Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Germany area can be challenging. Home prices in New Germany are now at a median cost of $198,842, lower than the Maryland average of $357,815.
The average cost of rent is $1,110/mo in New Germany, primarily driven by the current value of real estate in the New Germany area. While nearly 49.81% of residents own their homes outright in New Germany, 14.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Germany is $6,676 per month. Households that rent pay about 16.62% of their income on rent here. New Germany's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Jennings, MD: equally priced homes
- Grantsville, MD: less expensive homes
- Moscow, MD: less expensive homes
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- Nikep, MD: less expensive homes
- Lonaconing, MD: less expensive homes
- Dogwood Flats, MD: less expensive homes
- Barton, MD: less expensive homes
- Carlos, MD: less expensive homes
- North Glade, MD: higher priced homes
Cities with Similar Populations
- Spencer, ID: less expensive homes
- Hartland, ND: less expensive homes
- Hartzell, MO: less expensive homes
- Harvard, NY: less expensive homes
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- Hazel, VA: less expensive homes
- Holly Ridge, MS: less expensive homes
- Homestead, OR: higher priced homes
- Spadra, AR: less expensive homes
- Hartland, CT: higher priced homes
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