Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newland area can be challenging. Home prices in Newland are now at a median cost of $120,030, lower than the Indiana average of $175,617.
The average cost of rent is $1,024/mo in Newland, primarily driven by the current value of real estate in the Newland area. While nearly 61.74% of residents own their homes outright in Newland, 28.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newland is $5,535 per month. Households that rent pay about 18.49% of their income on rent here. Newland's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Gifford, IN: higher priced homes
- Rensselaer, IN: equally priced homes
- Radioville, IN: less expensive homes
- Francesville, IN: equally priced homes
- McCoysburg, IN: higher priced homes
- Lee, IN: equally priced homes
- Medaryville, IN: less expensive homes
- Parr, IN: higher priced homes
- Fair Oaks, IN: higher priced homes
- Collegeville, IN: higher priced homes
Cities with Similar Populations
- Eden, MN: higher priced homes
- Farrar, TX: higher priced homes
- Willow Shade, KY: less expensive homes
- Eve, MO: higher priced homes
- Evansville, PA: higher priced homes
- Esterbrook, WY: higher priced homes
- Eola, LA: less expensive homes
- Elmdale, KS: equally priced homes
- El Mirage, CA: higher priced homes
- Edmond, KS: less expensive homes
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