Home prices
The median home in New Fairview is valued at $105,300. Compared to its nearby areas this is about $106,480 (50%) lower.In comparison to the country as a whole it is approximately $112,200 (51%) lower, and in comparison to the city of Dallas it is approximately $82,800 (44%) lower.
Rents
New Fairview's median monthly rent is $1,297. In comparison to its surrounding areas it is about $94 (7%) higher.It is about $235 (22%) higher in comparison to the entire country, and in comparison to the city of Dallas it is about $245 (23%) higher.
Nearby places
Rhome
Rhome is about 3 miles southwest from New Fairview. The real estate prices there are somewhat more expensive. The price of the median home in Rhome is $136,500, which is $31,200 (22%) higher than New Fairview. Rents there are substantially less expensive. Rhome's median monthly rent is $908, which is $389 (42%) lower than New Fairview.
Aurora
Aurora is roughly 5 miles southwest from New Fairview. Its housing prices are substantially more expensive. The median home value in Aurora is $262,000, which comes out to $156,700 (59%) higher than New Fairview. The rent there is a little less expensive. In Aurora the median monthly rent is $1,145, which works out to $152 (13%) lower than New Fairview.
Boyd
Boyd is approximately 6 miles west of New Fairview. Real estate prices there are a bit more expensive. The median home in Boyd costs $122,500, which comes out to $17,200 (14%) higher than New Fairview. The rent there is significantly less expensive. Boyd's median rent is $935 a month, which works out to $362 (38%) lower than New Fairview.
DISH
DISH is approximately 7 miles east from New Fairview. Housing prices there are a lot more expensive. The median home value in DISH is $329,100, which comes out to $223,800 (68%) higher than New Fairview. Rents there are a little more expensive. DISH's median rent is $1,375 per month, which works out to $78 (5%) higher than New Fairview.
Justin
Justin is about 7 miles east of New Fairview. Its housing prices are significantly more expensive. The median home in Justin costs $208,800, which comes out to $103,500 (49%) higher than New Fairview. Rent there is a bit more expensive. Justin's median rent is $1,651 per month, which is $354 (21%) higher than New Fairview.