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These days, finding an affordable place to live in the New Glasgow area can be challenging. Home prices in New Glasgow are now at a median cost of $250,771, lower than the Virginia average of $443,089.
The average cost of rent is $1,095/mo in New Glasgow, primarily driven by the current value of real estate in the New Glasgow area. In New Glasgow, 8.72% of households rent, and 44.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Glasgow is $6,214 per month. Households that rent pay about 17.63% of their income on rent here. New Glasgow’s most expensive areas are in the northern 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
- Buffalo Hill, VA: equally priced homes
- Tye River, VA: equally priced homes
- Amherst, VA: equally priced homes
- Clifford, VA: less expensive homes
- Arrington, VA: equally priced homes
- Lowesville, VA: higher priced homes
- Piney River, VA: less expensive homes
- Sweet Briar, VA: equally priced homes
- Colleen, VA: equally priced homes
- Gladstone, VA: less expensive homes
Cities with Similar Populations
- Filburns Island, OH: higher priced homes
- East Monroe, OH: less expensive homes
- East Potter, NY: less expensive homes
- East Springfield, NY: less expensive homes
- Ebenezer, MS: less expensive homes
- Elrama, PA: less expensive homes
- Eola, TX: higher priced homes
- Epworth, KY: less expensive homes
- Epworth, SC: less expensive homes
- Exchange, WV: less expensive homes
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