The housing market in 50208 Newton, IA is in a strong position compared to the US house median value of $338,100. The median housing value in Newton is $163,100 which is lower than the US median but has seen an impressive 13.50% appreciation rate over the last year. This is above the average 8.27% across the US and offers a great opportunity for investors and homeowners looking to add value to their homes in this area.
The median home cost in Newton (zip 50208) is $163,100. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Newton (zip 50208) is up 15.8%.
Average Age of Homes
- The median age of Newton (zip 50208) real estate is 56 years old
The Rental Market in Newton (zip 50208)
- Renters make up 29.6% of the Newton (zip 50208) population
- 3.4% of houses and apartments in Newton (zip 50208), 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.