Newton, IA


Highest Appreciating Newton Neighborhoods Since 2000

Newton, IA 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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Newton Housing Market Information

With 15,125 people, 6,232 houses or apartments, and a median cost of homes of $118,085, house prices in Newton are solidly below the national average.

Single-family detached homes are the single most common housing type in Newton, accounting for 70.62% of the city's housing units. Other types of housing that are prevalent in Newton include large apartment complexes or high rise apartments ( 18.50%), duplexes, homes converted to apartments or other small apartment buildings ( 6.29%), and a few row houses and other attached homes ( 3.65%).

The most prevalent building size and type in Newton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.30% owning and 36.70% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Newton's housing was primarily built during this period, from the '40s through the '60s. A full 38.99% of the city's housing hails from this era. Other housing ages represented in Newton include homes built between 1970-1999 ( 27.24%) and housing constructed before 1939 ( 25.46%). There's also some housing in Newton built between 2000 and later ( 8.32%).

Vacant housing appears to be an issue in Newton. Fully 13.88% of the housing stock is classified as vacant. Left unchecked, vacant Newton homes and apartments can be a drag on the real estate market, holding Newton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Newton Home Appreciation Rates

Real estate appreciation rates in Newton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.38% during the period.

Over the last year, Newton appreciation rates have trailed the rest of the nation. In the last twelve months, Newton's appreciation rate has been 2.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Newton were at 0.99%, which equates to an annual appreciation rate of 4.00%.

Relative to Iowa, our data show that Newton's latest annual appreciation rate is lower than 80% of the other cities and towns in Iowa.

Average Home Values


Median Home Value:


Value Range
> $1,051,000 0.9
$788,001 - $1,051,000 0.0
$526,001 - $788,000 0.6
$420,001 - $526,000 0.2
$315,001 - $420,000 0.9
$210,001 - $315,000 5.3
$105,001 - $210,000 38.5
$53,001 - $105,000 44.6
$0 - $53,000 8.9

Average for IA
Low for Nation

Value Relative to Nation Value Relative to State
66.6119770303527 56.2962962962963

Number Of Homes And Apartments:

Newton Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
5.82% 0.33% 1 1
* 10 is highest

Rent & Ownership


Average Market Rent:
$883 / per month

Homeownership Rate

Owners 63.30
Renters 36.70
Vacant 13.88

Housing Market Details


Age of Homes

2000 or Newer 8.3
1970 - 1999 27.2
1940 - 1969 39.0
1939 or Older 25.5

Types of Homes

Single-Family 70.6
Townhomes 3.6
Small Apt. Buildings 6.3
Apt. Complexes 18.5
Mobile Homes 0.9
Other 0.0

Home Size

No Bedroom 1.30
1 Bedroom 14.50
2 Bedrooms 30.17
3 Bedrooms 40.71
4 Bedrooms 12.23
5 or more bedrooms 1.09

Zip Codes in Newton, IA