Newtown, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Newtown Neighborhoods Since 2000




Newtown, OH 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

Newtown Housing Market Information

With a population of 2,664, 1,088 total housing units (homes and apartments), and a median house value of $323,241, Newtown house prices are not only among the most expensive in Ohio, 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 62.96% of the village's housing units. Other types of housing that are prevalent in Newtown include large apartment complexes or high rise apartments ( 20.20%), row houses and other attached homes ( 12.04%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.38%).

The most prevalent building size and type in Newtown are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 61.40% owning and 38.60% 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. Newtown's housing was primarily built during this period, from the '40s through the '60s. A full 31.73% of the village's housing hails from this era. Other housing ages represented in Newtown include homes built between 1970-1999 ( 30.22%) and housing constructed between 2000 and later ( 22.81%). There's also some housing in Newtown built before 1939 ( 15.24%).

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 8.12%, which ranks in the top 40% nationwide. This equates to an annual average Newtown house appreciation rate of 0.78%.

NeighborhoodScout's data show that during the latest twelve months, Newtown's appreciation rate, at 3.31%, has been at or slightly above the national average. In the latest quarter, Newtown's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

Relative to Ohio, our data show that Newtown's latest annual appreciation rate is higher than 50% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$323,241

Newtown, OH HOME PRICES

Value Range
> $1,111,000 2.1
$833,001 - $1,111,000 2.1
$555,001 - $833,000 8.6
$444,001 - $555,000 11.6
$333,001 - $444,000 19.2
$222,001 - $333,000 19.7
$111,001 - $222,000 23.8
$56,001 - $111,000 7.9
$0 - $56,000 5.2

Very High for OH
Very High for Nation

Value Relative to Nation Value Relative to State
14.2739950779327 4.33070866141732

Number Of Homes And Apartments:
1,088

Newtown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
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
27.06% 1.40% 9 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,296 / per month

Homeownership Rate

Homeownership
Owners 61.40
Renters 38.60
Vacant 8.42

Housing Market Details

 

Age of Homes

AGE OF Newtown HOMES
2000 or Newer 22.8
1970 - 1999 30.2
1940 - 1969 31.7
1939 or Older 15.2

Types of Homes

TYPE OF Newtown HOMES
Single-Family 63.0
Townhomes 12.0
Small Apt. Buildings 4.4
Apt. Complexes 20.2
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Newtown HOMES
No Bedroom 0.00
1 Bedroom 4.46
2 Bedrooms 40.24
3 Bedrooms 33.75
4 Bedrooms 18.52
5 or more bedrooms 3.03