Home prices
The median home price in New Buffalo is $223,100. Compared to the surrounding areas this is roughly $39,360 (21%) higher.It is approximately $5,600 (2%) higher compared to the rest of the nation, and it is roughly $34,900 (13%) lower compared to the city of Chicago.
Rents
New Buffalo's median rent is $903 a month. This is is very similar compared to its surrounding areas.In comparison to the United States as a whole it is approximately $159 (14%) lower, and compared to the city of Chicago it is about $209 (18%) lower.
Nearby places
Three Oaks
Three Oaks is about 5 miles east of New Buffalo. Its housing prices are significantly less expensive. The median home value in Three Oaks is $123,900, which is $99,200 (80%) lower than New Buffalo. The rent there is somewhat less expensive. The median monthly rent in Three Oaks is $840, which works out to $63 (7%) lower than New Buffalo.
Long Beach
Long Beach is roughly 5 miles southwest of New Buffalo. Real estate prices there are significantly more expensive. The median home cost in Long Beach is $437,500, which is $214,400 (49%) higher than New Buffalo. Rent there is a bit more expensive. In Long Beach the median rent is $1,125 a month, which is $222 (19%) higher than New Buffalo.
Michigan City
Michigan City is approximately 7 miles southwest from New Buffalo. Housing prices there are significantly less expensive. The median home cost in Michigan City is $89,900, which is $133,200 (148%) lower than New Buffalo. Its rents are a bit less expensive. The median monthly rent in Michigan City is $752, which works out to $151 (20%) lower than New Buffalo.
Trail Creek
Trail Creek is about 8 miles southwest from New Buffalo. Its housing prices are substantially less expensive. The price of the median home in Trail Creek is $135,500, which works out to $87,600 (64%) lower than New Buffalo. Rents there are somewhat more expensive. Trail Creek's median rent is $1,036 per month, which works out to $133 (12%) higher than New Buffalo.
New Troy
New Troy is roughly 10 miles northeast from New Buffalo. Housing prices there are significantly less expensive. The price of the median home in New Troy is $131,900, which works out to $91,200 (69%) lower than New Buffalo. Rents there are a little less expensive. In New Troy the median monthly rent is $728, which works out to $175 (24%) lower than New Buffalo.
