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Foreclosure Homes in Newaygo, MI

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Newaygo, MI Foreclosures

How much do homes sell for in Newaygo, MI?
The average home price is currently $283,571.
In Newaygo, MI, how many homes are available?
There are currently 18 active home listings available in Newaygo.
What’s the average rental cost in Newaygo, MI?
The average rental price in Newaygo is $1,255.
What is the most expensive home in Newaygo?
The most expensive home sold in Newaygo had a price of $5,950,000.
What is currently the cheapest priced home in Newaygo, MI?
The cheapest home for sale in Newaygo is priced at $13,007.

Living in Newaygo, MI

Newaygo, MI, is a picturesque small town known for its natural beauty and warm community spirit. Nestled among lakes and forests, it provides recreational opportunities and a peaceful living environment. The area supports a family-friendly atmosphere with schools and local businesses thriving.

Current Market Conditions in Newaygo, MI

The real estate market in Newaygo has been showing signs of growth, with home values gradually increasing due to the high demand for houses in serene environments. Many buyers are seeking properties that offer a retreat from urban life, which is fueling sales and driving prices up.

In recent months, Newaygo's market has attracted interest from both local and out-of-state buyers, contributing to competitive bidding situations, particularly for homes near the water bodies which are highly sought after.

Home Value Estimator For Newaygo, MI

There are currently 6,023 real estate properties in Newaygo, MI, with a median automated valuation model (AVM) price of $252,692.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Newaygo, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Newaygo, MI, is $283,571.00, with the most expensive house in Newaygo, MI, topping out at $5,950,000.00 and the cheapest home in Newaygo, MI, clocking in at $13,007.00. In other words, there’s something for every potential homebuyer or savvy investor in Newaygo, MI!

Rent Prices In Newaygo, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newaygo, MI, is on a rollercoaster ride. The average rent price in Newaygo, MI, is $1,255.00. Indeed, when looking to rent in Newaygo, MI, you can expect to pay as little as $440.00 or as much as $2,580.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Newaygo, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Newaygo, MI Foreclosures


Market Trend for Newaygo, MI

Total Listings Available: 18

Market Values:

Home Prices from $13,007 to $5,950,000

Average Sales Price: $283,571

Rental Values:

Rental from $440 to $2,580

Average Rent Value: $1,255 / month

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