Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newsom area can be challenging. Home prices in Newsom are now at a median cost of $219,849, lower than the North Carolina average of $226,477.
The average cost of rent is $742/mo in Newsom, primarily driven by the current value of real estate in the Newsom area. While nearly 46.04% of residents own their homes outright in Newsom, 20.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newsom is $4,212 per month. Households that rent pay about 17.62% of their income on rent here. Newsom's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Jackson Hill, NC: equally priced homes
- Isenhour, NC: less expensive homes
- New London, NC: higher priced homes
- Richfield, NC: less expensive homes
- High Rock, NC: equally priced homes
- Handy, NC: less expensive homes
- Palmerville, NC: less expensive homes
- Misenheimer, NC: less expensive homes
- Badin, NC: less expensive homes
- Healing Springs, NC: less expensive homes
Cities with Similar Populations
- Dayton, AL: less expensive homes
- Cool Spring, DE: higher priced homes
- Copley, WV: less expensive homes
- Core Point, NC: less expensive homes
- Cornstalk, WV: less expensive homes
- Covington, MI: less expensive homes
- Woodworth, MT: higher priced homes
- Currie, TN: less expensive homes
- Daisy, AR: less expensive homes
- Dale, SC: less expensive homes
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