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Home values, rents and more in New Lothrop, MI

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$244,000
Metro: $213,000 · U.S.: $366,000
Home values, past year
+5.0%
Metro: +5.1% · U.S.: +1.2%
Population
733
ACS 2020–24
Median household income
$72,344
Metro: $67,404 · U.S.: $80,734
ZIP codes around New Lothrop, MI, shaded by typical home valueNew Lothrop48460
  • Under $0k
  • No data
ZIP codes around New Lothrop, MI, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. New Lothrop is outlined.

How New Lothrop compares

The typical home in New Lothrop, MI is worth about $244,000, according to the Zillow Home Value Index for September 2026. Home values in New Lothrop are 14% above the typical value in the Owosso metro area ($213,000) and 33% below the U.S. typical value ($366,000).

Over the past year, home values in New Lothrop rose 5.0%, compared with +5.1% in the Owosso metro area and +1.2% nationally.

The median household income is $72,344, against $67,404 in the Owosso metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 733 people live in New Lothrop (American Community Survey 2020–24).

New Lothrop has the 5th-highest typical home value of the 12 cities in the Owosso metro area and the 334th-highest of 686 in Michigan with Zillow figures.

Part of: Shiawassee County, MI · Owosso metro area · Michigan

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
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Nearby cities

ZIP codes in New Lothrop, MI

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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