Much like nearby areas, it's a lot less expensive compared to the rest of the country. However compared to the city of Fort Dodge, it is a bit less expensive.
Home prices
The value of the median home in Newell is $81,100. This is about $2,080 (2%) lower in comparison to its surrounding areas.Compared to the US as a whole it is roughly $136,400 (62%) lower, and compared to the city of Fort Dodge is about $12,500 (13%) lower.
Rents
The median monthly rent in Newell is $497. In comparison to other places in this area it is approximately $147 (22%) lower.Compared to the entire nation it is approximately $565 (53%) lower, and it is roughly $155 (23%) lower compared to the city of Fort Dodge.
Nearby places
Fonda
Fonda is about 7 miles east of Newell. Housing prices there are substantially less expensive. Fonda's median home cost is $60,000, which comes out to $21,100 (35%) lower than Newell. The rent there is a bit more expensive. In Fonda the median monthly rent is $549, which is $52 (9%) higher than Newell.
Nemaha
Nemaha is about 7 miles southwest from Newell. The real estate prices there are significantly less expensive. The median home cost in Nemaha is $45,800, which comes out to $35,300 (77%) lower than Newell. Rents there are a little more expensive. Nemaha's median monthly rent is $621, which comes out to $124 (19%) higher than Newell.
Lakeside
Lakeside is about 7 miles west from Newell. The housing prices there are substantially more expensive. The median home in Lakeside is valued at $138,800, which comes out to $57,700 (41%) higher than Newell. Its rents are significantly more expensive. In Lakeside the median monthly rent is $735, which is $238 (32%) higher than Newell.
Storm Lake
Storm Lake is approximately 8 miles west of Newell. Real estate prices there are substantially more expensive. The price of the median home in Storm Lake is $121,300, which is $40,200 (33%) higher than Newell. Its rents are somewhat more expensive. Storm Lake's median rent is $695 a month, which works out to $198 (28%) higher than Newell.
Truesdale
Truesdale is approximately 11 miles northwest from Newell. Real estate prices there are substantially less expensive. The median home value in Truesdale is $50,000, which is $31,100 (62%) lower than Newell. Its rents are somewhat more expensive. The median monthly rent in Truesdale is $620, which comes out to $123 (19%) higher than Newell.
