Home prices
The median home cost in Newfolden is $106,500. Compared to other places in this area it is roughly $6,000 (5%) higher.In comparison to the country as a whole it is about $111,000 (51%) lower, and compared to the city of Grand Forks it is approximately $103,800 (49%) lower.
Rents
Newfolden's median rent is $508 per month. It is approximately $98 (16%) lower compared to nearby areas.In comparison to the entire country it is approximately $554 (52%) lower, and it is roughly $303 (37%) lower in comparison to the city of Grand Forks.
Nearby places
Middle River
Middle River is roughly 7 miles northeast from Newfolden. The housing prices there are significantly less expensive. The median home in Middle River is valued at $80,000, which works out to $26,500 (33%) lower than Newfolden. Its rents are a bit less expensive. The median monthly rent in Middle River is $427, which comes out to $81 (18%) lower than Newfolden.
Karlstad
Karlstad is approximately 14 miles northwest from Newfolden. The real estate prices there are somewhat less expensive. Karlstad's median home price is $81,300, which comes out to $25,200 (30%) lower than Newfolden. Its rents are a bit more expensive. Karlstad's median monthly rent is $558, which comes out to $50 (8%) higher than Newfolden.
Thief River Falls
Thief River Falls is about 15 miles south from Newfolden. Its real estate prices are a little more expensive. The median home value in Thief River Falls is $135,700, which is $29,200 (21%) higher than Newfolden. Rent there is a bit more expensive. In Thief River Falls the median rent is $693 a month, which comes out to $185 (26%) higher than Newfolden.
Argyle
Argyle is roughly 18 miles west from Newfolden. Its real estate prices are somewhat less expensive. Argyle's median home price is $95,900, which works out to $10,600 (11%) lower than Newfolden. Rents there are a little more expensive. In Argyle the median rent is $630 a month, which works out to $122 (19%) higher than Newfolden.
Warren
Warren is approximately 19 miles southwest of Newfolden. The real estate prices there are fairly similar. The cost of the median home in Warren is $109,600, which comes out to $3,100 (2%) higher than Newfolden. Rents there are somewhat more expensive. Warren's median monthly rent is $721, which works out to $213 (29%) higher than Newfolden.
