
Home Price Key
These days, finding an affordable place to live in the Newfane area can be challenging. Home prices in Newfane are now at a median cost of $224,948, lower than the Vermont average of $260,894.
The average cost of rent is $1,188/mo in Newfane, primarily driven by the current value of real estate in the Newfane area. While nearly 34.62% of residents own their homes outright in Newfane, 19.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newfane is $5,263 per month. Households that rent pay about 22.56% of their income on rent here. Newfane's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- West Dummerston, VT: higher priced homes
- Williamsville, VT: equally priced homes
- Townshend, VT: equally priced homes
- South Newfane, VT: higher priced homes
- Simpsonville, VT: equally priced homes
- Putney, VT: equally priced homes
- Goose City, VT: higher priced homes
- East Dover, VT: higher priced homes
- Wardsboro, VT: higher priced homes
- East Putney, VT: less expensive homes
Cities with Similar Populations
- Arcadia, OH: less expensive homes
- Tok, AK: less expensive homes
- Bentonia, MS: less expensive homes
- Bradley, ME: less expensive homes
- Bryant, IN: less expensive homes
- Newfound, NC: equally priced homes
- Nazareth, KY: less expensive homes
- North Pekin, IL: less expensive homes
- North Redington Beach, FL: higher priced homes
- Nutter Fort, WV: less expensive homes
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