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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Newtown Housing Market Information

With 2,240 people, 918 houses or apartments, and a median cost of homes of $626,936, 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 53.91% of the borough's housing units. Other types of housing that are prevalent in Newtown include row houses and other attached homes ( 25.38%), duplexes, homes converted to apartments or other small apartment buildings ( 10.96%), and a few large apartment complexes or high rise apartments ( 9.75%).

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 70.26% of Newtown's homes, and 57.46% have either three or four bedrooms, which is average sized relative to America.

The housing in Newtown was primarily built before 1939 ( 54.01%), 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 ( 17.36%), followed by between 1940-1969 ( 16.95%). There's also some housing in Newtown built between 2000 and later ( 11.68%).

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 1.79% 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 3.63%, 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 1.33%, which equates to an annual appreciation rate of 5.44%.

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

 
info

Median Home Value:
$626,936

Newtown, PA HOME PRICES

> $1,117,000
3.7%
3.7%
$838,001 - $1,117,000
26.3%
26.3%
$558,001 - $838,000
26.0%
26.0%
$447,001 - $558,000
19.9%
19.9%
$335,001 - $447,000
13.3%
13.3%
$223,001 - $335,000
4.0%
4.0%
$112,001 - $223,000
4.0%
4.0%
$56,001 - $112,000
1.3%
1.3%
$0 - $56,000
1.4%
1.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for PA

Value Relative To Nation

Number Of Homes And Apartments:
918

Newtown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
92.30% 3.20%
9
8
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,795 / per month

Homeownership Rate

Owners
70.3%
70.3%
Renters
29.7%
29.7%
Vacant
6.8%
6.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
11.7%
11.7%
1970 - 1999
17.4%
17.4%
1940 - 1969
17.0%
17.0%
1939 or Older
54.0%
54.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
53.9%
53.9%
Townhomes
25.4%
25.4%
Small Apt. Buildings
11.0%
11.0%
Apt. Complexes
9.7%
9.7%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.9%
1.9%
1 Bedroom
15.5%
15.5%
2 Bedrooms
14.3%
14.3%
3 Bedrooms
30.7%
30.7%
4 Bedrooms
26.8%
26.8%
5 or more bedrooms
10.8%
10.8%
0.0% 100.0%
% OF HOMES