Housing in Newton, AL is a great investment. The median value of homes is $212,000, which is significantly lower than the US House Median Value of $338,100. Additionally, house appreciation over the past year in Newton has been 10.93%, higher than the US 1 year House Appreciation rate of 8.27%. This indicates that housing in Newton is becoming increasingly valuable at a faster rate than the rest of the US, making it an attractive option for both buyers and sellers.
The median home cost in Newton is $212,000. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Newton is up 12.8%.
Average Age of Homes
- The median age of Newton real estate is 42 years old
The Rental Market in Newton
- Renters make up 25.5% of the Newton population
- 0.0% 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.