Zip 49337 (Newaygo, MI) Housing

In 49337 Newaygo, MI, the median value of a house is $204,500. This is much lower than the US Median Value of $338,100 and reflects the affordability of this market. Despite this lower median value the housing market in 49337 Newaygo, MI has outperformed the US market with a 1 year appreciation of 12.54% compared to 8.27%. This indicates that this area could be an attractive place to invest in terms of property values.

The median home cost in Newaygo (zip 49337) is $204,500. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Newaygo (zip 49337) is up 16.2%.

Average Age of Homes

- The median age of Newaygo (zip 49337) real estate is 35 years old

The Rental Market in Newaygo (zip 49337)

- Renters make up 13.2% of the Newaygo (zip 49337) population
- 0.5% of houses and apartments in Newaygo (zip 49337), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Newaygo, Michigan	United States
	6,334.0	139,647,020.0
	42	42
	$204,500	$338,100
	16.2%	16.6%
	62.1%	57.0%
	120.9%	101.1%
	$11.88	$10.98
	$1,781	$2,690
	63.8%	57.4%
	24.7%	11.2%
	11.5%	31.4%
Vacant Housing
	0.5%	1.9%
	0.2%	0.4%
	0.7%	0.7%
	0.3%	0.4%
	21.1%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	5.2%	2.4%
	7.0%	2.8%
	7.2%	3.9%
	9.7%	4.5%
	16.8%	11.3%
	14.3%	13.0%
	22.8%	20.1%
	5.6%	13.6%
	4.0%	8.3%
	2.5%	9.7%
	0.7%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	10.5%	13.6%
	10.5%	13.6%
	21.9%	13.6%
	12.5%	13.2%
	17.5%	14.8%
	21.9%	13.6%
	10.6%	10.0%
	3.4%	4.7%
	8.4%	12.2%

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