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Newberry village, MI

ZIP 49868 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 49868

Median Home Value
$98,400
Median Rent
$570
Affordability Snapshot
$27,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$632/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 49868 in Newberry village, MI, a household would need roughly $27,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $632. That sits below the local median household income ($53,651), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 37% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
75.8%+16% vs US avg
x
Vacancy Rate
37.2%+261% vs US avg
x
Broadband Access
85.8%-1% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
4.1%-68% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
25.2%-49% vs US avg
x
Mortgage-Free
54.1%+42% vs US avg
x
$98,400
Home Value
$570
Rent
1975
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached82.3%
  • 1-unit attached0.6%
  • 2-9 units1.9%
  • 10+ units3.6%
  • Mobile home & other11.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$98,400
Median rent$570
Owner-occupied75.8%
Vacant37.2%
Price-to-income1.8x
Est. income to buy$27,000