The story of this market
The typical home in ZIP 49337 sells for about $249,900.
Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $745 a month.
ZIP 49337 — Newaygo
The housing market in 49337 is characterized by a median listing price of $249,900 and a relatively slow pace of sales with an average of 57 days on market. The area is highly affordable compared to national averages, though it lacks significant urban amenities and is heavily reliant on personal vehicle transportation. Current data indicates a stable but quiet market environment with limited inventory and low rental pressure.
This ZIP is best suited for those seeking a quiet, car-dependent, rural-leaning lifestyle, including families and individuals who prioritize affordability over proximity to urban amenities.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 57 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 13.2% — a stable, low-distress profile.
ZCTA 49337
The area is served by a limited number of primary and high schools, which can require long travel times for students.
The local economy is primarily driven by manufacturing, healthcare, and retail trade sectors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
The area is highly car-dependent with 93.3% of residents commuting by driving; access to major arteries is considered excellent.
The area offers a quiet, slower-paced atmosphere with limited access to shopping, dining, and grocery options within a short drive.
The rental market is characterized by lower-than-average rents compared to national figures, with a significant portion of the housing stock consisting of single-family detached homes and mobile homes.
The local economy is anchored by manufacturing, healthcare, and retail trade industries.
Data retrieved from US5.com and Census Bureau profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.