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 $182,041, lower than the Michigan average of $196,062.
The average cost of rent is $850/mo in Newland, primarily driven by the current value of real estate in the Newland area. While nearly 54.93% of residents own their homes outright in Newland, 7.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newland is $4,918 per month. Households that rent pay about 17.28% of their income on rent here. Newland's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Filer City, MI: higher priced homes
- Red Park, MI: equally priced homes
- Parkdale, MI: less expensive homes
- Eastlake, MI: less expensive homes
- Manistee, MI: less expensive homes
- Norwalk, MI: equally priced homes
- Onekama, MI: higher priced homes
- Harrison Beach, MI: less expensive homes
- Stronach, MI: less expensive homes
- Pierport, MI: higher priced homes
Cities with Similar Populations
- Waltonia, CO: higher priced homes
- Derby, IN: less expensive homes
- Des Moines, NM: less expensive homes
- Devils Slide, UT: higher priced homes
- Diggs, VA: higher priced homes
- Dixie, LA: equally priced homes
- Domestic, IN: less expensive homes
- Donnybrook, ND: equally priced homes
- Vernon, CO: higher priced homes
- Verona, MI: equally priced homes
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