Zip 02458 (Newton, MA) Housing

The housing market in Newton, MA (02458) is booming. The median value of homes in this area is currently $1,071,200, which is over three times the US median value of $338,100. Furthermore, the 1 year house appreciation rate for Newton was 16.14%, almost double the US rate of 8.27%. These statistics point to a raging real estate market in Newton with high demand for housing and a lot of upward pressure on prices.

The median home cost in Newton (zip 02458) is $1,071,200. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Newton (zip 02458) is up 10.8%.

Average Age of Homes

- The median age of Newton (zip 02458) real estate is 78 years old

The Rental Market in Newton (zip 02458)

- Renters make up 39.4% of the Newton (zip 02458) population
- 0.9% of houses and apartments in Newton (zip 02458), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Newton, Massachusetts	United States
	5,054.0	139,647,020.0
	61	42
	$1,071,200	$338,100
	10.8%	16.6%
	29.5%	57.0%
	77.1%	101.1%
	$9.77	$10.98
	$8,716	$2,690
	61.1%	57.4%
	3.6%	11.2%
	35.3%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.5%	0.4%
	0.3%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.4%	3.9%
	0.7%	4.5%
	0.0%	11.3%
	0.4%	13.0%
	0.3%	20.1%
	2.2%	13.6%
	6.5%	8.3%
	22.3%	9.7%
	30.2%	3.9%
	20.4%	2.2%
	9.6%	0.8%
	6.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.1%	13.6%
	7.1%	13.6%
	2.3%	13.6%
	5.9%	13.2%
	2.4%	14.8%
	2.3%	13.6%
	7.5%	10.0%
	3.5%	4.7%
	64.0%	12.2%

Reviews for Newton

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Molly · Newton, MA

grocery stores

Over 18 years ago

there are 4 grocery stores, 2 within walking distance, and the other two are about a mile away. there is a stop and shop, whole foods, shaws and trader More