Is Newaygo, MI 49337 a buyer’s or seller’s market?

The Newaygo housing market right now

In the three months ending August 31, 2026, 29% of homes in Newaygo, MI 49337 sold above their list price, the typical home went under contract in 20 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 43 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold faster (32 days then) and the median sale price fell 5% to $274,631. Overall, Newaygo is more competitive than a year ago, so tougher for buyers.

Within Newaygo County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Newaygo ranks #335 of 510 MI ZIP codes with enough sales (score 53 out of 100).

Nearby, buyers who want less competition could look at Paris 49338 (0% sold over asking) or Brohman 49312 (0% sold over asking), while Bitely 49309 (44% sold over asking) is even more competitive.