The housing market in Newaygo, MI County is strong, with the median value of homes sitting at $185,100. This is significantly lower than the national average of $338,100. Interestingly enough, the appreciation rate for houses in Newaygo over the last year was 11.97%, higher than the national average of 8.27%. Therefore, it's a great time to invest in the housing market in Newaygo as there are cheaper prices and strong returns on investment.
The median home cost in Newaygo County is $185,100. Home appreciation the last 10 years has been 121.9%. Home Appreciation in Newaygo County is up 16.3%.
Average Age of Homes
- The median age of Newaygo County real estate is 38 years old
The Rental Market in Newaygo County
- Renters make up 12.3% of the Newaygo County population
- 0.2% of houses and apartments in Newaygo County, 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.