Home prices
The price of the median home in New Salem is $83,200. Compared to nearby areas it is about $16,140 (24%) higher.It is roughly $134,300 (61%) lower in comparison to the United States as a whole, and it is about $55,500 (40%) lower in comparison to the city of St. Louis.
Rents
New Salem's median rent is $671 per month. In comparison to its nearby areas it is about $124 (22%) higher.It is about $391 (36%) lower in comparison to the entire nation, and it is roughly $157 (18%) lower in comparison to the city of St. Louis.
Nearby places
Baylis
Baylis is about 3 miles northwest from New Salem. The housing prices there are significantly less expensive. The median home in Baylis is valued at $36,300, which is $46,900 (129%) lower than New Salem. Rents there are substantially less expensive. Baylis's median monthly rent is $450, which is $221 (49%) lower than New Salem.
Griggsville
Griggsville is about 5 miles east of New Salem. Its housing prices are a little less expensive. Griggsville's median home price is $71,800, which works out to $11,400 (15%) lower than New Salem. Its rents are pretty similar. Griggsville's median rent is $660 a month, which is $11 (1%) lower than New Salem.
Pittsfield
Pittsfield is about 6 miles southeast of New Salem. Its real estate prices are a little more expensive. The median home in Pittsfield costs $98,400, which works out to $15,200 (15%) higher than New Salem. Rents there are a little less expensive. The median monthly rent in Pittsfield is $594, which comes out to $77 (12%) lower than New Salem.
Perry
Perry is about 6 miles northeast of New Salem. Its housing prices are significantly less expensive. Perry's median home value is $60,700, which works out to $22,500 (37%) lower than New Salem. Rents there are substantially less expensive. Perry's median monthly rent is $475, which works out to $196 (41%) lower than New Salem.
Barry
Barry is approximately 8 miles west of New Salem. The housing prices there are a bit less expensive. The median home in Barry is valued at $68,100, which is $15,100 (22%) lower than New Salem. Rents there are a little less expensive. The median monthly rent in Barry is $555, which works out to $116 (20%) lower than New Salem.
