Housing in Newkirk

A typical Newkirk home is worth roughly $111,000

Typical home value

$111K

MI $266K

Estimate

2-bedroom rent

$1,060

a month, utilities in · HUD

Median tax bill

$1,649

MI $2,904

What kind of housing town is Newkirk?

Read from the numbers below. The page puts what stands out first.

Your money goes further58% below the Michigan typical home.A second-home town51% of homes are seasonal or vacation homes.

★ What stands out · Affordability

A typical home costs 2 years of income

Less than across Michigan (3.7 years). Try your own numbers below.

You could afford about

$201,000

Typical Newkirk home $111K

That covers a typical Newkirk home, with $91K to spare.

The typical home, each month

$720

Loan $550Tax $140Insurance $30

A two-bedroom rents for about $1,060 a month here, $340 more than owning.

Where your budget reaches nearby

Ellsworth$131K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Newkirk’s typical property tax (1.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

68% of Newkirk households own their home

Half of Newkirk’s homes were built before 1974.

Owners and renters

Own 68%Rent 32%

Michigan: 73% own.

1974

typical home built · MI 1972

$1,649

median property tax bill · MI $2,904

1.49%

of a home’s value, a year in tax · MI 1.25%

51%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,060

Renters already here pay a median of $887, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$760

1 bedroom$810

2 bedrooms$1,060

3 bedrooms$1,440

4 bedrooms$1,740

32%

of households rent · MI 27%

renter households

$887

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lake County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Newkirk vs. its neighbors

The towns that share a border with Newkirk. Tap one to see its housing page.

Ellsworth$131K Newkirk$111K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Newkirk	$111K*	—	$1,060	$56,268
Ellsworth	$131K*	—	$1,070	$53,333
Peacock	—	−6%†	$990	$52,679
Eden	—	−15.7%†	$970	$58,750

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Newkirk buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Newkirk still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.