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These days, finding an affordable place to live in the New Territory area can be challenging. Home prices in New Territory are now at a median cost of $400,009, higher than the Texas average of $322,096.
The average cost of rent is $2,156/mo in New Territory, primarily driven by the current value of real estate in the New Territory area. In New Territory, 20.64% of households rent, and 43.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Territory is $13,016 per month. Households that rent pay about 16.57% of their income on rent here. New Territory’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Greatwood, TX: higher priced homes
- Crabb, TX: less expensive homes
- Sugar Land, TX: equally priced homes
- Pecan Grove, TX: higher priced homes
- Richmond, TX: equally priced homes
- Meadows Place, TX: less expensive homes
- Stafford, TX: less expensive homes
- Mission Bend, TX: less expensive homes
- Thompsons, TX: higher priced homes
- Rosenberg, TX: less expensive homes
Cities with Similar Populations
- St. Helens, OR: equally priced homes
- Crete, IL: less expensive homes
- Danville, PA: less expensive homes
- Dayton, NV: higher priced homes
- Decatur, IN: less expensive homes
- DeForest, WI: equally priced homes
- Detroit Lakes, MN: less expensive homes
- Discovery Bay, CA: higher priced homes
- Dunkirk, NY: less expensive homes
- Seabrook, TX: less expensive homes
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