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These days, finding an affordable place to live in the New Salisbury area can be challenging. Home prices in New Salisbury are now at a median cost of $221,610, lower than the Indiana average of $232,932.
The average cost of rent is $912/mo in New Salisbury, primarily driven by the current value of real estate in the New Salisbury area. In New Salisbury, 13.79% of households rent, and 39.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Salisbury is $6,369 per month. Households that rent pay about 14.31% of their income on rent here. New Salisbury’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ramsey, IN: higher priced homes
- Crandall, IN: higher priced homes
- Palmyra, IN: equally priced homes
- Depauw, IN: less expensive homes
- Greenville, IN: higher priced homes
- Galena, IN: higher priced homes
- Georgetown, IN: higher priced homes
- Corydon, IN: higher priced homes
- Lanesville, IN: higher priced homes
- White Cloud, IN: equally priced homes
Cities with Similar Populations
- Brown City, MI: less expensive homes
- Pecatonica, IL: less expensive homes
- Newtown, OH: higher priced homes
- Orwell, OH: less expensive homes
- Stem, NC: equally priced homes
- St. Johnsville, NY: less expensive homes
- Twin City, GA: less expensive homes
- South Rockwood, MI: equally priced homes
- Union City, MI: less expensive homes
- Seagraves, TX: less expensive homes
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