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Newton, NC—28658

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$249,000
1.2% YoY Growth
Household Income
$67,800
44.3% YoY Growth
Days on Market
59
9.0% Longer YoY
Home Price Forecast
2.4%
Median Rent
$1,500
0.7% YoY Growth
1-Bed Rent
$925
N/A
2-Bed Rent
$1,100
10.4% YoY Growth
3-Bed Rent
$1,700
7.4% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Newton, NC

As of Dec '25, the median home price in Newton, NC is $249,000, with a year-over-year change of 1.2%. This indicates that home prices in Newton, NC are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$249,0001.2%
Single Family $249,0000.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $127,000
    -3.8%
    2 Bed
    		$179,0000.6%
    3 Bed
    		$263,0001.5%
    4 Bed
    		$376,0002.2%
    5 Bed $504,0212.6%
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    % of Housing Stock

    Studio
    1.1%
    1 Bedroom
    3.3%
    2 Bedrooms
    23.8%
    3 Bedrooms
    58.0%
    4 Bedrooms
    12.8%
    5+ Bedrooms
    1.0%

    Rental Trends — Newton, NC

    As of July '25, Rentcast reports the average rent in Newton, NC is $1,490, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in Newton, NC is 1-bedrooms: $908, 2-bedrooms: $1,170, 3-bedrooms: $1,750, 4-bedrooms: $2,170. The most common rental property sizes in Newton, NC are 2-bedroom and 3-bedroom, accounting for 45.4% and 35.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,500$1,490
    Studio Rent N/AN/A
    1 Bed Rent $925$908
    2 Bed Rent $1,100$1,170
    3 Bed Rent $1,700$1,750
    4 Bed Rent $2,100$2,170
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    % of Rental Stock

    Studio
    0.6%
    1 Bedroom
    10.4%
    2 Bedrooms
    45.4%
    3 Bedrooms
    35.3%
    4 Bedrooms
    7.6%
    5+ Bedrooms
    0.8%

    Property Listings — Newton, NC

    As of Dec '25, Realtor.com reports that the median days on market for a home in Newton, NC is 41. This is a increase of 12.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$319,00019.0%
    Listing Count
    		12311.0%
    Listings as % of Homes0.7%11.0%
    Days on Market
    		599.0%
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    Demographics — Newton, NC

    As of the latest ACS Survey released in 2023, Newton, NC has a population of 25,700, which has decreased by -6.5% over the past 5 years. Newton, NC is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		25,700-6.5%
    % Under 18
    		19.9%-13.5%
    % Seniors
    		19.6%14.6%
    % WFH
    		6.8%161.5%
    % w/ College Degree
    		19.3%16.3%
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    As of the latest ACS Survey released in 2023, Newton, NC is a predominantly white area, with 69.3% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Newton, NC is hispanic, making up 12.4% of the population. Foreign-born residents account for 7.9% of the population in Newton, NC, and this percentage has increased by 21.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		69.3%-2.8%
    % Black
    		8.1%-16.5%
    % Hispanic
    		12.4%-2.4%
    % Asian
    		4.6%142.1%
    % Foreign Born
    		7.9%21.5%
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    Mortgage and Risk — Newton, NC

    According to HUD data as of 2023, there were 729 mortgage originations in Newton, NC, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Newton, NC. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		729
    % Conventional Loans
    		74.0%
    % Government Loans
    		26.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Newton, NC

    As of 2024, the percent of homes in Newton, NC under the Section 8 program is 9.5%. 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 units appear to be good home sizes to consider for Section 8 housing in Newton, NC, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		262
    Total Units Section 8
    		251
    % Rentals under Section 8
    		9.5%
    % Occupied Section 8
    		81.2%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$5$925$930
    2 Bedroom$40$1,100$1,140
    3 Bedroom-$250$1,700$1,450
    4 Bedroom-$390$2,100$1,710

    Affordability — Newton, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$249,000
    Median Household Income$67,800

    Newton, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Maiden, NC

    28650

    Conover, NC

    28613

    Claremont, NC

    28610

    Hickory, NC

    28602

    Lincolnton, NC

    28092

    Frequently Asked Questions