Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Hanover County area can be challenging. Home prices in New Hanover County are now at a median cost of $290,628, higher than the North Carolina average of $226,477.
The average cost of rent is $1,252/mo in New Hanover County, primarily driven by the current value of real estate in the New Hanover County area. While nearly 38.17% of residents own their homes outright in New Hanover County, 43.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Hanover County is $5,891 per month. Households that rent pay about 21.25% of their income on rent here. New Hanover County's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the county.
Nearby Counties
- Columbus County, NC: less expensive homes
- Marion County, SC: less expensive homes
- Dillon County, SC: less expensive homes
- Florence County, SC: less expensive homes
- Darlington County, SC: less expensive homes
- Lee County, SC: less expensive homes
- Kershaw County, SC: less expensive homes
- Fairfield County, SC: less expensive homes
- Newberry County, SC: less expensive homes
- Greenwood County, SC: less expensive homes
Counties with Similar Populations
- Clayton County, GA: less expensive homes
- St. Louis City, MO: less expensive homes
- St. Joseph County, IN: less expensive homes
- St. Johns County, FL: higher priced homes
- Fayette County, KY: less expensive homes
- Escambia County, FL: less expensive homes
- Durham County, NC: equally priced homes
- Cumberland County, PA: less expensive homes
- Cumberland County, ME: higher priced homes
- Clermont County, OH: less expensive homes
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