Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newberry area can be challenging. Home prices in Newberry are now at a median cost of $147,336, lower than the Indiana average of $175,617.
The average cost of rent is $742/mo in Newberry, primarily driven by the current value of real estate in the Newberry area. While nearly 47.85% of residents own their homes outright in Newberry, 20.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newberry is $5,102 per month. Households that rent pay about 14.54% of their income on rent here. Newberry's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Elnora, IN: less expensive homes
- Plummer, IN: less expensive homes
- Odon, IN: higher priced homes
- Crane, IN: higher priced homes
- Scotland, IN: less expensive homes
- Lyons, IN: less expensive homes
- Marco, IN: less expensive homes
- Elliston, IN: less expensive homes
- Burns City, IN: higher priced homes
- Hashtown, IN: equally priced homes
Cities with Similar Populations
- Busseyville, WI: higher priced homes
- West Rosendale, WI: higher priced homes
- West Hollis, ME: higher priced homes
- Center, KY: less expensive homes
- Cassell, OH: higher priced homes
- Calvert, PA: higher priced homes
- Callao, MO: less expensive homes
- Calcasieu, LA: equally priced homes
- Calais, VT: higher priced homes
- Butte, NE: less expensive homes
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