Newton, MA—02460
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 $1,306,000, with a year-over-year change of 1.9%. This indicates that home prices in Newton, MA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,306,000 | 1.9% |
| Single Family | $1,427,000 | 0.6% |
| Condos | $930,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $784,000 | 5.2% |
3 Bed | $1,183,000 | 1.5% |
4 Bed | $1,533,000 | 1.3% |
| 5 Bed | $1,906,000 | 1.3% |
% of Housing Stock
Rental Trends — Newton, MA
As of July '25, Rentcast reports the average rent in Newton, MA is $3,430, with a year-over-year rent change of 4.3%. Per bedroom, the median rent as of July '25 in Newton, MA is studios: $2,120, 1-bedrooms: $2,270, 2-bedrooms: $3,080, 3-bedrooms: $4,220, 4-bedrooms: $4,740. The most common rental property sizes in Newton, MA are 2-bedroom and 1-bedroom, accounting for 32.8% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,430 |
| Studio Rent | $1,980 | $2,120 |
| 1 Bed Rent | $2,300 | $2,270 |
| 2 Bed Rent | $2,900 | $3,080 |
| 3 Bed Rent | $3,850 | $4,220 |
| 4 Bed Rent | $4,000 | $4,740 |
% 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 42. This is a decrease of -3.0% 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 47.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,870,000 | 10.0% |
Listing Count | 17 | -16.0% |
| Listings as % of Homes | 0.3% | -16.0% |
Days on Market | 42 | -3.0% |
Demographics — Newton, MA
As of the latest ACS Survey released in 2023, Newton, MA has a population of 10,000, which has increased by 2.9% over the past 5 years. Newton, MA is a moderately popular place for families, as children make up 20.7% of the population. The area has a highly educated workforce, with 77.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,000 | 2.9% |
% Under 18 | 20.7% | -20.4% |
% Seniors | 21.1% | 40.7% |
% WFH | 25.8% | 186.7% |
% w/ College Degree | 77.8% | 3.5% |
As of the latest ACS Survey released in 2023, Newton, MA is a predominantly white area, with 69.9% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Newton, MA is asian, making up 12.7% of the population. Foreign-born residents account for 18.9% of the population in Newton, MA, and this percentage has decreased by 3.6% 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 | 69.9% | -8.9% |
% Black | 5.2% | 20.9% |
% Hispanic | 4.6% | -4.2% |
% Asian | 12.7% | 23.3% |
% Foreign Born | 18.9% | -3.6% |
Mortgage and Risk — Newton, MA
According to HUD data as of 2023, there were 90 mortgage originations in Newton, MA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Newton, MA. Investor activity is low, as 6.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 90 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Newton, MA
As of 2024, the percent of homes in Newton, MA under the Section 8 program is 2.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-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 units do not.
Section 8 Market Size
Total Units under HUD | 118 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $370 | $2,300 | $2,670 |
| 2 Bedroom | $260 | $2,900 | $3,160 |
| 3 Bedroom | -$40 | $3,850 | $3,810 |
| 4 Bedroom | $190 | $4,000 | $4,190 |
Affordability — Newton, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $1,306,000 |
| Median Household Income | $154,000 |