49868
Newberry, Michigan.
Newberry, Luce County, MI · population 4,964
to buy the typical home at today's mortgage rate — +$295 (+87%) since Jan 2020.
- 1 year
- Up $7,317 +6%
- $113,764$121,081 since Sep 2025
- 5 years
- Up $6,661 +6%
- $114,420$121,081 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 49868$636
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 61 years.
Typical home values in zip 49868 rose 6.4% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Newberry, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 49868
Mid-tier homes, smoothed and seasonally adjusted.
- 49868$121,081
- United States$366,157
Within 20 miles
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.