Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Elm Springs Colony area can be challenging. Home prices in New Elm Springs Colony are now at a median cost of $175,716, lower than the South Dakota average of $199,518.
The average cost of rent is $674/mo in New Elm Springs Colony, primarily driven by the current value of real estate in the New Elm Springs Colony area. While nearly 52.42% of residents own their homes outright in New Elm Springs Colony, 20.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Elm Springs Colony is $6,094 per month. Households that rent pay about 11.05% of their income on rent here. New Elm Springs Colony's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Milltown, SD: higher priced homes
- Rockport Colony, SD: less expensive homes
- Emery, SD: less expensive homes
- Dimock, SD: higher priced homes
- Alexandria, SD: less expensive homes
- Ethan, SD: higher priced homes
- Tschetter Colony, SD: higher priced homes
- Parkston, SD: less expensive homes
- Kaylor, SD: higher priced homes
- Bridgewater, SD: less expensive homes
Cities with Similar Populations
- Comanche Creek, CO: higher priced homes
- Clay, PA: higher priced homes
- Clements, MN: less expensive homes
- Clinchfield, GA: less expensive homes
- Cloutierville, LA: equally priced homes
- Cochiti Lake, NM: equally priced homes
- Colby, OH: less expensive homes
- Colfax, ND: higher priced homes
- Colmar, KY: less expensive homes
- Colp, IL: less expensive homes
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