Housing in Newell, CA is quite affordable when compared to the national median value of $338,100. The median housing value in Newell is significantly lower at $198,100. However, this doesn't mean that houses in Newell don't appreciate. Over the course of a year, homes have appreciated at a rate of 3.89% which is lower than the national appreciation rate of 8.27%. This demonstrates that Newell remains an attractive option for buyers looking for affordable housing and steady returns on their investment over time.
The median home cost in Newell is $198,100. Home appreciation the last 10 years has been 128.2%. Home Appreciation in Newell is up 8.6%.
Average Age of Homes
- The median age of Newell real estate is 55 years old
The Rental Market in Newell
- Renters make up 25.0% of the Newell population
- 0.0% of houses and apartments in Newell, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.