Newton, MA—02459
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newton, MA
As of Oct '25, the median home price in Newton, MA is $1,792,000, with a year-over-year change of 2.1%. This indicates that home prices in Newton, MA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,792,000 | 2.1% |
| Single Family | $1,889,000 | 2.3% |
| Condos | $1,105,000 | 3.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $525,000 | 2.3% |
2 Bed | $964,000 | 4.2% |
3 Bed | $1,493,000 | 6.2% |
4 Bed | $1,879,000 | 2.4% |
| 5 Bed | $2,504,000 | 2.1% |
% of Housing Stock
Rental Trends — Newton, MA
As of July '25, Rentcast reports the average rent in Newton, MA is $4,900, with a year-over-year rent change of 8.4%. Per bedroom, the median rent as of July '25 in Newton, MA is studios: $1,950, 1-bedrooms: $2,530, 2-bedrooms: $3,100, 3-bedrooms: $5,170, 4-bedrooms: $6,900. The most common rental property sizes in Newton, MA are 2-bedroom and 1-bedroom, accounting for 32.1% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,500 | $4,900 |
| Studio Rent | $2,000 | $1,950 |
| 1 Bed Rent | $2,400 | $2,530 |
| 2 Bed Rent | $3,000 | $3,100 |
| 3 Bed Rent | $5,100 | $5,170 |
| 4 Bed Rent | $7,250 | $6,900 |
% of Rental Stock
Property Listings — Newton, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newton, MA is 34. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,590,000 | -16.0% |
Listing Count | 45 | -24.0% |
| Listings as % of Homes | 0.3% | -24.0% |
Days on Market | 34 | -17.0% |
Demographics — Newton, MA
As of the latest ACS Survey released in 2023, Newton, MA has a population of 18,600, which has decreased by -4.4% over the past 5 years. Newton, MA is a moderately popular place for families, as children make up 21.8% of the population. The area has a highly educated workforce, with 84.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,600 | -4.4% |
% Under 18 | 21.8% | -0.5% |
% Seniors | 22.7% | 10.2% |
% WFH | 29.7% | 172.5% |
% w/ College Degree | 84.3% | -2.9% |
As of the latest ACS Survey released in 2023, Newton, MA is a predominantly white area, with 71.5% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Newton, MA is asian, making up 16.7% of the population. Foreign-born residents account for 24.2% of the population in Newton, MA, and this percentage has decreased by 8.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.5% | -3.9% |
% Black | 1.9% | -29.6% |
% Hispanic | 4.0% | 11.1% |
% Asian | 16.7% | -2.9% |
% Foreign Born | 24.2% | -8.3% |
Mortgage and Risk — Newton, MA
According to HUD data as of 2023, there were 298 mortgage originations in Newton, MA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Newton, MA. Investor activity is low, as 7.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 298 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 7.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Newton, MA
As of 2024, the percent of homes in Newton, MA under the Section 8 program is 18.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Newton, MA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 289 |
Total Units Section 8 | 208 |
% Rentals under Section 8 | 18.9% |
% Occupied Section 8 | 94.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $530 | $2,400 | $2,930 |
| 2 Bedroom | $470 | $3,000 | $3,470 |
| 3 Bedroom | -$920 | $5,100 | $4,180 |
| 4 Bedroom | -$2,650 | $7,250 | $4,600 |
Affordability — Newton, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.9 |
| Median Home Price | $1,792,000 |
| Median Household Income | $215,000 |