Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Point area can be challenging. Home prices in New Point are now at a median cost of $214,881, higher than the Indiana average of $175,617.
The average cost of rent is $1,111/mo in New Point, primarily driven by the current value of real estate in the New Point area. While nearly 46.31% of residents own their homes outright in New Point, 18.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Point is $5,850 per month. Households that rent pay about 18.99% of their income on rent here. New Point's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Enochsburg, IN: equally priced homes
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- Cross Roads, IN: equally priced homes
- Millhousen, IN: less expensive homes
- Napoleon, IN: less expensive homes
- Batesville, IN: equally priced homes
- Greensburg, IN: less expensive homes
- Oldenburg, IN: equally priced homes
- Clarksburg, IN: equally priced homes
Cities with Similar Populations
- Bernice, OK: less expensive homes
- Fincastle, TX: less expensive homes
- Ferndale, NY: less expensive homes
- Tomahawk, KY: less expensive homes
- Tri-Lakes, IN: equally priced homes
- Brashear, MO: less expensive homes
- Collbran, CO: higher priced homes
- Boston, OH: less expensive homes
- Bolt, WV: less expensive homes
- Bluffton, MN: less expensive homes
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