Housing in Newton, MA is significantly above the US median value of $338,100. The median value for Newton, MA is currently $1,250,900 which is more than three times the national median. While the US has seen a one year house appreciation of 8.27%, Newton, MA has enjoyed a 16.14% appreciation over the same period of time. This makes Newton an attractive place to invest in real estate and bodes well for potential homeowners in the area looking to buy property.
The median home cost in Newton is $1,250,900. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Newton is up 10.8%.
Average Age of Homes
- The median age of Newton real estate is 78 years old
The Rental Market in Newton
- Renters make up 28.9% of the Newton population
- 0.4% of houses and apartments in Newton, 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.