Newberry Real Estate
4 active listings · 3 sold in the past 12mo
$159,450
Median List Price
3
Sold (past 12mo)
41
Avg Days on Market
-12.7%
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
Loading map…
Market Dashboard
Homes for Sale(4)
View all with filters →
For Sale
1/57
$350,000
30410 Co Rd 407 Road, Newberry, MI 49868
3 bd2 ba4.50 ac
Single Family
For Sale
1/28
$179,000
21821 Krenkel, Newberry, MI 49868
1 bd1 ba640 sqft80 ac
Single Family
For Sale
1/42
$139,900
518 W Avenue C, Newberry, MI 49868
3 bd2 ba0.19 ac
Single Family
For Sale
1/49
$139,900
518 W Avenue C, Newberry, MI 49868
3 bd2 ba0.19 ac
Single Family
Recently Sold(3)
| Address | Sold Price | Date Sold |
|---|---|---|
| 18031 State Highway M28, Newberry, MI 49868 | $600,000 | Feb 26, 2026 |
| 311 W Harrie Street, Newberry, MI 49868 | $213,000 | Dec 17, 2025 |
| 10264 State Highway M123, Newberry, MI 49868 | $130,000 | Jul 29, 2025 |
Frequently Asked Questions about Newberry
What is the current real estate inventory in Newberry?
There are currently 4 active listings in Newberry. The median asking price is $159,450.
What is the median home price in Newberry?
Homes in Newberry sell for a median of $159,450, drawn from 3 transactions over the past year.
How fast do homes sell in Newberry?
The average days on market in Newberry is 41, based on 3 recent transactions.
What school districts serve Newberry?
Newberry 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 Newberry may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Newberry a buyer's or seller's market?
With 16.0 months of inventory, Newberry is currently a buyer's market. This is based on 4 active listings and 3 sales in the past 12 months.
How much are property taxes in Newberry?
Michigan property taxes in Newberry 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 Newberry?
Per U.S. Census ACS data, Newberry has a -12.7% Household Formation Gap over the past 15 years, indicating softening demographic demand. Population declined 6.6%, outpacing the effect of shrinking household sizes (2 to 2.14). HFG is a secondary market indicator — local conditions and other factors also influence housing demand.