Newton, MA02464

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$938,000
2.6% YoY Growth
Median Household Income
$126,000
16.9% 5-Year Growth
Days on Market
27
4.0% Longer than last year
Home Price Forecast
1.4%
Median Rent
$3,600
3.2% YoY Growth
1-Bed Rent
$2,200
0.0% YoY Growth
2-Bed Rent
$3,700
12.5% YoY Growth
3-Bed Rent
$3,600
2.4% YoY Growth

Other Zip Codes in Newton, MA

Property Listings — Newton, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Newton, MA is 27. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,360,00013.0%
Listing Count
1831.0%
Listings as % of Homes0.3%31.0%
Days on Market
274.0%
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Demographics — Newton, MA

As of the latest ACS Survey released in 2023, Newton, MA has a population of 3,730, which has increased by 20.2% over the past 5 years. Newton, MA is a moderately popular place for families, as children make up 16.6% of the population. The area has a highly educated workforce, with 71.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,73020.2%
% Under 18
16.6%-14.4%
% Seniors
15.2%1.3%
% WFH
28.8%169.2%
% w/ College Degree
71.8%15.2%
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As of the latest ACS Survey released in 2023, Newton, MA is a predominantly white area, with 58.0% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Newton, MA is asian, making up 34.0% of the population. Foreign-born residents account for 39.6% of the population in Newton, MA, and this percentage has increased by 34.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
58.0%-8.1%
% Black
1.4%-72.0%
% Hispanic
1.8%-69.5%
% Asian
34.0%42.9%
% Foreign Born
39.6%34.7%
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Mortgage and Risk — Newton, MA

According to HUD data as of 2023, there were 74 mortgage originations in Newton, MA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Newton, MA. Investor activity is low, as 9.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
74
% Conventional Loans
99.0%
% Government Loans
1.0%
% Investor Loans
9.0%
% Second Loans
1.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Newton, MA

As of 2024, the percent of homes in Newton, MA under the Section 8 program is 1.1%. 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 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Newton, MA, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
43
Total Units Section 8
7
% Rentals under Section 8
1.1%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$810$2,200$3,010
2 Bedroom-$130$3,700$3,570
3 Bedroom$700$3,600$4,300
4 Bedroom-$770$5,500$4,730

Affordability — Newton, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.5
Median Home Price$938,000
Median Household Income$126,000

Newton, MA — ZIP Code Boundary Map

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Frequently Asked Questions