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Foreclosure Homes in Newaygo, MI 49337

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Newaygo, MI Foreclosures

How much do homes sell for in Newaygo, MI?
The average home price is currently $284,852.
In Newaygo, MI, how many homes are available?
There are currently 13 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 $5,134,978.
What is currently the cheapest priced home in Newaygo, MI?
The cheapest home for sale in Newaygo is priced at $13,092.

Living in Newaygo, MI

Newaygo is a charming small town located in Central Michigan, known for its stunning natural surroundings and friendly community atmosphere. The area offers a variety of outdoor recreational activities, including fishing, hiking, and camping, thanks to the nearby Manistee National Forest and the Muskegon River. Residents enjoy a peaceful lifestyle while having access to local amenities and events that bring the community together.

Current Market Conditions in Newaygo, MI

The real estate market in Newaygo is steadily improving, reflecting a growing interest in this scenic community. Home prices have generally seen an upward trend as more buyers are drawn in by the area's natural beauty and affordable cost of living. The current market has a healthy inventory of listings, providing various options for potential homeowners. There are also opportunities for investment due to the appealing tourist attractions surrounding the area.

With a combination of natural beauty and community spirit, Newaygo's market conditions are attracting both first-time buyers and seasoned investors. As demand rises, properties here tend to appreciate in value, making the market an alluring choice for those looking to invest in real estate.

Home Value Estimator For Newaygo, MI

There are currently 6,025 real estate properties in Newaygo, MI, with a median automated valuation model (AVM) price of $255,512.00. 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 $284,852.00, with the most expensive house in Newaygo, MI, topping out at $5,134,978.00 and the cheapest home in Newaygo, MI, clocking in at $13,092.00. 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 49337 Foreclosures


Market Trend for Newaygo, MI

Total Listings Available: 13

Market Values:

Home Prices from $13,092 to $5,134,978

Average Sales Price: $284,852

Rental Values:

Rental from $440 to $2,580

Average Rent Value: $1,255 / month

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