Home prices
The price of the median home in Newburgh is $159,000. In comparison to nearby areas it is roughly $78,240 (32%) lower.Compared to the nation as a whole it is approximately $58,500 (26%) lower, and compared to the city of New York it is approximately $447,000 (73%) lower.
Rents
The median rent in Newburgh is $1,114 per month. In comparison to other places in this area it is roughly $258 (18%) lower.Compared to the United States as a whole it is approximately $52 (4%) higher, and it is roughly $329 (22%) lower compared to the city of New York.
Nearby places
Balmville
Balmville is Newburgh's neighbor to the north. Real estate prices there are significantly more expensive. The price of the median home in Balmville is $262,800, which is $103,800 (39%) higher than Newburgh. Rent there is substantially more expensive. In Balmville the median monthly rent is $1,754, which is $640 (36%) higher than Newburgh.
New Windsor
New Windsor is Newburgh's neighbor to the south. Housing prices there are somewhat more expensive. The median home in New Windsor is valued at $231,800, which works out to $72,800 (31%) higher than Newburgh. Rents there are a bit more expensive. In New Windsor the median rent is $1,272 per month, which works out to $158 (12%) higher than Newburgh.
Gardnertown
Gardnertown is Newburgh's neighbor to the northwest. Its real estate prices are a bit more expensive. The median home in Gardnertown costs $218,700, which comes out to $59,700 (27%) higher than Newburgh. Rent there is a bit more expensive. In Gardnertown the median rent is $1,234 per month, which is $120 (9%) higher than Newburgh.
Beacon
Beacon is roughly 2 miles east of Newburgh. Its real estate prices are substantially more expensive. The median home in Beacon costs $278,700, which is $119,700 (42%) higher than Newburgh. Its rents are a little more expensive. Beacon's median monthly rent is $1,323, which is $209 (15%) higher than Newburgh.
Vails Gate
Vails Gate is roughly 3 miles southwest of Newburgh. The housing prices there are a little more expensive. The median home in Vails Gate is valued at $194,200, which is $35,200 (18%) higher than Newburgh. The rent there is a little more expensive. The median rent in Vails Gate is $1,277 per month, which is $163 (12%) higher than Newburgh.