Home prices
Newell's median home price is $74,500. In comparison to the surrounding areas this is roughly $67,680 (47%) lower.In comparison to the rest of the nation it is about $143,000 (65%) lower, and in comparison to the city of Rapid City is about $110,200 (59%) lower.
Rents
Newell's median monthly rent is $415. It is approximately $308 (42%) lower compared to nearby areas.It is approximately $647 (60%) lower compared to the nation as a whole, and it is approximately $422 (50%) lower compared to the city of Rapid City.
Nearby places
Nisland
Nisland is approximately 6 miles southwest from Newell. The real estate prices there are a little more expensive. The median home in Nisland costs $90,300, which is $15,800 (17%) higher than Newell. The rent there is significantly more expensive. Nisland's median monthly rent is $875, which is $460 (52%) higher than Newell.
Belle Fourche
Belle Fourche is roughly 18 miles west of Newell. Real estate prices there are a lot more expensive. The median home in Belle Fourche is valued at $131,500, which comes out to $57,000 (43%) higher than Newell. Rents there are significantly more expensive. The median monthly rent in Belle Fourche is $705, which comes out to $290 (41%) higher than Newell.
Whitewood
Whitewood is about 18 miles southwest from Newell. Housing prices there are significantly more expensive. The median home in Whitewood is valued at $114,400, which is $39,900 (34%) higher than Newell. Rents there are significantly more expensive. Whitewood's median rent is $744 per month, which works out to $329 (44%) higher than Newell.
Sturgis
Sturgis is roughly 19 miles south of Newell. Its real estate prices are a lot more expensive. Sturgis's median home cost is $162,000, which comes out to $87,500 (54%) higher than Newell. The rent there is a bit more expensive. The median monthly rent in Sturgis is $530, which works out to $115 (21%) higher than Newell.
Spearfish
Spearfish is about 21 miles southwest from Newell. Housing prices there are significantly more expensive. Spearfish's median home price is $212,700, which is $138,200 (64%) higher than Newell. Rent there is substantially more expensive. In Spearfish the median rent is $763 per month, which works out to $348 (45%) higher than Newell.
