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Expensive
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These days, finding an affordable place to live in the New Summerfield area can be challenging. Home prices in New Summerfield are now at a median cost of $185,643, lower than the Texas average of $322,096.
The average cost of rent is $1,022/mo in New Summerfield, primarily driven by the current value of real estate in the New Summerfield area. In New Summerfield, 14.38% of households rent, and 72.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Summerfield is $7,539 per month. Households that rent pay about 13.56% of their income on rent here. New Summerfield’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
- Griffin, TX: higher priced homes
- Pine Hill, TX: less expensive homes
- Turney, TX: higher priced homes
- Tecula, TX: less expensive homes
- Gallatin, TX: equally priced homes
- Craft, TX: higher priced homes
- Reklaw, TX: equally priced homes
- Jacksonville, TX: less expensive homes
- Mixon, TX: higher priced homes
- Dialville, TX: less expensive homes
Cities with Similar Populations
- Zemple, MN: higher priced homes
- Canton, ME: less expensive homes
- West Lebanon, IN: less expensive homes
- Whitehorse, NM: less expensive homes
- Bradley, CA: higher priced homes
- Williamsport, TN: higher priced homes
- Bloomfield, PA: higher priced homes
- Williford, AR: less expensive homes
- Bellefonte, DE: higher priced homes
- Beaver Meadows, PA: less expensive homes
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