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Affordable
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These days, finding an affordable place to live in the New Sharon area can be challenging. Home prices in New Sharon are now at a median cost of $184,023, lower than the Iowa average of $226,062.
The average cost of rent is $750/mo in New Sharon, primarily driven by the current value of real estate in the New Sharon area. In New Sharon, 31.77% of households rent, and 49.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Sharon is $6,617 per month. Households that rent pay about 11.34% of their income on rent here. New Sharon’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Union Mills, IA: equally priced homes
- Taintor, IA: equally priced homes
- Searsboro, IA: higher priced homes
- Peoria, IA: equally priced homes
- Barnes City, IA: higher priced homes
- Leighton, IA: higher priced homes
- Oskaloosa, IA: less expensive homes
- University Park, IA: less expensive homes
- Indianapolis, IA: higher priced homes
- Montezuma, IA: higher priced homes
Cities with Similar Populations
- Avoca, NY: less expensive homes
- Yoncalla, OR: higher priced homes
- Withee, WI: less expensive homes
- Whitewood, SD: higher priced homes
- Westlake, TX: higher priced homes
- Vanderbilt, MI: less expensive homes
- Valley Falls, KS: less expensive homes
- Vader, WA: higher priced homes
- Trimble, MO: higher priced homes
- Townsend, FL: higher priced homes
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