Market Summary

Newberry, Luce County, MI

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Median Home Price Price

$104,739 $104.7K

Median Monthly Rent Rent

$753 $753

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Luce County

Region Price Rent GRM Display
McMillan
$158,769 $935 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Luce County

Region Price Rent GRM Display
Ontonagon, Ontonagon County, MI
$115,157 $623 15.0x
Croswell, Sanilac County, MI
$194,677 $792 21.0x
Copemish, Manistee County, MI
$217,675 $1,397 13.0x
Port Hope, Huron County, MI
$187,407 $764 20.0x
Atlanta, Montmorency County, MI
$151,876 $809 16.0x
Trout Creek, Houghton County, MI
$128,685 $744 14.0x
Wheeler, Gratiot County, MI
$180,439 $962 16.0x
Cassopolis, Cass County, MI
$242,434 $985 20.0x
Reed City, Osceola County, MI
$181,486 $923 16.0x
Lewiston, Oscoda County, MI
$184,220 $966 16.0x
Wellston, Manistee County, MI
$156,662 $956 14.0x
Sears, Osceola County, MI
$178,133 $1,229 12.0x
Hillman, Montmorency County, MI
$178,483 $719 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
Latta, Dillon County, SC
$124,806 $741 14.0x
Marion, Perry County, AL
$130,837 $713 15.0x
Central City, Marion County, IL
$62,847 $829 6.0x
Chester, Howard County, IA
$178,889 $691 21.0x
Browns Valley, Traverse County, MN
$123,255 $719 14.0x
Hamden, Vinton County, OH
$126,880 $798 13.0x
Rule, Haskell County, TX
$70,925 $1,237 5.0x
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$168,667 $682 21.0x
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$106,523 $1,454 6.0x
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$113,804 $546 17.0x
Readstown, Vernon County, WI
$175,770 $833 17.0x
Tenstrike, Beltrami County, MN
$248,408 $628 33.0x
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$74,752 $828 8.0x
Glenwood, Wheeler County, GA
$148,823 $774 16.0x
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$208,587 $698 25.0x
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$69,115 $684 8.0x
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$158,811 $894 15.0x
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$61,333 $661 8.0x
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Johannesburg, San Bernardino County, CA
$82,740 $1,766 4.0x
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$148,233 $488 25.0x
Wolf Point, Roosevelt County, MT
$127,169 $846 12.0x
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Borger, Hutchinson County, TX
$105,825 $1,046 8.0x
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$130,380 $678 16.0x
Thornton, Letcher County, KY
$75,074 $790 8.0x
Brownfield, Terry County, TX
$123,676 $924 11.0x
Greeleyville, Williamsburg County, SC
$118,778 $1,088 9.0x
Austin, Potter County, PA
$104,122 $917 9.0x
Clearfield, Ringgold County, IA
$122,749 $788 13.0x
Rusk, Cherokee County, TX
$217,748 $1,202 15.0x
Trinity, Trinity County, TX
$172,245 $1,006 14.0x
Greensboro, Hale County, AL
$132,435 $761 14.0x
Brooksville, Bracken County, KY
$189,400 $944 17.0x

Home prices

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Monthly rent

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GRM

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Newberry

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Trend Insights

Median Rent in Newberry, MI is $753, with MoM change +$5 and YoY change +$50 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Newberry, MI.

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Metric
Base market Newberry, MI
Compare market Select a market
Delta vs base
Median rent
$753
N/A
—
Median price
$104,739
N/A
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YoY change
+$50
N/A
—
Price-to-rent
11.6x
Data unavailable
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