Newtown, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Newtown Neighborhoods Since 2000




Newtown, PA 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 2,222, 941 total housing units (homes and apartments), and a median house value of $558,610, Newtown house prices are not only among the most expensive in Pennsylvania, 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 58.56% of the borough's housing units. Other types of housing that are prevalent in Newtown include row houses and other attached homes ( 21.95%), duplexes, homes converted to apartments or other small apartment buildings ( 12.70%), and a few large apartment complexes or high rise apartments ( 6.79%).

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 74.07% of Newtown's homes, and 64.07% have either three or four bedrooms, which is average sized relative to America.

The housing in Newtown was primarily built before 1939 ( 52.66%), making the housing stock in Newtown some of the oldest overall in America, although there is a range of ages of homes in Newtown. The next most important housing age is between 1970-1999 ( 21.56%), followed by between 1940-1969 ( 14.86%). There's also some housing in Newtown built between 2000 and later ( 10.93%).

Newtown Home Appreciation Rates

Real estate appreciation rates in Newtown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.12% during the period.

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 1.32%, 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 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Pennsylvania, our data show that Newtown's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the borough. 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:
$558,610

Newtown, PA HOME PRICES

Value Range
> $1,080,000 7.3
$810,001 - $1,080,000 18.0
$540,001 - $810,000 21.2
$432,001 - $540,000 20.9
$324,001 - $432,000 20.4
$216,001 - $324,000 6.9
$108,001 - $216,000 4.0
$54,001 - $108,000 0.0
$0 - $54,000 1.3

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
4.56463143091527 0.772946859903382

Number Of Homes And Apartments:
941

Newtown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
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
73.24% 3.24% 10 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,699 / per month

Homeownership Rate

Homeownership
Owners 74.07
Renters 25.93
Vacant 7.38

Housing Market Details

 

Age of Homes

AGE OF Newtown HOMES
2000 or Newer 10.9
1970 - 1999 21.6
1940 - 1969 14.9
1939 or Older 52.7

Types of Homes

TYPE OF Newtown HOMES
Single-Family 58.6
Townhomes 21.9
Small Apt. Buildings 12.7
Apt. Complexes 6.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Newtown HOMES
No Bedroom 2.56
1 Bedroom 11.81
2 Bedrooms 14.76
3 Bedrooms 32.87
4 Bedrooms 31.20
5 or more bedrooms 6.79