Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Richmond area can be challenging. Home prices in New Richmond are now at a median cost of $137,596, lower than the Pennsylvania average of $222,630.
The average cost of rent is $647/mo in New Richmond, primarily driven by the current value of real estate in the New Richmond area. While nearly 48.93% of residents own their homes outright in New Richmond, 12.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Richmond is $5,667 per month. Households that rent pay about 11.42% of their income on rent here. New Richmond's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Guys Mills, PA: equally priced homes
- Townville, PA: equally priced homes
- Blooming Valley, PA: higher priced homes
- Frenchtown, PA: higher priced homes
- Riceville, PA: equally priced homes
- Troy Center, PA: equally priced homes
- Little Cooley, PA: equally priced homes
- Teepleville, PA: equally priced homes
- Clappville, PA: higher priced homes
- Woodcock, PA: equally priced homes
Cities with Similar Populations
- Brohman, MI: equally priced homes
- Wise Forks, NC: less expensive homes
- Windom, TX: equally priced homes
- Wilson, SC: less expensive homes
- Cane Creek, NC: higher priced homes
- Calvert, AL: less expensive homes
- Cainsville, MO: less expensive homes
- Burgess, VA: higher priced homes
- Buffington, PA: less expensive homes
- Wiswell, KY: higher priced homes
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