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 $239,603, higher than the Texas average of $235,268.
The average cost of rent is $949/mo in New Salem, primarily driven by the current value of real estate in the New Salem area. While nearly 62.53% of residents own their homes outright in New Salem, 21.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Salem is $5,617 per month. Households that rent pay about 16.90% of their income on rent here. New Salem's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Santo, TX: equally priced homes
- Lipan, TX: less expensive homes
- Dennis, TX: higher priced homes
- Millsap, TX: equally priced homes
- Sturdivant, TX: higher priced homes
- Lone Camp, TX: equally priced homes
- Gordon, TX: equally priced homes
- Palo Pinto, TX: less expensive homes
- Thorp Spring, TX: less expensive homes
- Mingus, TX: less expensive homes
Cities with Similar Populations
- Thornton, AR: less expensive homes
- Alberhill, CA: higher priced homes
- Alberta, VA: less expensive homes
- Alderson, OK: less expensive homes
- Alleyton, TX: less expensive homes
- Allport, PA: less expensive homes
- Altona, IL: less expensive homes
- Alverno, MI: less expensive homes
- Antioch, WV: less expensive homes
- Apple Springs, TX: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood