Housing in Newbury

A typical Newbury home is worth roughly $325,000

Typical home value

$325K

IN $260K

Estimate

2-bedroom rent

$1,020

a month, utilities in · HUD

Median tax bill

$1,936

IN $1,614

What kind of housing town is Newbury?

Read from the numbers below. The page puts what stands out first.

Pricier than IN25% above the Indiana typical home.

★ What stands out · Affordability

A typical home costs 3.7 years of income

About the same as across Indiana. Try your own numbers below.

You could afford about

$362,000

Typical Newbury home $325K

That covers a typical Newbury home, with $37K to spare.

The typical home, each month

$1,860

Loan $1,610Tax $160Insurance $90

A two-bedroom rents for about $1,020 a month here, $840 less than owning.

Where your budget reaches nearby

Clay$232K Van Buren$407K Middlebury$387K Eden$434K

How Newbury ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Newbury’s typical property tax (0.60% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,020

Renters already here pay a median of $828, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$810

1 bedroom$830

2 bedrooms$1,020

3 bedrooms$1,300

4 bedrooms$1,360

20%

of households rent · IN 29%

288

renter households

35%

of renters spend 30%+ of income on rent · IN 48%

14%

of the median income, for a two-bedroom

$828

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Elkhart-Goshen, IN MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

80% of Newbury households own their home

Half of Newbury’s homes were built before 1991.

Owners and renters

Own 80%Rent 20%

Indiana: 71% own.

1991

typical home built · IN 1976

$1,936

median property tax bill · IN $1,614

0.60%

of a home’s value, a year in tax · IN 0.74%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Newbury vs. its neighbors

Newbury is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.

Eden$434K Van Buren$407K Middlebury$387K Newbury$325K Clay$232K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Newbury	$325K*	—	$1,020	$88,633
Clay	$232K*	+2.3%†	$970	$100,648
Van Buren	$407K*	—	$980	$100,385
Middlebury	$387K	+6.9%	$1,250	$88,854
Eden	$434K*	—	$1,080	$91,067

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Newbury buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Newbury still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.