Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Morgan area can be challenging. Home prices in New Morgan are now at a median cost of $262,257, higher than the Pennsylvania average of $222,630.
The average cost of rent is $1,117/mo in New Morgan, primarily driven by the current value of real estate in the New Morgan area. While nearly 33.15% of residents own their homes outright in New Morgan, 16.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Morgan is $7,237 per month. Households that rent pay about 15.44% of their income on rent here. New Morgan's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Morgantown, PA: higher priced homes
- Geigertown, PA: higher priced homes
- Weavertown, PA: higher priced homes
- Churchtown, PA: higher priced homes
- Maple Grove Park, PA: higher priced homes
- Elverson, PA: higher priced homes
- Pine Swamp, PA: equally priced homes
- Kulptown, PA: equally priced homes
- Birdsboro, PA: less expensive homes
- Mohnton, PA: equally priced homes
Cities with Similar Populations
- Guffie, KY: less expensive homes
- Streby, WV: less expensive homes
- Straubville, ND: less expensive homes
- Stratford, NC: less expensive homes
- Straits, NC: less expensive homes
- Stony River, AK: less expensive homes
- Stewarts Point, NV: equally priced homes
- Staten, WV: less expensive homes
- Stamford, SD: less expensive homes
- St. Vincent, MN: less expensive homes
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