The housing market in Newton, IN County is thriving. The median value of homes in the area is $183,700, which is significantly lower than the US House Median Value of $338,100. In addition, house appreciation within Newton County over the past year saw an increase of 9.59%, which is higher than the US 1 year House Appreciation rate of 8.27%. This indicates that houses within Newton County are gaining value quickly and could be a great investment for potential buyers.
The median home cost in Newton County is $183,700. Home appreciation the last 10 years has been 81.8%. Home Appreciation in Newton County is up 14.5%.
Average Age of Homes
- The median age of Newton County real estate is 48 years old
The Rental Market in Newton County
- Renters make up 21.0% of the Newton County population
- 0.8% of houses and apartments in Newton County, 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.