Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Bern area can be challenging. Home prices in New Bern are now at a median cost of $173,514, lower than the North Carolina average of $226,477.
The average cost of rent is $1,034/mo in New Bern, primarily driven by the current value of real estate in the New Bern area. While nearly 39.99% of residents own their homes outright in New Bern, 35.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Bern is $5,101 per month. Households that rent pay about 20.27% of their income on rent here. New Bern's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Trent Woods, NC: higher priced homes
- James City, NC: higher priced homes
- Bridgeton, NC: less expensive homes
- Fairfield Harbour, NC: higher priced homes
- Forest, NC: less expensive homes
- Thurman, NC: higher priced homes
- River Bend, NC: equally priced homes
- Rowes Corner, NC: less expensive homes
- Olympia, NC: less expensive homes
- Reelsboro, NC: less expensive homes
Cities with Similar Populations
- Rockwall, TX: higher priced homes
- Asheboro, NC: less expensive homes
- Middleburg, FL: equally priced homes
- Minnetonka, MN: higher priced homes
- Monroe, MI: less expensive homes
- Morgan Hill, CA: higher priced homes
- New Castle, DE: higher priced homes
- New Iberia, LA: less expensive homes
- Normal, IL: equally priced homes
- Olive Branch, MS: higher priced homes
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