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These days, finding an affordable place to live in the Newtown area can be challenging. Home prices in Newtown are now at a median cost of $157,034, lower than the Illinois average of $300,242.
The average cost of rent is $916/mo in Newtown, primarily driven by the current value of real estate in the Newtown area. In Newtown, 14.39% of households rent, and 58.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newtown is $7,361 per month. Households that rent pay about 12.45% of their income on rent here. Newtown’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Higginsville, IL: higher priced homes
- Brothers, IL: less expensive homes
- Oakwood, IL: less expensive homes
- Collison, IL: equally priced homes
- Jamesburg, IL: higher priced homes
- Muncie, IL: less expensive homes
- Danville, IL: less expensive homes
- Fithian, IL: less expensive homes
- Hope, IL: less expensive homes
- Catlin, IL: less expensive homes
Cities with Similar Populations
- Eastern, WV: less expensive homes
- Vallonia Springs, NY: equally priced homes
- Valera, TX: less expensive homes
- Utica, MD: higher priced homes
- Upward, NC: higher priced homes
- Uniontown, MD: higher priced homes
- Egan, IL: higher priced homes
- Edith, TN: equally priced homes
- Edgerton, WY: higher priced homes
- Echo Lake, CA: higher priced homes
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