Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newton area can be challenging. Home prices in Newton are now at a median cost of $154,120, lower than the North Carolina average of $226,477.
The average cost of rent is $815/mo in Newton, primarily driven by the current value of real estate in the Newton area. While nearly 40.72% of residents own their homes outright in Newton, 25.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newton is $5,291 per month. Households that rent pay about 15.40% of their income on rent here. Newton's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Startown, NC: higher priced homes
- Duan, NC: equally priced homes
- Conover, NC: higher priced homes
- Maiden, NC: higher priced homes
- Brookford, NC: higher priced homes
- Claremont, NC: equally priced homes
- St. Stephens, NC: higher priced homes
- Hickory, NC: higher priced homes
- Plateau, NC: higher priced homes
- Catawba, NC: equally priced homes
Cities with Similar Populations
- Cranford, NJ: higher priced homes
- Tysons Corner, VA: higher priced homes
- Tumwater, WA: higher priced homes
- Tullahoma, TN: higher priced homes
- Trussville, AL: higher priced homes
- Trotwood, OH: less expensive homes
- Tipp City, OH: higher priced homes
- Taylorsville, NC: equally priced homes
- Tavares, FL: higher priced homes
- Gardner, KS: higher priced homes
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