Much like the surrounding areas, it is a little less expensive compared to the US as a whole. Compared to the city of Milwaukee however, it is substantially more expensive.
Home prices
The value of the median home in Newburg is $189,900. This is approximately $5,660 (2%) lower in comparison to nearby areas.It is about $27,600 (12%) lower compared to the country as a whole, and compared to the city of Milwaukee is roughly $67,800 (55%) higher.
Rents
Newburg's median rent is $910 per month. Compared to the surrounding areas it is approximately $69 (8%) higher.In comparison to the rest of the nation it is roughly $152 (14%) lower, and compared to the city of Milwaukee it is about $52 (6%) higher.
Nearby places
Waubeka
Waubeka is roughly 3 miles northeast of Newburg. Housing prices there are a little more expensive. The median home in Waubeka costs $218,300, which works out to $28,400 (13%) higher than Newburg. The rent there is a little less expensive. The median rent in Waubeka is $821 a month, which comes out to $89 (10%) lower than Newburg.
Fredonia
Fredonia is approximately 4 miles northeast of Newburg. The housing prices there are fairly similar. The cost of the median home in Fredonia is $198,800, which comes out to $8,900 (4%) higher than Newburg. The rent there is similar. The median monthly rent in Fredonia is $908, which is very similar to Newburg.
Saukville
Saukville is roughly 5 miles southeast of Newburg. Real estate prices there are pretty similar. The median home in Saukville is valued at $188,300, which is very similar to Newburg. Rents there are a little less expensive. In Saukville the median monthly rent is $730, which comes out to $180 (24%) lower than Newburg.
West Bend
West Bend is roughly 5 miles west of Newburg. The real estate prices there are a little less expensive. The median home value in West Bend is $174,500, which is $15,400 (8%) lower than Newburg. The rent there is somewhat less expensive. West Bend's median rent is $858 per month, which works out to $52 (6%) lower than Newburg.
Port Washington
Port Washington is about 7 miles southeast of Newburg. Real estate prices there are fairly similar. The median home value in Port Washington is $197,900, which works out to $8,000 (4%) higher than Newburg. Its rents are fairly similar. In Port Washington the median monthly rent is $890, which comes out to $20 (2%) lower than Newburg.
