Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Town area can be challenging. Home prices in New Town are now at a median cost of $255,074, higher than the Mississippi average of $145,564.
The average cost of rent is $951/mo in New Town, primarily driven by the current value of real estate in the New Town area. While nearly 18.12% of residents own their homes outright in New Town, 10.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Town is $5,266 per month. Households that rent pay about 18.06% of their income on rent here. New Town's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Senatobia, MS: less expensive homes
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- Crockett, MS: less expensive homes
- Thyatira, MS: less expensive homes
- Evansville, MS: less expensive homes
- Tyro, MS: less expensive homes
- Sardis, MS: less expensive homes
Cities with Similar Populations
- Zion, AL: less expensive homes
- Chapin, IL: less expensive homes
- Cedar Glen, CA: higher priced homes
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- Carnes, IA: less expensive homes
- Canadys, SC: less expensive homes
- Westfield, OH: less expensive homes
- Buckley, IL: less expensive homes
- Bridgewater, MI: higher priced homes
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