2026?

In 2026, the typical home value in The New Neighborhood Empire is about $259,829 for an average home size of 1739 square feet. This corresponds to an average price of roughly $159 per square foot.

What is the average cost per square foot in The New Neighborhood Empire?

In 2026, homes in The New Neighborhood Empire sell for an average of around $159 per square foot, with a typical range between $151.05 and $166.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in The New Neighborhood?

The average home size in The New Neighborhood Empire is about 1739 square feet, with an estimated 2026 value around $259,829.



Neighborhoods close to The New Neighborhood Empire, MI

Glen Haven Glen Arbor, MI127 $ / ft²
Dublin Wellston, MI159 $ / ft²
Downtown Boyne City Boyne City, MI280 $ / ft²
Isadore Cedar, MI180 $ / ft²
Cutlerville Grand Rapids, MI131 $ / ft²
Farwell Lake Horton, MI235 $ / ft²




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