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Affordable
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These days, finding an affordable place to live in the New Era area can be challenging. Home prices in New Era are now at a median cost of $183,028, higher than the West Virginia average of $177,366.
The average cost of rent is $752/mo in New Era, primarily driven by the current value of real estate in the New Era area. In New Era, 16.09% of households rent, and 75.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Era is $5,552 per month. Households that rent pay about 13.55% of their income on rent here. New Era’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sandyville, WV: equally priced homes
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- Silverton, WV: less expensive homes
- Sidneyville, WV: equally priced homes
- Wiseburg, WV: equally priced homes
Cities with Similar Populations
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- Hayward, SD: higher priced homes
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- Tellico Hills, TN: higher priced homes
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- Tensas Bluff, LA: less expensive homes
- Hayward, OK: higher priced homes
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