Newton, MA (02462) is an affluent suburb located in the Greater Boston area. The median value of a house in Newton is $1,101,700 which is far higher than the national median home value of $338,100. In the past year, home values have appreciated by 16.14%, which is significantly more than the US appreciation rate of 8.27%. This shows that Newton remains an attractive option for those looking for a high-end housing market with strong potential for appreciation.
The median home cost in Newton (zip 02462) is $1,101,700. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Newton (zip 02462) is up 10.8%.
Average Age of Homes
- The median age of Newton (zip 02462) real estate is 67 years old
The Rental Market in Newton (zip 02462)
- Renters make up 39.7% of the Newton (zip 02462) population
- 0.0% of houses and apartments in Newton (zip 02462), 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.