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Affordable
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These days, finding an affordable place to live in the New Lands area can be challenging. Home prices in New Lands are now at a median cost of $202,800, lower than the North Carolina average of $323,314.
The average cost of rent is $644/mo in New Lands, primarily driven by the current value of real estate in the New Lands area. In New Lands, 7.88% of households rent, and 55.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Lands is $4,559 per month. Households that rent pay about 14.13% of their income on rent here. New Lands’s most expensive areas are in the central 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
- Pleasant View, NC: equally priced homes
- Travis, NC: less expensive homes
- Columbia, NC: less expensive homes
- River Neck, NC: equally priced homes
- Creswell, NC: less expensive homes
- Mount Tabor, NC: less expensive homes
- Soundside, NC: equally priced homes
- Gum Neck, NC: equally priced homes
- Goat Neck, NC: equally priced homes
- Roper, NC: less expensive homes
Cities with Similar Populations
- Fort Seybert, WV: equally priced homes
- Sutton, AR: less expensive homes
- Surprise Valley, OR: higher priced homes
- Summersville, IL: less expensive homes
- Gipsy, AL: higher priced homes
- Frisco, IL: less expensive homes
- Friendship, NJ: higher priced homes
- Fremont, MO: less expensive homes
- Freeport, KS: equally priced homes
- Free Union, KY: less expensive homes
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