Home prices
The median home cost in New Summerfield is $75,500. It is roughly $11,720 (13%) lower in comparison to other places in this area.It is about $142,000 (65%) lower compared to the country as a whole, and it is roughly $72,600 (49%) lower in comparison to the city of Shreveport.
Rents
In New Summerfield the median monthly rent is $458. It is approximately $316 (40%) lower in comparison to its nearby areas.It is about $604 (56%) lower compared to the US as a whole, and compared to the city of Shreveport it is about $354 (43%) lower.
Nearby places
Gallatin
Gallatin is approximately 6 miles south from New Summerfield. Its real estate prices are a little more expensive. Gallatin's median home value is $83,900, which works out to $8,400 (10%) higher than New Summerfield. The rent there is a little more expensive. In Gallatin the median rent is $550 a month, which is $92 (16%) higher than New Summerfield.
Jacksonville
Jacksonville is roughly 7 miles west of New Summerfield. Its real estate prices are a bit more expensive. The median home in Jacksonville costs $89,000, which comes out to $13,500 (15%) higher than New Summerfield. The rent there is significantly more expensive. The median rent in Jacksonville is $719 per month, which comes out to $261 (36%) higher than New Summerfield.
Reklaw
Reklaw is roughly 10 miles southeast of New Summerfield. Its real estate prices are somewhat more expensive. The median home in Reklaw is valued at $87,900, which comes out to $12,400 (14%) higher than New Summerfield. Rent there is substantially more expensive. Reklaw's median monthly rent is $782, which is $324 (41%) higher than New Summerfield.
Troup
Troup is approximately 12 miles north of New Summerfield. Its housing prices are a bit more expensive. The median home in Troup is valued at $91,000, which comes out to $15,500 (17%) higher than New Summerfield. Rents there are significantly more expensive. The median rent in Troup is $896 a month, which works out to $438 (48%) higher than New Summerfield.
Rusk
Rusk is roughly 13 miles south from New Summerfield. The real estate prices there are a bit more expensive. The median home cost in Rusk is $84,300, which works out to $8,800 (10%) higher than New Summerfield. The rent there is substantially more expensive. The median monthly rent in Rusk is $921, which is $463 (50%) higher than New Summerfield.