New Highlands, Rapid City, MI
New Highlands — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for New Highlands, Rapid City, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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New Highlands Neighborhood Overview
New Highlands is a residential neighborhood located in Rapid City, Michigan, within the scenic Grand Traverse County region. The area offers a quiet, community-focused atmosphere with convenient access to the natural beauty and recreational opportunities of Northern Michigan. Its coordinates are approximately 44.8449 latitude and -85.2943 longitude, placing it near the shores of Grand Traverse Bay.
Lifestyle & Amenities
Residents enjoy a lifestyle balanced between peaceful suburban living and outdoor adventure, with proximity to trails, forests, and waterways. While specific local retail and dining amenities within the immediate neighborhood are limited, the broader Rapid City and Traverse City areas provide a wide range of shopping, dining, and cultural options just a short drive away.
Real Estate Market
The real estate market in New Highlands features primarily single-family homes. The median home value in the area is $225,700, according to U.S. Census Bureau ACS 5-Year Estimates (2022). This represents a stable and accessible price point for the region, attracting families and individuals looking for a foothold in the Grand Traverse area.
Schools & Education
New Highlands is served by the Elk Rapids Schools district, which is generally well-regarded in the region. Families have access to a range of public educational institutions from elementary through high school. For specific school ratings and program details, prospective residents should consult the district directly or current state report cards.
Transportation & Connectivity
The neighborhood is primarily accessible by car, with major routes like US-31 and M-72 providing connections to Traverse City, Charlevoix, and beyond. Public transportation options are limited, making personal vehicles essential for most daily commuting, shopping, and accessing regional employment centers.
Why Choose New Highlands
New Highlands is an ideal choice for those seeking an affordable entry into the Grand Traverse lifestyle, with a median household income of $64,481, according to U.S. Census Bureau ACS 5-Year Estimates (2022). It offers a quiet residential setting while keeping the renowned recreational activities, vineyards, and vibrant downtown of Traverse City within a reasonable commute.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
New Highlands Market Data
| Metric | Value |
|---|---|
| Median Home Price | $226K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $64K |
| Homeownership Rate | 91.7% |
| Renter-Occupied | 8.3% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 49676 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in New Highlands, Rapid City
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for New Highlands, Rapid City, MI. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12