Newton, IA

Buyer's market-3.2% YoY

Housing market overview · Updated weekly

$182,000median sale price

Homes sold

16

Last 12 weeks

Days on market

63

Average pace

Active listings

90

5.6 months supply

Sale-to-list

96.0%

Below asking

The Newton housing market is currently classified as a buyer's market with a median sale price of $182,000. Prices have fallen 3.2% compared to last year, with homes spending an average of 63 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Newton

There are currently 90 homes listed for sale in Newton, Ia. The median listing price is $189K.

Active listings

90

Homes on market

Median list price

$189K

Avg. days on market

63

Days until sale

New this week

15

Newly listed

Price drops:27.8%of listings
Sale-to-list:96.0%

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Frequently asked questions

What is the average home price in Newton?

The median home sale price in Newton is $182,000, down 3.2% from last year.

How long do homes stay on market in Newton?

Homes typically spend 63 days on market before going under contract.

Is Newton a buyer's or seller's market?

With 5.6 months of supply, Newton is currently a buyer's market.

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