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NEWBERRY, MI 49868

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NEWBERRY, MI real estate market (49868) currently shows 20 active listings, with 4 pending sales. Homes are averaging 114 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 114 days on market compared to 134 days last year.

The median listing price has risen 6.9% year-over-year, from $159,000 to $170,000.

Whether you are buying or selling in NEWBERRY, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,401  ·  Density: 2.4/mi²  ·  Median household income: $49,223

Typical home value: $97,405  ·  Homeownership: 79.3%

Market Overview

Active Listings
20
⇧ 5.3% vs 19 last year
Pending
4
20% pending ratio
Median Price
$170,000
⇧ 6.9% vs $159,000 last year
Average Price
$227,544
⇧ 5.6% vs $215,553 last year
Days on Market
114
⇩ 14.9% vs 134 days last year

Price Per Square Foot

Median $/sqft
$118
⇩ 14.5% vs $138/sqft last year
Median Home Size
1,509 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 19 last year
  • Days on market: 114 now vs 134 last year

Median & Average Pricing

Year over Year
  • Median: $170,000 (+6.9% YoY)
  • Average: $227,544 (+5.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 59.9 miles — 82 listings ($30,633,373 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49868Newberry, MI 498680.0 mi18$4,520,844$185,000$251,158
49748Hulbert, MI 4974817.5 mi3$261,525$87,175$87,175
49827Engadine, MI 4982722.0 mi3$1,027,350$342,450$342,450
49883Seney, MI 4988325.4 mi1$174,000$174,000$174,000
49762Naubinway, MI 4976228.0 mi3$487,350$162,450$162,450
49839Grand Marais, MI 4983929.9 mi13$7,233,902$382,000$556,454
49840Gulliver, MI 4984036.2 mi2$758,000$379,000$379,000
49884Shingleton, MI 4988440.8 mi4$1,997,800$499,450$499,450
49780Rudyard, MI 4978043.9 mi5$850,000$203,750$170,000
49781Saint Ignace, MI 4978151.2 mi8$3,036,640$375,000$379,580
49752Kinross, MI 4975252.1 mi2$850,000$425,000$425,000
49745Hessel, MI 4974556.3 mi9$5,775,624$462,250$641,736
49895Wetmore, MI 4989559.9 mi11$3,660,338$297,125$332,758

Frequently Asked Questions

How many homes are for sale in NEWBERRY, MI 49868?

As of March 2026, there are 20 active listings in NEWBERRY, MI (zip code 49868), compared to 19 the prior year.

What is the median home price in NEWBERRY, MI 49868?

The median listing price in NEWBERRY, MI 49868 is $170,000 as of March 2026, a 6.9% increase from $159,000 the prior year.

How long do homes stay on the market in NEWBERRY, MI?

Homes in NEWBERRY, MI 49868 spend an average of 114 days on the market before going under contract, compared to 134 days the prior year.

Is it a seller's or buyer's market in NEWBERRY, MI 49868?

Based on current inventory and days-on-market data as of March 2026, NEWBERRY, MI 49868 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 114 days on market compared to 134 days last year.

How much can I save on real estate commission in NEWBERRY, MI?

With SELL123.com's maximum 3% commission, sellers in NEWBERRY, MI 49868 save an estimated $3,400 compared to a typical 5% commission on the median listing price of $170,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.