Much like the surrounding areas, it is substantially less expensive compared to the country as a whole. Compared to the city of Baltimore however, it's a bit less expensive.
Home prices
New Buffalo's median home value is $126,400. In comparison to its nearby areas this is roughly $5,140 (4%) higher.Compared to the United States as a whole it is roughly $91,100 (41%) lower, and compared to the city of Baltimore it is approximately $33,700 (21%) lower.
Rents
In New Buffalo the median rent is $638 a month. In comparison to its surrounding areas it is about $57 (8%) lower.It is approximately $424 (39%) lower in comparison to the rest of the nation, and compared to the city of Baltimore is roughly $435 (40%) lower.
Nearby places
Halifax
Halifax is approximately 1 mile east of New Buffalo. Housing prices there are pretty similar. Halifax's median home price is $121,400, which comes out to $5,000 (4%) lower than New Buffalo. Its rents are a bit more expensive. In Halifax the median rent is $677 a month, which is $39 (5%) higher than New Buffalo.
Duncannon
Duncannon is about 4 miles southwest from New Buffalo. Its real estate prices are somewhat less expensive. The median home in Duncannon costs $112,900, which works out to $13,500 (11%) lower than New Buffalo. Rent there is similar. Duncannon's median monthly rent is $639, which is very similar to New Buffalo.
Lenkerville
Lenkerville is roughly 5 miles north of New Buffalo. Real estate prices there are somewhat less expensive. Lenkerville's median home price is $112,500, which comes out to $13,900 (12%) lower than New Buffalo. The rent there is a little more expensive. In Lenkerville the median monthly rent is $792, which comes out to $154 (19%) higher than New Buffalo.
Millersburg
Millersburg is approximately 5 miles north of New Buffalo. The housing prices there are a bit less expensive. The median home in Millersburg costs $101,300, which works out to $25,100 (24%) lower than New Buffalo. Its rents are similar. In Millersburg the median monthly rent is $641, which is very similar to New Buffalo.
Dauphin
Dauphin is about 6 miles south of New Buffalo. Housing prices there are a bit more expensive. The median home in Dauphin is valued at $158,200, which comes out to $31,800 (20%) higher than New Buffalo. Rents there are a little more expensive. Dauphin's median monthly rent is $725, which works out to $87 (12%) higher than New Buffalo.
