Home prices
The median home in New Melle is valued at $303,100. This is approximately $19,140 (6%) higher compared to its surrounding areas.Compared to the entire country it is roughly $85,600 (39%) higher, and in comparison to the city of St. Louis it is approximately $164,400 (118%) higher.
Rents
New Melle's median rent is $1,125 a month. In comparison to its nearby areas it is roughly $156 (16%) higher.In comparison to the United States as a whole it is roughly $63 (5%) higher, and it is about $297 (35%) higher compared to the city of St. Louis.
Nearby places
Lake St. Louis
Lake St. Louis is approximately 6 miles northeast of New Melle. Its housing prices are somewhat less expensive. Lake St. Louis's median home cost is $274,400, which is $28,700 (10%) lower than New Melle. Rents there are similar. The median monthly rent in Lake St. Louis is $1,130, which is very similar to New Melle.
Wentzville
Wentzville is roughly 6 miles north from New Melle. Its housing prices are significantly less expensive. The value of the median home in Wentzville is $228,400, which comes out to $74,700 (32%) lower than New Melle. Rents there are a bit less expensive. The median monthly rent in Wentzville is $1,009, which is $116 (11%) lower than New Melle.
Dardenne Prairie
Dardenne Prairie is roughly 7 miles east from New Melle. Real estate prices there are pretty similar. The median home value in Dardenne Prairie is $301,500, which is very similar to New Melle. Rent there is similar. The median monthly rent in Dardenne Prairie is $1,174, which comes out to $49 (4%) higher than New Melle.
Foristell
Foristell is roughly 7 miles northwest of New Melle. Real estate prices there are a bit more expensive. The median home in Foristell costs $342,000, which is $38,900 (11%) higher than New Melle. Rent there is a lot less expensive. Foristell's median rent is $844 a month, which works out to $281 (33%) lower than New Melle.
Josephville
Josephville is roughly 8 miles northeast of New Melle. Its real estate prices are somewhat less expensive. The median home in Josephville is valued at $273,500, which works out to $29,600 (10%) lower than New Melle. Its rents are substantially less expensive. The median monthly rent in Josephville is $688, which comes out to $437 (63%) lower than New Melle.