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 $161,240, lower than the North Dakota average of $223,566.
The average cost of rent is $735/mo in New Salem, primarily driven by the current value of real estate in the New Salem area. While nearly 46.39% of residents own their homes outright in New Salem, 16.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Salem is $5,438 per month. Households that rent pay about 13.52% of their income on rent here. New Salem's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Sims, ND: higher priced homes
- Judson, ND: higher priced homes
- Almont, ND: equally priced homes
- Hannover, ND: higher priced homes
- Glen Ullin, ND: less expensive homes
- Center, ND: higher priced homes
- Price, ND: higher priced homes
- Buckskin, ND: less expensive homes
- Lark, ND: less expensive homes
- Fort Clark, ND: equally priced homes
Cities with Similar Populations
- Lexa, AR: less expensive homes
- Pocahontas, VA: less expensive homes
- Pittsford, MI: less expensive homes
- Oyster Creek, TX: higher priced homes
- Ottoville, OH: higher priced homes
- Moira, NY: less expensive homes
- Middle Verde, AZ: equally priced homes
- Middle Point, OH: less expensive homes
- Mendon, IL: less expensive homes
- Malcolm, NE: higher priced homes
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