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Newberry, MI Foreclosures

How much do homes sell for in Newberry, MI?
The average home price is currently $134,682.
In Newberry, MI, how many homes are available?
There are currently 2 active home listings available in Newberry.
What’s the average rental cost in Newberry, MI?
The average rental price in Newberry is $1,227.
What is the most expensive home in Newberry?
The most expensive home sold in Newberry had a price of $1,555,789.
What is currently the cheapest priced home in Newberry, MI?
The cheapest home for sale in Newberry is priced at $14,400.

Living in Newberry, MI

Newberry, MI is a serene village nestled in the Upper Peninsula, surrounded by lush forests and pristine lakes. Known for its recreational opportunities, it offers a variety of outdoor activities and a welcoming community atmosphere. This small town is perfect for those seeking a peaceful lifestyle away from urban chaos.

Current Market Conditions in Newberry, MI

The current real estate market in Newberry is showing a steady appreciation in property values, largely due to the area's increasing popularity among retirees and outdoor enthusiasts. As more people seek refuge in nature-rich areas, homes in Newberry are becoming more sought after, sustaining demand even in off-peak seasons.

There is a growing trend of seasonal properties being converted into full-time residences, indicating a shift in lifestyle preferences among buyers. Investors and first-time buyers are increasingly exploring opportunities in Newberry, recognizing the value of the area's natural beauty and tranquility.

Home Value Estimator For Newberry, MI

There are currently 2,697 real estate properties in Newberry, MI, with a median automated valuation model (AVM) price of $108,591.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Newberry, 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 Newberry, MI, is $134,682.00, with the most expensive house in Newberry, MI, topping out at $1,555,789.00 and the cheapest home in Newberry, MI, clocking in at $14,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Newberry, MI!

Rent Prices In Newberry, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newberry, MI, is on a rollercoaster ride. The average rent price in Newberry, MI, is $1,227.00. Indeed, when looking to rent in Newberry, MI, you can expect to pay as little as $610.00 or as much as $1,980.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Newberry, 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.

Newberry, MI Search Results


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