Newton, MA, is a vibrant and diverse community in Greater Boston. With an abundance of local amenities, beautiful homes, and excellent school systems, it is no surprise that Newton has become one of the most desirable places to live in Massachusetts. If you are considering moving to this community, check out our property listings below!
88,923 people live in NEWTON, where the median age is 39 and the average individual income is $107,696. Data provided by the U.S. Census Bureau.
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Nov 2022 Data
The Newton, MA, real estate market is currently very competitive, with homes receiving an average of two offers and selling in about 23 days. The average sale price of a home in Newton was $1.26 million last month, a decrease of 2.8% since the previous year. The average sale price per square foot in Newton is $548, an increase of 11.3% from the last year.
In November 2022, the median price of homes in Newton was $1.3 million, an increase of 7.9% compared to the previous year. On average, homes in Newton took 26 days to sell, compared to 20 days the last year. There were 72 homes sold in November 2022, down from 91 the previous year.
The Newton housing market is considered very competitive, with homes selling quickly and often receiving multiple offers, some with waived contingencies. The average sale price of homes in Newton is around 1% below the list price, and homes typically go under contract within 23 days. Hot homes, or those in high demand, may sell for about 2% above the list price and go under contract within 14 days.
In the three months from September to November 2022, 18% of Newton homebuyers searched for properties outside of Newton, while 82% looked to stay within the metropolitan area. Of homebuyers moving to Newton from outside urban areas, 3% came from across the country. The metro area with the highest number of homebuyers searching for properties in Newton was Hartford, followed by New York and Springfield.
If you are in the market for a new home in Newton, MA, a variety of properties are available, including single-family homes, condos, and townhomes. For those looking for luxury homes in Newton, several high-end properties are available, ranging in price and style. With a solid real estate market and a variety of properties to choose from, now may be a great time to consider purchasing a home in Newton with the help of a local Newton, MA realtor.
No, Newton does not have a residential tax exemption, but it does offer other tax assistance programs.
Newton is known for its educational institutions, including Andover Newton Seminary at Yale Divinity School, Lasell University, the Mount Ida Campus of the University of Massachusetts Amherst, and Chestnut Hill, the site of Boston College.
The Massachusetts town of Newton was initially called The Newton, and it was the source of inspiration for the name of the famous cookies known as Newtons. The cookies were produced by Kennedy Biscuits, which had a tradition of naming its products after towns located near Boston.
Newton is made up of 13 distinct village centers, each with its unique history and characteristics. These villages were influenced by various factors, including railroads, rivers, mills, and houses of worship, and they played a significant role in the city's cultural identity.
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(508) 954-1935Address
376 W Broadway,Real Estate Agent & Realtor Serving Newton, MA
Whether you are looking for a new home or thinking about selling your current home, call me today. I will put my expertise to work to provide you guidance and advice on what you need to know to make the best possible decision for your real estate needs.
