Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Novelty area can be challenging. Home prices in Novelty are now at a median cost of $406,918, lower than the Washington average of $453,663.
The average cost of rent is $1,298/mo in Novelty, primarily driven by the current value of real estate in the Novelty area. While nearly 42.95% of residents own their homes outright in Novelty, 14.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Novelty is $7,001 per month. Households that rent pay about 18.55% of their income on rent here. Novelty's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Sultan, WA: less expensive homes
- Startup, WA: equally priced homes
- Gold Bar, WA: less expensive homes
- Woods Creek, WA: higher priced homes
- Monroe Junction, WA: higher priced homes
- Monroe, WA: higher priced homes
- Stillwater, WA: higher priced homes
- Duvall, WA: higher priced homes
- Monroe North, WA: higher priced homes
- Lake Marcel-Stillwater, WA: higher priced homes
Cities with Similar Populations
- Olivier, LA: less expensive homes
- Midway, MN: less expensive homes
- Milo, MO: less expensive homes
- Mirror Lake, NH: less expensive homes
- Mitchell, GA: less expensive homes
- Moffet, AL: less expensive homes
- Mount Auburn, IA: less expensive homes
- Mountain Dale, NY: less expensive homes
- Mountainhome, PA: less expensive homes
- Musgrove, TX: less expensive homes
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