Newtown appreciation rates and housing market information

Newtown housing market information

With a population of 25,031, 8,601 total housing units (homes and apartments), and a median house value of $529,818, Newtown house prices are not only among the most expensive in Connecticut, Newtown real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Newtown, accounting for 92.77% of the town's housing units. Other types of housing that are prevalent in Newtown include duplexes, homes converted to apartments, or other small apartment buildings (3.14%), row houses and other attached homes (2.20%), mobile homes or trailers (1.17%), and a few large apartment complexes or high rise apartments (0.72%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Newtown. Owner-occupied housing accounts for 89.08% of Newtown's homes, and 77.52% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Newtown built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Newtown built from 1940-1969 (35.02%). A lesser amount of the housing stock also hails from 1995 and later (15.35%), and some were built from 1939 and earlier (15.35%).

Newtown home appreciation rates

Appreciation rates for homes in Newtown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 85.23%, which ranks in the top 40% nationwide. This equates to an annual average Newtown house appreciation rate of 8.52%.

Over the last year, Newtown appreciation rates have trailed the rest of the nation. In the last twelve months, Newtown's appreciation rate has been -5.73%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Newtown were at 0.04%, which equates to an annual appreciation rate of 0.16%.

Relative to Connecticut, our data show that Newtown's latest annual appreciation rate is higher than 38% of the other cities and towns in Connecticut.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Newtown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Newtown - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Newtown real estate investment or home purchase decisions.