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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 $133,462, lower than the West Virginia average of $177,366.
The average cost of rent is $913/mo in Newell, primarily driven by the current value of real estate in the Newell area. In Newell, 30.41% of households rent, and 65.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newell is $4,017 per month. Households that rent pay about 22.72% of their income on rent here. Newell’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chester, WV: equally priced homes
- Wellsville, OH: less expensive homes
- East Liverpool, OH: less expensive homes
- Lawrenceville, WV: higher priced homes
- New Manchester, WV: higher priced homes
- Glasgow, PA: higher priced homes
- Stratton, OH: less expensive homes
- Irondale, OH: equally priced homes
- New Cumberland, WV: higher priced homes
- Georgetown, PA: higher priced homes
Cities with Similar Populations
- Bayside, CA: higher priced homes
- Morven, NC: less expensive homes
- Summer Shade, KY: equally priced homes
- Thompson, ND: higher priced homes
- Tushka, OK: higher priced homes
- Upper Nyack, NY: higher priced homes
- Valley, WA: higher priced homes
- Vernon, AZ: higher priced homes
- West Kinderhook, MI: equally priced homes
- Delaware City, DE: higher priced homes
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