The housing market in Newton, MS is a thriving one. The median value of houses in Newton is $109,500, which is significantly lower than the US median value of $338,100. Despite this difference, the 1 year appreciation rate for homes in Newton is 12.50%, compared to the 8.27% national average. This shows that Newton's real estate market has had a successful period of growth and can be an attractive option for buyers looking for an affordable home with good prospects for future gain.
The median home cost in Newton is $109,500. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Newton is up 14.5%.
Average Age of Homes
- The median age of Newton real estate is 45 years old
The Rental Market in Newton
- Renters make up 30.8% 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.