Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Salem area can be challenging. Home prices in New Salem are now at a median cost of $272,172, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,098/mo in New Salem, primarily driven by the current value of real estate in the New Salem area. While nearly 35.61% of residents own their homes outright in New Salem, 13.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Salem is $6,073 per month. Households that rent pay about 18.09% of their income on rent here. New Salem's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Wendell Depot, MA: less expensive homes
- Wendell, MA: less expensive homes
- South Athol, MA: equally priced homes
- Shutesbury, MA: equally priced homes
- Orange, MA: less expensive homes
- Petersham, MA: higher priced homes
- Leverett, MA: higher priced homes
- Athol, MA: less expensive homes
- Pelham, MA: higher priced homes
- Erving, MA: less expensive homes
Cities with Similar Populations
- Big Creek, WV: less expensive homes
- Benkelman, NE: less expensive homes
- Pembroke, NH: equally priced homes
- Pumpkin Center, IN: less expensive homes
- Powell, MO: less expensive homes
- Potrero, CA: higher priced homes
- Pippa Passes, KY: less expensive homes
- Phenix, VA: less expensive homes
- Penfield, OH: less expensive homes
- Quasqueton, IA: less expensive homes
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