Home prices
The median home value in Newberry is $49,400. Compared to the surrounding areas this is roughly $125,520 (71%) lower.It is about $168,100 (77%) lower compared to the United States as a whole, and it is about $43,100 (46%) lower in comparison to the city of Sault Ste. Marie.
Rents
Newberry's median rent is $695 a month. Compared to its surrounding areas it is about $56 (8%) higher.In comparison to the US as a whole it is about $367 (34%) lower, and in comparison to the city of Sault Ste. Marie it is is very similar.
Nearby places
St. James
St. James is approximately 37 miles south from Newberry. The housing prices there are substantially more expensive. The median home in St. James is valued at $227,800, which comes out to $178,400 (78%) higher than Newberry. Its rents are a bit more expensive. St. James's median rent is $817 per month, which comes out to $122 (14%) higher than Newberry.
Manistique
Manistique is about 38 miles southwest from Newberry. Real estate prices there are a little more expensive. The median home in Manistique costs $61,000, which comes out to $11,600 (19%) higher than Newberry. The rent there is a little less expensive. Manistique's median rent is $564 per month, which is $131 (23%) lower than Newberry.
St. Ignace
St. Ignace is roughly 43 miles southeast from Newberry. Real estate prices there are a lot more expensive. The cost of the median home in St. Ignace is $113,300, which comes out to $63,900 (56%) higher than Newberry. Rents there are a bit less expensive. The median monthly rent in St. Ignace is $605, which comes out to $90 (14%) lower than Newberry.
Munising
Munising is roughly 45 miles west of Newberry. Its housing prices are significantly more expensive. The median home in Munising is valued at $99,200, which comes out to $49,800 (50%) higher than Newberry. Rent there is a bit less expensive. The median monthly rent in Munising is $612, which comes out to $83 (13%) lower than Newberry.
Mackinac Island
Mackinac Island is approximately 46 miles southeast from Newberry. Real estate prices there are significantly more expensive. The median home price in Mackinac Island is $373,300, which is $323,900 (86%) higher than Newberry. Rents there are a little less expensive. Mackinac Island's median monthly rent is $595, which comes out to $100 (16%) lower than Newberry.
