Zip 02461 (Newton, MA) Housing

The housing market in 02461 Newton, MA is booming. The median value of homes in this area is $1,196,500, significantly higher than the US median home value of $338,100. In the past year alone, the appreciation rate for homes has risen by 16.14%, more than twice the national average of 8.27%. This indicates that the housing market in 02461 Newton, MA is particularly strong and growing steadily.

The median home cost in Newton (zip 02461) is $1,196,500. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Newton (zip 02461) is up 10.8%.

Average Age of Homes

- The median age of Newton (zip 02461) real estate is 78 years old

The Rental Market in Newton (zip 02461)

- Renters make up 26.0% of the Newton (zip 02461) population
- 0.0% of houses and apartments in Newton (zip 02461), 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
	2,769.0	139,647,020.0
	73	42
	$1,196,500	$338,100
	10.8%	16.6%
	29.5%	57.0%
	77.1%	101.1%
	$11.44	$10.98
	$10,001	$2,690
	73.3%	57.4%
	8.6%	11.2%
	18.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	1.0%	0.4%
	4.0%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.3%	3.9%
	0.0%	4.5%
	0.8%	11.3%
	0.0%	13.0%
	0.0%	20.1%
	1.0%	13.6%
	1.9%	8.3%
	17.9%	9.7%
	36.1%	3.9%
	28.6%	2.2%
	8.3%	0.8%
	4.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	5.0%	13.6%
	4.4%	13.2%
	3.2%	14.8%
	5.0%	13.6%
	18.5%	10.0%
	11.0%	4.7%
	40.8%	12.2%

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