Home prices
The median home in New Era costs $117,400. It is approximately $15,460 (15%) higher compared to other places in this area.It is approximately $100,100 (46%) lower compared to the country as a whole, and is roughly $26,000 (18%) lower in comparison to the city of Grand Rapids.
Rents
The median monthly rent in New Era is $638. It is roughly $33 (4%) lower compared to its surrounding areas.Compared to the nation as a whole it is about $424 (39%) lower, and it is approximately $287 (31%) lower compared to the city of Grand Rapids.
Nearby places
Rothbury
Rothbury is roughly 2 miles south of New Era. The housing prices there are a bit less expensive. The median home in Rothbury costs $96,500, which is $20,900 (21%) lower than New Era. The rent there is similar. The median monthly rent in Rothbury is $646, which comes out to $8 (1%) higher than New Era.
Shelby
Shelby is approximately 3 miles north of New Era. The housing prices there are substantially less expensive. The cost of the median home in Shelby is $87,700, which comes out to $29,700 (33%) lower than New Era. Its rents are a little more expensive. The median rent in Shelby is $728 per month, which comes out to $90 (12%) higher than New Era.
Hart
Hart is roughly 8 miles north of New Era. The real estate prices there are a lot less expensive. The cost of the median home in Hart is $86,700, which comes out to $30,700 (35%) lower than New Era. Its rents are somewhat more expensive. The median rent in Hart is $674 per month, which comes out to $36 (5%) higher than New Era.
Montague
Montague is about 9 miles south from New Era. Its housing prices are similar. The median home price in Montague is $114,700, which works out to $2,700 (2%) lower than New Era. The rent there is similar. The median monthly rent in Montague is $637, which is very similar to New Era.
Whitehall
Whitehall is roughly 10 miles south of New Era. Real estate prices there are a bit more expensive. Whitehall's median home cost is $124,100, which works out to $6,700 (5%) higher than New Era. Its rents are pretty similar. In Whitehall the median rent is $671 a month, which comes out to $33 (4%) higher than New Era.