Home prices
The price of the median home in New Town is $137,500. Compared to its nearby areas it is roughly $28,740 (26%) higher.In comparison to the nation as a whole it is about $80,000 (36%) lower, and compared to the city of Minot it is approximately $71,200 (34%) lower.
Rents
In New Town the median rent is $692 per month. Compared to its surrounding areas this is about $8 (1%) lower.Compared to the country as a whole it is roughly $370 (34%) lower, and compared to the city of Minot is approximately $226 (24%) lower.
Nearby places
Four Bears Village
Four Bears Village is roughly 4 miles west of New Town. Its housing prices are somewhat less expensive. The median home in Four Bears Village costs $130,400, which works out to $7,100 (5%) lower than New Town. Rent there is a lot less expensive. The median monthly rent in Four Bears Village is $340, which is $352 (103%) lower than New Town.
Parshall
Parshall is about 13 miles east of New Town. Real estate prices there are somewhat more expensive. The median home in Parshall costs $148,100, which is $10,600 (7%) higher than New Town. The rent there is similar. Parshall's median rent is $704 a month, which comes out to $12 (1%) higher than New Town.
Mandaree
Mandaree is about 16 miles southwest from New Town. Housing prices there are significantly less expensive. Mandaree's median home value is $60,000, which is $77,500 (129%) lower than New Town. The rent there is significantly less expensive. The median monthly rent in Mandaree is $463, which comes out to $229 (49%) lower than New Town.
Ross
Ross is about 19 miles north of New Town. The real estate prices there are substantially less expensive. The cost of the median home in Ross is $26,900, which is $110,600 (411%) lower than New Town. The rent there is a lot more expensive. The median monthly rent in Ross is $1,091, which is $399 (36%) higher than New Town.
Stanley
Stanley is roughly 20 miles north from New Town. Real estate prices there are a bit more expensive. Stanley's median home value is $178,400, which works out to $40,900 (22%) higher than New Town. Rents there are a little more expensive. The median monthly rent in Stanley is $903, which comes out to $211 (23%) higher than New Town.
