The housing in Newton, TX (75966) is quite affordable, with the median value being $128,900. This is significantly lower than the US house median value of $338,100. However, over the past year, this area has seen an impressive appreciation of 16.22%, which is higher than the US 1-year house appreciation at 8.27%. Thus, while it may be cheaper to purchase a home in this area initially, there is potential for higher returns on investment in the long run.
The median home cost in Newton (zip 75966) is $128,900. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Newton (zip 75966) is up 19.7%.
Average Age of Homes
- The median age of Newton (zip 75966) real estate is 40 years old
The Rental Market in Newton (zip 75966)
- Renters make up 21.5% of the Newton (zip 75966) population
- 2.5% of houses and apartments in Newton (zip 75966), 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.