Home prices
The median home in New Salem costs $141,200. This is roughly $20,180 (16%) higher in comparison to its nearby areas.It is roughly $76,300 (35%) lower compared to the rest of the nation, and in comparison to the city of Bismarck it is roughly $104,100 (42%) lower.
Rents
New Salem's median monthly rent is $658. Compared to other places in this area this is roughly $83 (11%) lower.In comparison to the nation as a whole it is roughly $404 (38%) lower, and in comparison to the city of Bismarck it is roughly $209 (24%) lower.
Nearby places
Almont
Almont is roughly 7 miles southwest of New Salem. The real estate prices there are substantially less expensive. The median home cost in Almont is $48,800, which is $92,400 (189%) lower than New Salem. The rent there is pretty similar. The median monthly rent in Almont is $675, which works out to $17 (2%) higher than New Salem.
Glen Ullin
Glen Ullin is about 16 miles west from New Salem. Its housing prices are substantially less expensive. The median home cost in Glen Ullin is $104,400, which works out to $36,800 (35%) lower than New Salem. Its rents are somewhat more expensive. Glen Ullin's median monthly rent is $818, which works out to $160 (19%) higher than New Salem.
Center
Center is approximately 17 miles north of New Salem. Real estate prices there are a bit more expensive. The value of the median home in Center is $155,200, which is $14,000 (9%) higher than New Salem. Its rents are a bit less expensive. The median rent in Center is $517 per month, which is $141 (27%) lower than New Salem.
Mandan
Mandan is about 21 miles east from New Salem. Real estate prices there are a lot more expensive. The median home in Mandan is valued at $215,300, which is $74,100 (34%) higher than New Salem. Rent there is somewhat more expensive. The median monthly rent in Mandan is $868, which works out to $210 (24%) higher than New Salem.
Flasher
Flasher is approximately 24 miles south of New Salem. The real estate prices there are significantly less expensive. The median home in Flasher is valued at $81,400, which is $59,800 (73%) lower than New Salem. Rents there are a bit more expensive. In Flasher the median monthly rent is $825, which works out to $167 (20%) higher than New Salem.