Newport, MI—48166
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newport, MI
As of Oct '25, the median home price in Newport, MI is $202,000, with a year-over-year change of 0.4%. This indicates that home prices in Newport, MI are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $202,000 | 0.4% |
| Single Family | $189,000 | -2.1% |
| Condos | $304,000 | 9.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $156,000 | 6.1% |
3 Bed | $269,000 | 6.7% |
4 Bed | $348,000 | 4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Newport, MI
As of July '25, Rentcast reports the average rent in Newport, MI is $1,710, with a year-over-year rent change of 64.4%. Per bedroom, the median rent as of July '25 in Newport, MI is 1-bedrooms: $950, 3-bedrooms: $2,090. The most common rental property sizes in Newport, MI are 2-bedroom and 3-bedroom, accounting for 56.5% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,620 | $1,710 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $950 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,620 | $2,090 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Newport, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Newport, MI is 39. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $466,000 | 11.0% |
Listing Count | 39 | 25.0% |
| Listings as % of Homes | 0.2% | 25.0% |
Days on Market | 39 | 15.0% |
Demographics — Newport, MI
As of the latest ACS Survey released in 2023, Newport, MI has a population of 13,700, which has increased by 20.4% over the past 5 years. Newport, MI is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,700 | 20.4% |
% Under 18 | 24.4% | -2.0% |
% Seniors | 11.1% | -0.9% |
% WFH | 3.9% | 200.0% |
% w/ College Degree | 18.9% | 9.9% |
As of the latest ACS Survey released in 2023, Newport, MI is a predominantly white area, with 87.6% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Newport, MI is hispanic, making up 5.9% of the population. Foreign-born residents account for 5.2% of the population in Newport, MI, and this percentage has increased by 160.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.6% | -1.4% |
% Black | 1.9% | -45.7% |
% Hispanic | 5.9% | 11.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.2% | 160.0% |
Mortgage and Risk — Newport, MI
According to HUD data as of 2023, there were 250 mortgage originations in Newport, MI, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Newport, MI. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 250 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Newport, MI
Newport, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $950 | $1,070 |
| 2 Bedroom | N/A | N/A | $1,410 |
| 3 Bedroom | $130 | $1,620 | $1,750 |
| 4 Bedroom | N/A | N/A | $2,240 |
Affordability — Newport, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $202,000 |
| Median Household Income | $70,900 |