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These days, finding an affordable place to live in the New Hill area can be challenging. Home prices in New Hill are now at a median cost of $636,095, higher than the North Carolina average of $323,314.
The average cost of rent is $2,738/mo in New Hill, primarily driven by the current value of real estate in the New Hill area. In New Hill, 7.27% of households rent, and 23.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Hill is $15,561 per month. Households that rent pay about 17.59% of their income on rent here. New Hill’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hollemans Crossroads, NC: less expensive homes
- Haywood, NC: less expensive homes
- Apex, NC: equally priced homes
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- Fearrington, NC: equally priced homes
- Corinth, NC: less expensive homes
- Moncure, NC: less expensive homes
- Cary, NC: equally priced homes
- Cokesbury, NC: less expensive homes
- Fuquay-Varina, NC: less expensive homes
Cities with Similar Populations
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- Lake Crystal, MN: less expensive homes
- Lakeville, IN: less expensive homes
- Laton, CA: less expensive homes
- Lewiston, MI: less expensive homes
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