Newton, IA—50208
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newton, IA
As of Oct '25, the median home price in Newton, IA is $197,000, with a year-over-year change of 4.3%. This indicates that home prices in Newton, IA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $197,000 | 4.3% |
| Single Family | $198,000 | 4.2% |
| Condos | $133,000 | -3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $141,000 | 4.4% |
3 Bed | $212,000 | 3.9% |
4 Bed | $265,000 | 4.3% |
| 5 Bed | $342,000 | 4.3% |
% of Housing Stock
Rental Trends — Newton, IA
As of July '25, Rentcast reports the average rent in Newton, IA is $1,080, with a year-over-year rent change of 17.3%. Per bedroom, the median rent as of July '25 in Newton, IA is 1-bedrooms: $732, 2-bedrooms: $918, 3-bedrooms: $1,310, 4-bedrooms: $1,600. The most common rental property sizes in Newton, IA are 2-bedroom and 1-bedroom, accounting for 56.3% and 24.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $985 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $625 | $732 |
| 2 Bed Rent | $775 | $918 |
| 3 Bed Rent | $1,300 | $1,310 |
| 4 Bed Rent | $1,550 | $1,600 |
% of Rental Stock
Property Listings — Newton, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newton, IA is 57. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $220,000 | -4.0% |
Listing Count | 135 | 23.0% |
| Listings as % of Homes | 0.9% | 23.0% |
Days on Market | 57 | 1.0% |
Demographics — Newton, IA
As of the latest ACS Survey released in 2023, Newton, IA has a population of 20,300, which has decreased by -2.0% over the past 5 years. Newton, IA is a moderately popular place for families, as children make up 18.5% of the population. The area has a poorly educated workforce, with 17.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,300 | -2.0% |
% Under 18 | 18.5% | -15.5% |
% Seniors | 21.1% | 9.3% |
% WFH | 8.9% | 117.1% |
% w/ College Degree | 17.3% | 17.7% |
As of the latest ACS Survey released in 2023, Newton, IA is a predominantly white area, with 87.7% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Newton, IA is hispanic, making up 4.5% of the population. Foreign-born residents account for 3.9% of the population in Newton, IA, and this percentage has increased by 77.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.7% | -4.7% |
% Black | 2.6% | -18.8% |
% Hispanic | 4.5% | 66.7% |
% Asian | 0.8% | 33.3% |
% Foreign Born | 3.9% | 77.3% |
Mortgage and Risk — Newton, IA
According to HUD data as of 2023, there were 406 mortgage originations in Newton, IA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Newton, IA. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 406 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Newton, IA
As of 2024, the percent of homes in Newton, IA under the Section 8 program is 11.9%. 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, IA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 335 |
Total Units Section 8 | 293 |
% Rentals under Section 8 | 11.9% |
% Occupied Section 8 | 95.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $85 | $625 | $710 |
| 2 Bedroom | $145 | $775 | $920 |
| 3 Bedroom | -$30 | $1,300 | $1,270 |
| 4 Bedroom | -$260 | $1,550 | $1,290 |
Affordability — Newton, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $197,000 |
| Median Household Income | $61,100 |