Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Village area can be challenging. Home prices in New Village are now at a median cost of $311,140, lower than the New Jersey average of $388,929.
The average cost of rent is $1,236/mo in New Village, primarily driven by the current value of real estate in the New Village area. While nearly 40.55% of residents own their homes outright in New Village, 12.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Village is $8,331 per month. Households that rent pay about 14.84% of their income on rent here. New Village's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Broadway, NJ: equally priced homes
- Stewartsville, NJ: equally priced homes
- Harmony, NJ: less expensive homes
- Hutchinson, NJ: equally priced homes
- Asbury, NJ: higher priced homes
- Phillipsburg, NJ: less expensive homes
- Bloomsbury, NJ: higher priced homes
- West Portal, NJ: higher priced homes
- Brainards, NJ: less expensive homes
- Alpha, NJ: less expensive homes
Cities with Similar Populations
- Carlton, AL: less expensive homes
- Colburn, ID: higher priced homes
- Cocked Hat, DE: less expensive homes
- Clayton, TX: less expensive homes
- Clatonia, NE: less expensive homes
- Chestnut Grove, TN: less expensive homes
- Chatawa, MS: less expensive homes
- Chamois, MO: less expensive homes
- Cesar Chavez, TX: less expensive homes
- Center Moreland, PA: less expensive homes
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