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Newland, NC

Full City Profile · North Carolina · Avery County County

2.8 /5.0
C+ Fair
815 Population 1,087/sq mi density
$43,429 Median Income $29,798 per capita
$223,800 Home Value $290,652 Zillow
$774 Median Rent 33.2% income on rent
48°F Avg Temperature 298 sunny days/yr
146 Violent Crime/100K 2,485 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$43,429 median income, 5.4% unemployment
B+
Affordability
3.8 / 5.0
$223,800 home value, $774/mo rent
F
Safety
1.0 / 5.0
146 violent crimes/100K
B
Education
3.3 / 5.0
29.3% bachelor's degree or higher

Housing Overview

Median Home Value
$223,800
21% below
US avg: $281,900
Median Rent
$774/mo
33% below
US avg: $1,163/mo
Homeownership Rate
52.6%
20% below US avg (65.4%)
Total Housing Units
433
Median year built: 1970

Home Value by Source

Census Median
$223,800
Zillow (ZHVI)
$290,652
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

52.6%
Owner-Occupied
47.4%
Renter-Occupied
53%
47%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $774/mo

Affordability & Housing Stock

Rent Burden
33.2%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
52.6%

Complete Housing Data

Home Values

Census Median Value$223,800
Zillow Home Value (ZHVI)$290,652

Rent

Census Median Rent$774
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Ownership & Stock

Owner-Occupied52.6%
Renter-Occupied47.4%
Homeownership Rate52.6%
Total Housing Units433
Median Year Built1970
Rent Burden33.2%