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These days, finding an affordable place to live in the Newtown Square area can be challenging. Home prices in Newtown Square are now at a median cost of $650,145, higher than the Pennsylvania average of $288,156.
The average cost of rent is $2,162/mo in Newtown Square, primarily driven by the current value of real estate in the Newtown Square area. In Newtown Square, 20.80% of households rent, and 40.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newtown Square is $12,064 per month. Households that rent pay about 17.92% of their income on rent here. Newtown Square’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Broomall, PA: less expensive homes
- Devon, PA: higher priced homes
- Media, PA: less expensive homes
- Berwyn, PA: higher priced homes
- Lima, PA: less expensive homes
- Villanova, PA: higher priced homes
- Wayne, PA: higher priced homes
- Bryn Mawr, PA: higher priced homes
- Havertown, PA: less expensive homes
- Paoli, PA: equally priced homes
Cities with Similar Populations
- Elmwood Park, NJ: less expensive homes
- Temperance, MI: less expensive homes
- Tarzana, CA: higher priced homes
- Syosset, NY: higher priced homes
- Sylacauga, AL: less expensive homes
- Sycamore, IL: less expensive homes
- Swedesboro, NJ: less expensive homes
- Swartz Creek, MI: less expensive homes
- Susanville, CA: less expensive homes
- Sunnyside, WA: less expensive homes
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