Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newell area can be challenging. Home prices in Newell are now at a median cost of $214,873, lower than the Charlotte average of $273,615.
The average cost of rent is $1,391/mo in Newell, primarily driven by the current value of real estate in the Newell area. While nearly 16.83% of residents own their homes outright in Newell, 29.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newell is $7,163 per month. Households that rent pay about 19.42% of their income on rent here. Newell's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Back Creek Church Road, Charlotte, NC: equally priced homes
- University City South, Charlotte, NC: equally priced homes
- Harris-Houston, Charlotte, NC: less expensive homes
- Newell South, Charlotte, NC: less expensive homes
- University City North, Charlotte, NC: higher priced homes
- Plaza-Eastway, Charlotte, NC: less expensive homes
- Hickory Grove, Charlotte, NC: less expensive homes
- Hidden Valley, Charlotte, NC: less expensive homes
- Mineral Springs-Rumble Road, Charlotte, NC: less expensive homes
- Mallard Creek-Withrow Downs, Charlotte, NC: higher priced homes
Neighborhoods with Similar Populations
- Center Square, Albany, NY: equally priced homes
- Breen Hills, Kansas City, MO: equally priced homes
- Brooklands Park, Rochester Hills, MI: less expensive homes
- Brookview, Waco, TX: less expensive homes
- Browntown, Wilmington, DE: less expensive homes
- Camelot, San Antonio, TX: less expensive homes
- Willow Creek, Kansas City, MO: less expensive homes
- Canyon Creek-39th SE, Bothell, WA: higher priced homes
- Car Town, Kannapolis, NC: less expensive homes
- Carlen, Mobile, AL: less expensive homes
All Local Stats
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