The Housing market in Newton, TX is a thriving one. The median value of a house in Newton is $134,000 which is significantly lower than the US median value of $338,100. This makes it an attractive area to buy a home as you can get more for your money. In addition, over the past year, house appreciation in Newton has increased by 16.22%, which is higher than the US appreciation rate of 8.27%. Overall, this makes Newton an appealing location for those looking to invest in housing.
The median home cost in Newton is $134,000. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Newton is up 19.7%.
Average Age of Homes
- The median age of Newton real estate is 43 years old
The Rental Market in Newton
- Renters make up 22.0% of the Newton population
- 1.1% 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.