Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Gloucester area can be challenging. Home prices in New Gloucester are now at a median cost of $250,020, higher than the Maine average of $243,042.
The average cost of rent is $1,073/mo in New Gloucester, primarily driven by the current value of real estate in the New Gloucester area. While nearly 29.21% of residents own their homes outright in New Gloucester, 19.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Gloucester is $6,994 per month. Households that rent pay about 15.34% of their income on rent here. New Gloucester's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Upper Gloucester, ME: equally priced homes
- Poland Spring, ME: higher priced homes
- Gray, ME: higher priced homes
- North Pownal, ME: higher priced homes
- Poland, ME: equally priced homes
- Pownal, ME: higher priced homes
- Crescent Lake, ME: less expensive homes
- Raymond, ME: higher priced homes
- North Yarmouth, ME: higher priced homes
- Durham, ME: equally priced homes
Cities with Similar Populations
- Butler, MO: less expensive homes
- Waverly, OH: less expensive homes
- Cape Neddick, ME: higher priced homes
- Campbellsport, WI: less expensive homes
- Camino, CA: higher priced homes
- Cambridge Springs, PA: less expensive homes
- Cambria, CA: higher priced homes
- Calhan, CO: higher priced homes
- Caldwell, TX: less expensive homes
- Byesville, OH: less expensive homes
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