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These days, finding an affordable place to live in the New Preston area can be challenging. Home prices in New Preston are now at a median cost of $447,716, higher than the Connecticut average of $418,901.
The average cost of rent is $1,204/mo in New Preston, primarily driven by the current value of real estate in the New Preston area. In New Preston, 15.09% of households rent, and 43.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Preston is $6,250 per month. Households that rent pay about 19.26% of their income on rent here. New Preston’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
- New Preston-Marble Dale, CT: equally priced homes
- Washington Depot, CT: higher priced homes
- Warren, CT: equally priced homes
- Washington, CT: higher priced homes
- Woodville, CT: equally priced homes
- Lakeside, CT: equally priced homes
- South Kent, CT: higher priced homes
- Kent, CT: higher priced homes
- Bantam, CT: less expensive homes
- Gaylordsville, CT: equally priced homes
Cities with Similar Populations
- Condon, MT: higher priced homes
- Cleavesville, MO: less expensive homes
- Cleveland, NM: less expensive homes
- Clifford, PA: less expensive homes
- Clifton Hill, MO: less expensive homes
- Coahoma, MS: less expensive homes
- Columbia, UT: less expensive homes
- Commerce, TN: less expensive homes
- Conasauga, TN: less expensive homes
- Concord, KY: less expensive homes
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