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Newton, MA Housing

 
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As of 2010-2014, median price of a house in Newton is $715,000, which is much higher than the state average of $329,900 and is much higher than the national average of $175,700. The Newton median house value has grown by 63.09% since 2000. The growth rate for the price of a house in Newton is lower than the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in Newton was built is 1939, which is older than the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 21,742 Owner Occupied Houses in Newton, MA, #10
Newton, MA
715,000 USD
Massachusetts
329,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #169
Newton, MA
63.09%
Massachusetts
77.65%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Newton, MAMassachusettsU.S.
Total Housing Units32,593, see rank, 100%2,816,875132,741,033
Occupied Housing Units31,175, 95.65%, see rank90.12%87.55%
Owner Occupied21,742, 66.71%, see rank56.12%56.34%
Renter Occupied9,433, 28.94%, see rank33.99%31.21%
Vacant Housing Units1,418, 4.35%, see rank9.88%12.45%
For Rent240, 0.74%, see rank1.67%2.34%
For Sale Only136, 0.42%, see rank0.74%1.20%
Rented or Sold, Not Occupied328, 1.01%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use171, 0.52%, see rank4.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant543, 1.67%, see rank2.40%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #190
Newton, MAMassachusettsU.S.
193919591976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Newton, MA%MassachusettsU.S.
Owner-Occupied Units21,742100%1,580,93874,787,460
With a Mortgage14,22065.40%, see rank71.18%65.58%
Without a Mortgage7,52234.60%, see rank28.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Newton, MA
3,248 USD
Massachusetts
2,095 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNewton, MA%MassachusettsU.S.
$299 or Less00.00%, see rank0.09%0.20%
$300 to $499320.23%, see rank0.49%1.59%
$500 to $699710.50%, see rank1.47%5.01%
$700 to $999910.64%, see rank4.74%14.32%
$1,000 to $1,4996454.54%, see rank16.44%27.90%
$1,500 to $1,9991,1678.21%, see rank22.84%20.35%
$2,000 to $2,9994,12128.98%, see rank34.83%19.52%
$3,000 or More8,09356.91%, see rank19.10%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Newton, MA
22.70% of the Total Income
Massachusetts
24.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Newton, MA%MassachusettsU.S.
10% or Less1,0747.55%, see rank5.29%5.86%
10% to 20%4,80733.80%, see rank29.25%31.95%
20% to 30%3,85727.12%, see rank29.39%27.64%
30% to 40%1,69811.94%, see rank14.83%13.74%
40% or More2,73619.24%, see rank20.86%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Newton, MA
1,001 USD
Massachusetts
707 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNewton, MA%MassachusettsU.S.
$199 or Less290.39%, see rank1.57%7.76%
$200 to $299771.02%, see rank2.45%14.70%
$300 to $4991902.53%, see rank16.27%34.63%
$500 to $6995917.86%, see rank28.91%21.16%
$700 or More6,63588.21%, see rank50.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Newton, MA
13.80% of the Total Income
Massachusetts
14.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Newton, MA%MassachusettsU.S.
10% or Less2,79237.12%, see rank31.52%40.19%
10% to 20%2,03227.01%, see rank31.52%31.47%
20% to 30%91512.16%, see rank14.65%12.24%
30% to 40%6678.87%, see rank7.86%5.64%
40% or More1,03213.72%, see rank13.41%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Newton, MAMassachusettsU.S.
Total Housing Units32,593, 100%2,816,875132,741,033
1-unit, Detached17,964, 55.12%, see rank52.24%61.65%
1-unit, Attached2,238, 6.87%, see rank5.19%5.82%
2 Units5,466, 16.77%, see rank10.16%3.75%
3 or 4 Units1,506, 4.62%, see rank10.94%4.43%
5 to 9 Units911, 2.80%, see rank5.95%4.78%
10 or More Units4,482, 13.75%, see rank14.65%13.08%
Mobile Home, Boat, RV, Van, etc.26, 0.08%, see rank0.87%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Newton, MAMassachusettsU.S.
Total Housing Units32,593, 100%2,816,875132,741,033
1 Room374, 1.15%, see rank2.33%1.95%
2 Rooms1,081, 3.32%, see rank3.02%2.48%
3 Rooms2,083, 6.39%, see rank10.03%9.13%
4 Rooms3,296, 10.11%, see rank15.77%16.60%
5 Rooms4,211, 12.92%, see rank18.26%20.41%
6 Rooms4,784, 14.68%, see rank17.63%18.06%
7 Rooms4,309, 13.22%, see rank12.23%12.27%
8 Rooms4,369, 13.40%, see rank9.28%8.48%
9 Rooms or More8,086, 24.81%, see rank11.45%10.60%
Median Rooms6.60, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Newton, MAMassachusettsU.S.
Total Housing Units32,593, 100%2,816,875132,741,033
No Bedroom417, 1.28%, see rank2.56%2.17%
1 Bedroom3,763, 11.55%, see rank14.08%11.16%
2 Bedrooms6,943, 21.30%, see rank28.19%26.69%
3 Bedrooms10,504, 32.23%, see rank34.72%39.70%
4 Bedrooms6,693, 20.54%, see rank16.00%16.05%
5 or More Bedrooms4,273, 13.11%, see rank4.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Newton, MAMassachusettsU.S.
Total Housing Units31,175, 100%2,538,485116,211,092
Utility Gas20,189, 64.76%, see rank49.70%48.85%
Bottled, Tank, or LP Gas293, 0.94%, see rank2.86%4.86%
Electricity3,105, 9.96%, see rank14.23%36.68%
Fuel Oil, Kerosene, etc.7,301, 23.42%, see rank30.36%5.86%
Coal or Coke58, 0.19%, see rank0.13%0.12%
Wood59, 0.19%, see rank1.69%2.12%
Solar Energy23, 0.07%, see rank0.03%0.05%
Other Fuel88, 0.28%, see rank0.65%0.47%
No Fuel Used59, 0.19%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalNewton, MAMassachusettsU.S.
Occupied Units Paying Rent8,965, 100%924,80939,201,928
$199 or Less55, 0.61%, see rank2.07%1.50%
$200 to $299308, 3.44%, see rank5.74%3.18%
$300 to $499376, 4.19%, see rank7.69%7.37%
$500 to $699225, 2.51%, see rank8.07%16.01%
$700 to $999455, 5.08%, see rank20.08%29.17%
$1,000 to $1,4992,076, 23.16%, see rank31.42%26.88%
$1,500 to $1,9992,870, 32.01%, see rank15.67%9.79%
$2,000 or More2,600, 29.00%, see rank9.27%6.10%
Median$1,672, see rank$1,088$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Newton, MAMassachusettsU.S.
Occupied Housing Units31,175, 100%2,538,485116,211,092
No Vehicles Available2,069, 6.64%, see rank12.57%9.12%
1 Vehicles Available10,497, 33.67%, see rank36.07%33.80%
2 Vehicles Available14,995, 48.10%, see rank36.51%37.48%
3 or More Vehicles Available3,614, 11.59%, see rank14.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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