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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 $265,688, lower than the North Carolina average of $323,314.
The average cost of rent is $861/mo in Newland, primarily driven by the current value of real estate in the Newland area. In Newland, 15.00% of households rent, and 57.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newland is $5,604 per month. Households that rent pay about 15.37% of their income on rent here. Newland’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Crossnore, NC: equally priced homes
- Pineola, NC: higher priced homes
- Linville, NC: higher priced homes
- Cranberry, NC: less expensive homes
- Roaring Creek, NC: equally priced homes
- Linville Falls, NC: equally priced homes
- Grandfather, NC: higher priced homes
- Sugar Mountain, NC: higher priced homes
- Jonas Ridge, NC: less expensive homes
- Elk Park, NC: less expensive homes
Cities with Similar Populations
- Clyde, TX: less expensive homes
- Colonie, NY: higher priced homes
- Colonial Beach, VA: equally priced homes
- Coloma, MI: less expensive homes
- Collingdale, PA: less expensive homes
- Colfax, CA: higher priced homes
- Coldwater, MS: less expensive homes
- Cohasset, MA: higher priced homes
- Cocoa West, FL: less expensive homes
- Coal Township, PA: less expensive homes
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