Home prices
The median home cost in New Effington is $33,300. Compared to its surrounding areas this is approximately $36,180 (52%) lower.It is roughly $184,200 (84%) lower compared to the entire country, and in comparison to the city of Fargo it is roughly $178,800 (84%) lower.
Rents
In New Effington the median rent is $530 a month. Compared to the surrounding areas it is roughly $39 (6%) lower.Compared to the US as a whole it is about $532 (50%) lower, and in comparison to the city of Fargo it is roughly $293 (35%) lower.
Nearby places
Claire City
Claire City is about 7 miles west of New Effington. The real estate prices there are a lot more expensive. The median home in Claire City is valued at $55,000, which comes out to $21,700 (39%) higher than New Effington. Its rents are somewhat more expensive. Claire City's median monthly rent is $558, which comes out to $28 (5%) higher than New Effington.
Rosholt
Rosholt is roughly 7 miles east of New Effington. The real estate prices there are substantially more expensive. The median home in Rosholt costs $100,000, which comes out to $66,700 (66%) higher than New Effington. Rents there are a bit more expensive. The median monthly rent in Rosholt is $750, which works out to $220 (29%) higher than New Effington.
Sisseton
Sisseton is approximately 13 miles southwest of New Effington. Its housing prices are a lot more expensive. Sisseton's median home price is $87,200, which works out to $53,900 (61%) higher than New Effington. Its rents are somewhat more expensive. Sisseton's median monthly rent is $595, which works out to $65 (10%) higher than New Effington.
Hankinson
Hankinson is about 13 miles north of New Effington. Its real estate prices are substantially more expensive. The cost of the median home in Hankinson is $72,700, which works out to $39,400 (54%) higher than New Effington. Its rents are a little less expensive. In Hankinson the median monthly rent is $438, which works out to $92 (21%) lower than New Effington.
Veblen
Veblen is roughly 15 miles west of New Effington. Real estate prices there are fairly similar. The median home price in Veblen is $32,500, which is $800 (2%) lower than New Effington. Rent there is similar. The median monthly rent in Veblen is $506, which works out to $24 (4%) lower than New Effington.