Home prices
The median home in Newell costs $46,500. Compared to its surrounding areas this is roughly $23,120 (33%) lower.In comparison to the country as a whole it is roughly $171,000 (78%) lower, and it is roughly $23,100 (33%) lower compared to the city of Cleveland.
Rents
Newell's median monthly rent is $625. In comparison to other places in this area this is roughly $8 (1%) higher.Compared to the entire country it is roughly $437 (41%) lower, and it is about $94 (13%) lower compared to the city of Cleveland.
Nearby places
Chester
Chester is Newell's neighbor to the east. Its housing prices are significantly more expensive. The price of the median home in Chester is $91,200, which comes out to $44,700 (49%) higher than Newell. Its rents are fairly similar. The median monthly rent in Chester is $605, which comes out to $20 (3%) lower than Newell.
East Liverpool
East Liverpool is Newell's neighbor to the northeast. Real estate prices there are a bit more expensive. The median home cost in East Liverpool is $55,600, which is $9,100 (16%) higher than Newell. Rents there are pretty similar. In East Liverpool the median monthly rent is $649, which comes out to $24 (3%) higher than Newell.
La Croft
La Croft is roughly 1 mile north from Newell. Real estate prices there are significantly more expensive. The median home in La Croft costs $70,400, which works out to $23,900 (33%) higher than Newell. Its rents are somewhat more expensive. La Croft's median monthly rent is $771, which works out to $146 (18%) higher than Newell.
Wellsville
Wellsville is roughly 2 miles west from Newell. Housing prices there are a bit more expensive. The median home in Wellsville is valued at $49,000, which is $2,500 (5%) higher than Newell. The rent there is somewhat less expensive. In Wellsville the median rent is $514 a month, which comes out to $111 (21%) lower than Newell.
Glenmoor
Glenmoor is approximately 3 miles north from Newell. Its real estate prices are a lot more expensive. Glenmoor's median home cost is $81,900, which works out to $35,400 (43%) higher than Newell. Rent there is somewhat less expensive. In Glenmoor the median monthly rent is $548, which comes out to $77 (14%) lower than Newell.
