Home prices
Newland's median home price is $143,800. It is approximately $91,860 (38%) lower compared to its nearby areas.Compared to the nation as a whole it is about $73,700 (33%) lower, and is roughly $76,500 (34%) lower in comparison to the city of Charlotte.
Rents
Newland's median monthly rent is $667. Compared to its nearby areas this is about $121 (15%) lower.It is about $395 (37%) lower in comparison to the country as a whole, and compared to the city of Charlotte it is approximately $468 (41%) lower.
Nearby places
Sugar Mountain
Sugar Mountain is approximately 4 miles northeast of Newland. Real estate prices there are substantially more expensive. The median home in Sugar Mountain costs $232,300, which comes out to $88,500 (38%) higher than Newland. Rent there is somewhat more expensive. In Sugar Mountain the median monthly rent is $963, which comes out to $296 (30%) higher than Newland.
Elk Park
Elk Park is about 5 miles northwest from Newland. The housing prices there are substantially less expensive. The median home value in Elk Park is $98,500, which is $45,300 (45%) lower than Newland. Its rents are somewhat less expensive. The median rent in Elk Park is $575 a month, which comes out to $92 (15%) lower than Newland.
Banner Elk
Banner Elk is roughly 5 miles northeast from Newland. Real estate prices there are substantially more expensive. The median home in Banner Elk costs $311,600, which works out to $167,800 (53%) higher than Newland. The rent there is somewhat more expensive. The median monthly rent in Banner Elk is $813, which works out to $146 (17%) higher than Newland.
Seven Devils
Seven Devils is about 7 miles northeast from Newland. The housing prices there are substantially more expensive. Seven Devils's median home value is $301,900, which is $158,100 (52%) higher than Newland. Its rents are a little more expensive. The median monthly rent in Seven Devils is $796, which is $129 (16%) higher than Newland.
Foscoe
Foscoe is approximately 8 miles northeast from Newland. Housing prices there are significantly more expensive. The median home in Foscoe costs $234,000, which is $90,200 (38%) higher than Newland. The rent there is somewhat more expensive. Foscoe's median rent is $791 a month, which works out to $124 (15%) higher than Newland.
