Newaygo
Surrounded by nature
7 homes for sale·Median $292K·Walkability 2.6/10·Schools 4.7/10
If you're heading to Newaygo, know this: you're going for the water and the trails, not for much else. The city sits at the edge of Hardy Pond, a 6-mile stretch of the Muskegon River dammed up in 1931, and it's ringed by the 538,000-acre Manistee National Forest—so your first morning will be spent figuring out whether you're fishing for walleye and pike or hiking Michigan's Dragon, the 45-mile natural surface trail that loops the pond's 20-foot embankments. The downtown is small and walkable; groceries, coffee, and restaurants are all within steps, which matters when you're a few hours from anything bigger. Newaygo State Park sits right here with nearly a hundred rustic campsites and an 18-hole disc golf course if you want structure, though most people come for the unstructured kind of outdoor time—the kind where you lose track of hours. Homes run around $272K, and the cost of living sits below the national average, which means your money goes further whether you're buying or just spending a season here. The Hardy Dam itself, with its Spanish Colonial arches built nearly a century ago, earned a spot on the National Register of Historic Places and still generates power for the Lower Peninsula—a working landmark that's also genuinely beautiful, the kind of thing that makes you realize old infrastructure doesn't have to be invisible. What you're really buying into is proximity: to water that holds fish, to forest that's dense enough to disappear into, to a rhythm that's slower than the suburban sprawl an hour east.
Why people love it here
Near the water
- Brooks Lake — 1.4 mi
- 35 parks within 1 mile
- Brooks Park: 7 min bike
- Riverside Park: 9 min bike
$42K median household income
- $292K median · 22 sales in last 12mo
Notable nearby
Conventional Mortgage Calculator
Median home price in Newaygo
Estimated Monthly Payment
$1,979/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
22 homes sold in Newaygo this year. Thinking of selling?
See what your home is worthFlood Risk
None
Not in flood zone
Nearest Park
Marshall Mermorial Park
0.4 mi
Parks Nearby
35
within 1 mile
Nearest Lake
Brooks Lake
1.4 mi
Based on 3 rated schools nearby
Range: 4/10 to 5/10
School District: Newaygo Public School District
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Save-A-Lot
Little Caesars
+1 more
Riverstop Cafe
Sportsman's Bar
Brooks Park
+1 more
Playground in Village Of Newaygo
John Ford Lake
+1 more
Beach in Olds Manor Area
Catherdral Pines Loop
Unnamed bike_path
Newaygo Area District Library
In 2024, the most common reported offenses in Newaygo were larceny / theft (1,872 per 100,000 residents) and aggravated assault (390 per 100,000 residents), per FBI Uniform Crime Reporting — with a comparison to similar-size Michigan cities below.
No homicides were reported in 2024.
| Offense type | Per 100k residents |
|---|---|
| Larceny / theft | 1,872 |
| Aggravated assault | 390 |
| Burglary | 117 |
| Motor-vehicle theft | 117 |
| Homicide | 0 |
| Rape | 0 |
| Robbery | 0 |
| Arson | 0 |
How Newaygo compares to similar-size Michigan cities
| City | Population | Violent /100k | Property /100k |
|---|---|---|---|
| Newaygo | 2,564 | 390 | 2,106 |
| Reed City | 2,532 | 474 | 1,659 |
| Montague | 2,417 | 0 | 414 |
| Saugatuck-Douglas | 2,301 | 0 | 435 |
| Shelby | 2,177 | 46 | 413 |
Reported offenses per 100,000 residents, Newaygo Police Department, FBI Uniform Crime Reporting (2024). Comparison cities are the nearest in population, ordered by size — not ranked by crime. Crime is reported at the jurisdiction level and varies block to block within any community.
To buy a median-priced Newaygo home (around $291,500) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $47k/year in household income to qualify — an estimated monthly payment of $1,746 (principal, interest, property tax, and insurance).
The typical Newaygo household earns $41,934 — about $4,632 below what the median home requires, which is why many local buyers look below $291,500 or put more down. At that income, a buyer can afford roughly $259,000 with 20% down.
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,746/mo | $46,566 |
| 10% (+PMI) | $2,040/mo | $54,389 |
| 5% (+PMI) | $2,138/mo | $57,005 |
Estimates use a 6.49% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price and median property taxes, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$899/yr in electricity from a typical rooftop solar system
Produces ~6,289 kWh/yr · offsets ~60% of a typical home's use
Most in-city residents supplied from city ground wells; monthly billing.
Consumers Energy Co|Great Lakes Energy Coop · ~14.3¢/kWh
Regional IOU.
Confirm by addressSource: newaygo.gov
Utility, solar, and service details for Newaygo are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
Median Income
$42K
Home Value (Census)
$103K
🛒 Grocery(2)
Leppinks Food Centers
Grocery Store
Grocery Store
🍕 Restaurants(6)
Fast Food
Fast Food
Fast Food
Fast Food
City Limits Resturaunt
Restaurant
+1 more within 5 miles
🍺 Bars(3)
🏫 Schools(8)
School
School
Garfield Center School
Salem School
+3 more within 5 miles
🌳 Parks(6)
+3 more within 5 miles
🚴 Trails(4)
Bike Path
Bike Path
Unnamed bike_path
Bike Path
Cycleway from Linden Ave to Mason Dr
Bike Path
+1 more within 5 miles
📚 Libraries(1)
Newaygo Area District Library
Frequently asked about Newaygo
- What do homes cost in Newaygo?
- The median home value in Newaygo is about $291,500. Individual prices vary by street, size, and condition.
- How active is the Newaygo housing market?
- there are 7 homes for sale in Newaygo right now, and 22 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Newaygo?
- Newaygo is served by Newaygo Public School District. Its highest-rated assigned school is Newaygo Elementary School (5/10).
- Is Newaygo walkable?
- Newaygo scores 2.6/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
