Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Colony area can be challenging. Home prices in New Colony are now at a median cost of $102,400, lower than the Texas average of $235,268.
The average cost of rent is $558/mo in New Colony, primarily driven by the current value of real estate in the New Colony area. While nearly 80.59% of residents own their homes outright in New Colony, 15.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Colony is $4,310 per month. Households that rent pay about 12.95% of their income on rent here. New Colony's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Linden, TX: equally priced homes
- Bethsaida, TX: higher priced homes
- O'Farrell, TX: higher priced homes
- Kildare, TX: less expensive homes
- Lanier, TX: less expensive homes
- Douglassville, TX: equally priced homes
- Atlanta, TX: higher priced homes
- Pruett, TX: less expensive homes
- Huffines, TX: less expensive homes
- Kildare Junction, TX: less expensive homes
Cities with Similar Populations
- Vandervoort, AR: equally priced homes
- Dawkins, SC: higher priced homes
- Dawson Crossroads, NC: less expensive homes
- Debs, MN: higher priced homes
- Delong, WV: higher priced homes
- Dema, KY: less expensive homes
- Denmark, OH: higher priced homes
- Desha, VA: higher priced homes
- Deskins, VA: less expensive homes
- Dillsboro, NC: higher priced homes
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