Newtown, CT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Newtown, CT Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Newtown Housing Market Information

With 27,965 people, 9,749 houses or apartments, and a median cost of homes of $436,634, 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 88.99% 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 ( 4.36%), large apartment complexes or high rise apartments ( 3.35%), and a few row houses and other attached homes ( 2.28%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Newtown. Owner-occupied housing accounts for 84.18% of Newtown's homes, and 72.91% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Newtown built from 1970 to 1999 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 between 1940-1969 ( 29.91%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.91%). There's also some housing in Newtown built before 1939 ( 13.09%).

Newtown Home Appreciation Rates

Homes have actually lost value in Newtown over the last then years, as home values have seen a decline of 14.58% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Newtown home appreciation rates at 0.88%, which equates to an annual appreciation rate of 3.58%.

NeighborhoodScout's data show that during the latest twelve months, Newtown's appreciation rate, at 4.00%, has been at or slightly above the national average. In the latest quarter, Newtown's appreciation rate has been 0.88%, which annualizes to a rate of 3.58%.

Relative to Connecticut, our data show that Newtown's latest annual appreciation rate is higher than 70% 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 2000, to assist you in making the best Newtown real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$436,634

Newtown, CT HOME PRICES

Value Range
> $1,055,000 2.5
$791,001 - $1,055,000 5.0
$527,001 - $791,000 21.9
$422,001 - $527,000 21.4
$316,001 - $422,000 28.2
$211,001 - $316,000 14.6
$106,001 - $211,000 4.0
$53,001 - $106,000 0.5
$0 - $53,000 2.0

Very High for CT
Very High for Nation

Value Relative to Nation Value Relative to State
9.37810218978102 12.4260355029586

Number Of Homes And Apartments:
9,749

Newtown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CT*
Compared To
America*
Latest Quarter:
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
Since 2000:
2000 Q1 - 2019 Q1
18.61% 0.89%
2
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,777 / per month

Homeownership Rate

Homeownership
Owners 84.18
Renters 15.82
Vacant 5.18

Housing Market Details

 

Age of Homes

AGE OF Newtown HOMES
2000 or Newer 13.9
1970 - 1999 43.1
1940 - 1969 29.9
1939 or Older 13.1

Types of Homes

TYPE OF Newtown HOMES
Single-Family 89.0
Townhomes 2.3
Small Apt. Buildings 4.4
Apt. Complexes 3.3
Mobile Homes 1.0
Other 0.0

Home Size

SIZE OF Newtown HOMES
No Bedroom 1.02
1 Bedroom 6.62
2 Bedrooms 12.12
3 Bedrooms 32.51
4 Bedrooms 40.40
5 or more bedrooms 7.32