The housing market in Newaygo, MI is thriving and the median value of a house is $210,500. This is significantly lower than the US median house value of $338,100 and is likely a major attraction for those looking to purchase a home. The US has seen an 8.27% appreciation in house values over the past year, while Newaygo, MI has seen an even higher rate of 12.54%. This strong growth means that those looking to invest in the real estate market will find excellent returns here. With its attractive pricing and strong appreciation potential, Newaygo is an ideal place for those searching for a great investment opportunity or a new home.
The median home cost in Newaygo is $210,500. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Newaygo is up 16.2%.
Average Age of Homes
- The median age of Newaygo real estate is 38 years old
The Rental Market in Newaygo
- Renters make up 43.2% of the Newaygo population
- 2.0% of houses and apartments in Newaygo, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.