Is Newport, MI 48166 a buyer’s or seller’s market?

The Newport housing market right now

In the three months ending August 31, 2026, 34% of homes in Newport, MI 48166 sold above their list price, the typical home went under contract in 24 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 36 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (36% then), homes sold about as fast and the median sale price rose 8% to $319,862. Overall, Newport is about as competitive as it was a year ago.

Within Monroe County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in 53%. On our competition score, Newport ranks #148 of 510 MI ZIP codes with enough sales (score 75 out of 100).

Nearby, buyers who want less competition could look at Luna Pier 48157 (0% sold over asking) or La Salle 48145 (13% sold over asking), while Ida 48140 (60% sold over asking) and Ottawa Lake 49267 (60% sold over asking) are even more competitive.