48166, Newport, MI

The 48166 zip code of Newport, MI has a median home value of $158,000. This is higher than the statewide median home value of $144,000. The average home value in this zip code is also higher than the county median home value of $145,000. The percentage of homes in this zip code that are valued at over $200,000 is significantly higher than the statewide percentage of homes that are valued at over $200,000.

There are a number of factors that may contribute to the high home values in this zip code. Newport is located in one of Michigan's wealthiest counties and there is a high demand for housing due to its proximity to both Detroit and Lansing. Additionally, Newport has experienced relatively low levels of unemployment over the past few years which may have contributed to increased demand for housing.