Newport, MI 48166 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Newport, MI—48166

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$198,000

0.2% YoY Growth

Household Income

$70,900

14.3% YoY Growth

Days on Market

10.0% Shorter YoY

Home Price Forecast

2.0%

Median Rent

$1,620

64.4% YoY Growth

1-Bed Rent

$950

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,620

90.0% YoY Growth

Home Price Trends — Newport, MI

As of Nov '25, the median home price in Newport, MI is $198,000, with a year-over-year change of -0.2%. This indicates that home prices in Newport, MI are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$198,000	-0.2%
Single Family	$185,000	-2.1%
Condos	$305,000	10.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

1.7%

2 Bedrooms

56.5%

3 Bedrooms

31.8%

4 Bedrooms

10.0%

5+ Bedrooms

0.1%

Property Listings — Newport, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Newport, MI is 31. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$480,000	7.0%
Listing Count	42	8.0%
Listings as % of Homes	0.2%	8.0%
Days on Market	31	-10.0%

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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%

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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%

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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%

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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

Newport, MI—48166

Key Metrics at a Glance

Home Price Trends — Newport, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Newport, MI

% of Rental Stock

Property Listings — Newport, MI

Demographics — Newport, MI

Race and Ethnicity

Mortgage and Risk — Newport, MI

Mortgages

Rentals and Section 8 — Newport, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Newport, MI

Home Price to Income Ratio

Newport, MI — ZIP Code Boundary Map

Nearby ZIP Codes

South Rockwood, MI

Brownstown, MI

Flat Rock, MI

Carleton, MI

Monroe, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$198,000
Median Household Income	$70,900

Newport, MI—48166

Key Metrics at a Glance

Home Price Trends — Newport, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Newport, MI

% of Rental Stock

Property Listings — Newport, MI

Demographics — Newport, MI

Race and Ethnicity

Mortgage and Risk — Newport, MI

Mortgages

Rentals and Section 8 — Newport, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Newport, MI

Home Price to Income Ratio

Newport, MI — ZIP Code Boundary Map

Nearby ZIP Codes

South Rockwood, MI

Brownstown, MI

Flat Rock, MI

Carleton, MI

Monroe, MI

Frequently Asked Questions

What is the average home price in Newport, MI 48166?

How have home prices in Newport, MI 48166 changed over the past year?

What is the home price projection for Newport, MI 48166?

What are the demographics of Newport, MI 48166?

How long does it take homes to sell in Newport, MI 48166?

What is the average rent price in Newport, MI 48166?