Home prices
The median home in Newell costs $55,000. It is about $54,680 (49%) lower in comparison to its surrounding areas.It is approximately $162,500 (74%) lower compared to the rest of the country, and compared to the city of Klamath Falls it is roughly $104,500 (65%) lower.
Rents
Newell's median rent is $663 per month. It is roughly $16 (2%) lower in comparison to other places in this area.It is roughly $399 (37%) lower in comparison to the rest of the country, and it is about $102 (13%) lower in comparison to the city of Klamath Falls.
Nearby places
Tulelake
Tulelake is about 6 miles northwest of Newell. Its housing prices are a little more expensive. The median home in Tulelake costs $79,100, which works out to $24,100 (30%) higher than Newell. The rent there is a bit less expensive. The median rent in Tulelake is $576 per month, which works out to $87 (15%) lower than Newell.
Malin
Malin is approximately 8 miles north of Newell. Real estate prices there are a lot more expensive. Malin's median home cost is $107,100, which is $52,100 (48%) higher than Newell. Rent there is fairly similar. Malin's median monthly rent is $643, which works out to $20 (3%) lower than Newell.
Merrill
Merrill is about 13 miles northwest from Newell. Its real estate prices are substantially more expensive. Merrill's median home cost is $99,000, which is $44,000 (44%) higher than Newell. The rent there is similar. Merrill's median rent is $632 per month, which comes out to $31 (4%) lower than Newell.
Bonanza
Bonanza is about 20 miles north of Newell. Its real estate prices are significantly more expensive. The median home in Bonanza is valued at $160,000, which works out to $105,000 (65%) higher than Newell. Rents there are a little more expensive. In Bonanza the median monthly rent is $867, which comes out to $204 (23%) higher than Newell.
Dorris
Dorris is about 24 miles west from Newell. Its real estate prices are a lot more expensive. The median home in Dorris costs $103,200, which comes out to $48,200 (46%) higher than Newell. Its rents are fairly similar. In Dorris the median rent is $675 a month, which is $12 (1%) higher than Newell.