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These days, finding an affordable place to live in the New Fairfield area can be challenging. Home prices in New Fairfield are now at a median cost of $272,889, higher than the Indiana average of $232,932.
The average cost of rent is $835/mo in New Fairfield, primarily driven by the current value of real estate in the New Fairfield area. In New Fairfield, 2.76% of households rent, and 36.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Fairfield is $10,098 per month. Households that rent pay about 8.27% of their income on rent here. New Fairfield’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Whitcomb, IN: equally priced homes
- Brookville, IN: equally priced homes
- Old Bath, IN: equally priced homes
- Metamora, IN: equally priced homes
- Oak Forest, IN: higher priced homes
- Dunlapsville, IN: less expensive homes
- Everton, IN: less expensive homes
- Mount Carmel, IN: less expensive homes
- Bath, IN: equally priced homes
- Roseburg, IN: less expensive homes
Cities with Similar Populations
- Casanova, VA: higher priced homes
- Cooperstown, KY: less expensive homes
- Conroy, IA: less expensive homes
- Conger, MN: less expensive homes
- Clementsville, KY: less expensive homes
- Clarksburg, KY: less expensive homes
- Claremont, VA: higher priced homes
- Clare, IL: equally priced homes
- Chelsea, IA: less expensive homes
- Centerville, MO: less expensive homes
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