Newaygo Real Estate
31 active listings · 171 sold in the past 12mo
$324,900
Median List Price
171
Sold (past 12mo)
79
Avg Days on Market
+8.3%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(31)
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For Sale
1/76
$1,495,000
5109 E Manitou Way, Newaygo, MI 49337
4 bd3 ba3,299 sqft0.30 ac
Single Family
For Sale
1/178
$1,350,000
3008 E Upper Field Trail, Newaygo, MI 49337
3 bd3 ba2,272 sqft61 ac
Single Family
Under Contract
1/36
$929,000
5909 E 92nd Street, Newaygo, MI 49337
5 bd3 ba2,986 sqft0.91 ac
Single Family
Under Contract
1/55
$759,900
8006 S Potawatomi Court, Newaygo, MI 49337
3 bd3 ba2,555 sqft0.90 ac
Single Family
For Sale
1/50
$674,900
5904 E Division Street, Newaygo, MI 49337
4 bd4 ba3,778 sqft2.13 ac
Single Family
For Sale
1/40
$629,000
5550 Cozy Point Drive, Newaygo, MI 49337
3 bd3 ba1,550 sqft0.32 ac
Single Family
For Sale
1/33
$599,900
8995 Deer Point Drive, Newaygo, MI 49337
3 bd1 ba884 sqft0.43 ac
Single Family
For Sale
1/46
$590,000
120 State Street, Newaygo, MI 49337
8 bd5 ba3,500 sqft0.89 ac
Single Family
For Sale
1/47
$550,000
8861 S Big Buck Lane, Newaygo, MI 49337
5 bd2 ba2,890 sqft6.58 ac
Single Family
For Sale
1/61
$515,000
7842 Main Street, Newaygo, MI 49337
5 bd2 ba2,448 sqft0.85 ac
Single Family
For Sale
1/37
$460,000
5980 E Division Street, Newaygo, MI 49337
3 bd3 ba2,093 sqft1.37 ac
Single Family
For Sale
1/34
$419,900
5557 Front Street, Newaygo, MI 49337
4 bd2 ba1,964 sqft0.18 ac
Single Family
For Sale
1/31
$384,900
8752 Bills Lake Court, Newaygo, MI 49337
4 bd2 ba2,424 sqft1 ac
Single Family
For Sale
1/22
$375,000
4733 Chestnut Avenue, Newaygo, MI 49337
3 bd2 ba1,387 sqft2.94 ac
Single Family
For Sale
1/39
$350,000
7566 Main Street, Newaygo, MI 49337
3 bd2 ba1,200 sqft0.59 ac
Single Family
For Sale
1/57
$324,900
5705 Centerline Road, Newaygo, MI 49337
3 bd2 ba2,240 sqft0.34 ac
Mfg Home
For Sale
1/52
$319,900
4468 Teal Lane, Newaygo, MI 49337
3 bd2 ba1,300 sqft1.97 ac
Single Family
For Sale
1/61
$315,000
4457 S Croton Hardy Drive, Newaygo, MI 49337
4 bd1 ba1,212 sqft0.45 ac
Single Family
Under Contract
1/39
$310,000
7628 Main Street, Newaygo, MI 49337
3 bd3 ba2,586 sqft0.31 ac
Single Family
For Sale
1/20
$250,000
3696 S Locust Avenue, Newaygo, MI 49337
3 bd1 ba1,200 sqft3 ac
Single Family
For Sale
1/22
$239,900
202 S Clay Street, Newaygo, MI 49337
2 bd1 ba1,000 sqft0.47 ac
Single Family
For Sale
1/23
$229,000
217 John Street, Newaygo, MI 49337
3 bd3 ba2,302 sqft0.39 ac
Single Family
For Sale
1/5
$225,000
8478 Vista Drive, Newaygo, MI 49337
2 bd1 ba960 sqft0.15 ac
Single Family
For Sale
1/29
$219,900
7615 S Croton Hardy Drive, Newaygo, MI 49337
4 bd1 ba2,166 sqft0.19 ac
Mfg Home
Recently Sold(171)
Frequently Asked Questions about Newaygo
What is the current real estate inventory in Newaygo?
Buyers in Newaygo can choose from 31 active listings. The median asking price is $324,900.
What is the median home price in Newaygo?
Based on 171 sales in the past year, homes in Newaygo have a median price of $324,900.
How fast do homes sell in Newaygo?
Over the past year, homes in Newaygo spent an average of 79 days on market before selling.
What school districts serve Newaygo?
Newaygo is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Newaygo may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Newaygo a buyer's or seller's market?
With 2.2 months of inventory, Newaygo is currently a seller's market. This is based on 31 active listings and 171 sales in the past 12 months.
How much are property taxes in Newaygo?
Michigan property taxes in Newaygo are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Newaygo?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Newaygo is +8.3%. Shrinking household sizes (from 2.3 to 2.36 persons per household) have increased the number of households needing housing by 80 since 2009 — independent of the 11.1% population growth. This is a secondary demographic indicator, not a primary market measure.