Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newbern area can be challenging. Home prices in Newbern are now at a median cost of $252,475, lower than the Virginia average of $323,261.
The average cost of rent is $873/mo in Newbern, primarily driven by the current value of real estate in the Newbern area. While nearly 50.43% of residents own their homes outright in Newbern, 14.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newbern is $7,322 per month. Households that rent pay about 11.92% of their income on rent here. Newbern's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Mack Creek Village, VA: less expensive homes
- Dublin, VA: less expensive homes
- McAdam, VA: less expensive homes
- Hiwassee, VA: less expensive homes
- Graysontown, VA: less expensive homes
- New River, VA: less expensive homes
- Pulaski, VA: less expensive homes
- Highland, VA: less expensive homes
- Radford, VA: less expensive homes
- Kayoulah, VA: less expensive homes
Cities with Similar Populations
- Sutcliffe, NV: higher priced homes
- Dawn, OH: less expensive homes
- Days Crossroads, NC: less expensive homes
- Decatur City, IA: less expensive homes
- DeJarnett, VA: less expensive homes
- DeKoven, KY: less expensive homes
- Delafield, IL: less expensive homes
- Denmark, VA: equally priced homes
- Denver, IL: less expensive homes
- Deunquat, OH: less expensive homes
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