Home prices
New Britain's median home price is $160,800. In comparison to nearby areas this is approximately $94,840 (37%) lower.In comparison to the rest of the country it is approximately $56,700 (26%) lower, and compared to the city of New York is approximately $445,200 (73%) lower.
Rents
The median rent in New Britain is $1,025 per month. Compared to nearby areas this is roughly $157 (13%) lower.In comparison to the nation as a whole it is roughly $37 (3%) lower, and is about $418 (28%) lower in comparison to the city of New York.
Nearby places
Newington
Newington is New Britain's neighbor to the east. Its real estate prices are a little more expensive. The median home in Newington is valued at $230,500, which is $69,700 (30%) higher than New Britain. Its rents are somewhat more expensive. In Newington the median monthly rent is $1,263, which comes out to $238 (18%) higher than New Britain.
Kensington
Kensington is New Britain's neighbor to the south. Real estate prices there are significantly more expensive. Kensington's median home value is $260,300, which works out to $99,500 (38%) higher than New Britain. The rent there is a bit more expensive. The median monthly rent in Kensington is $1,244, which comes out to $219 (17%) higher than New Britain.
Wethersfield
Wethersfield is about 5 miles east of New Britain. The real estate prices there are significantly more expensive. The median home value in Wethersfield is $255,300, which works out to $94,500 (37%) higher than New Britain. Its rents are similar. Wethersfield's median rent is $1,052 a month, which comes out to $27 (2%) higher than New Britain.
West Hartford
West Hartford is approximately 6 miles north from New Britain. Housing prices there are substantially more expensive. The median home price in West Hartford is $334,300, which works out to $173,500 (51%) higher than New Britain. Rent there is a little more expensive. The median rent in West Hartford is $1,325 per month, which is $300 (22%) higher than New Britain.
Bristol
Bristol is approximately 6 miles west from New Britain. Its real estate prices are somewhat more expensive. The cost of the median home in Bristol is $197,800, which works out to $37,000 (18%) higher than New Britain. Rents there are similar. In Bristol the median monthly rent is $1,027, which is very similar to New Britain.