Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newsoms area can be challenging. Home prices in Newsoms are now at a median cost of $171,140, lower than the Virginia average of $323,261.
The average cost of rent is $820/mo in Newsoms, primarily driven by the current value of real estate in the Newsoms area. While nearly 42.41% of residents own their homes outright in Newsoms, 23.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newsoms is $5,159 per month. Households that rent pay about 15.90% of their income on rent here. Newsoms's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Handsom, VA: equally priced homes
- Boykins, VA: equally priced homes
- Sunbeam, VA: equally priced homes
- Courtland, VA: higher priced homes
- Severn, NC: equally priced homes
- Delaware, VA: less expensive homes
- Boykins and Branchville, VA: equally priced homes
- Branchville, VA: equally priced homes
- Capron, VA: higher priced homes
- Riverdale, VA: equally priced homes
Cities with Similar Populations
- Belgrade Lakes, ME: higher priced homes
- Cagle, TN: higher priced homes
- Vergennes, IL: less expensive homes
- Bucklin, KS: less expensive homes
- Brady, NE: higher priced homes
- Bloomville, NY: equally priced homes
- Berger, MO: less expensive homes
- Barrettsville, GA: higher priced homes
- Ashland, KS: less expensive homes
- Aguila, AZ: higher priced homes
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