Newton Falls, OH has a notably lower median housing value than the US average, but it is still appreciating at a higher rate than the national average. Over the past year, the median housing value in Newton Falls has increased by 10.54%, making it an attractive option for those looking to invest in real estate in this area. This appreciation could be a sign of growing demand or other economic factors. Regardless, investment in real estate here can prove to be lucrative as long as property values continue to increase.
The median home cost in Newton Falls is $135,300. Home appreciation the last 10 years has been 74.9%. Home Appreciation in Newton Falls is up 14.4%.
Average Age of Homes
- The median age of Newton Falls real estate is 55 years old
The Rental Market in Newton Falls
- Renters make up 47.3% of the Newton Falls population
- 1.6% of houses and apartments in Newton Falls, 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.