The housing market in Newton, IA is a great option for potential buyers looking to invest. According to the most recent data, the median value of a house in Newton, IA is $150,900 which is much lower than the US House median value of $338,100. Over the past year, house appreciation in Newton has been 13.50%, higher than the US 1-year house appreciation rate of 8.27%. This indicates a strong real estate market which could be an attractive opportunity for buyers.
The median home cost in Newton is $150,900. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Newton is up 15.8%.
Average Age of Homes
- The median age of Newton real estate is 59 years old
The Rental Market in Newton
- Renters make up 32.8% of the Newton population
- 3.9% 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.