Zip 02460 (Newton, MA) Housing

The housing in 02460 Newton, MA is quite expensive compared to the US house median value of $338,100, with a median value of $1,049,000. Over the past year, the appreciation rate for housing in this area has been much higher than the national average--16.14% versus 8.27%. This high rate of appreciation indicates that residents and property investors are highly interested in this area. With high demand and overall healthy market conditions in Newton, MA, it is an attractive investment opportunity for those who can afford it.

The median home cost in Newton (zip 02460) is $1,049,000. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Newton (zip 02460) is up 10.8%.

Average Age of Homes

- The median age of Newton (zip 02460) real estate is 78 years old

The Rental Market in Newton (zip 02460)

- Renters make up 35.9% of the Newton (zip 02460) population
- 0.8% of houses and apartments in Newton (zip 02460), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Newton, Massachusetts	United States
	4,035.0	139,647,020.0
	61	42
	$1,049,000	$338,100
	10.8%	16.6%
	29.5%	57.0%
	77.1%	101.1%
	$10.56	$10.98
	$9,838	$2,690
	58.5%	57.4%
	6.4%	11.2%
	35.0%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.9%	0.4%
	0.6%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.5%	13.0%
	2.4%	20.1%
	1.9%	13.6%
	4.3%	8.3%
	17.3%	9.7%
	31.6%	3.9%
	20.4%	2.2%
	11.0%	0.8%
	10.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	3.4%	13.6%
	3.4%	13.6%
	4.1%	13.6%
	1.6%	13.2%
	6.7%	14.8%
	4.1%	13.6%
	10.4%	10.0%
	5.7%	4.7%
	59.0%	12.2%

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