Newton, IA Home Values & Market Trends

Real estate market trends reflect that there have been 292 transactions over the past year in Newton. The median value for residential home transactions that occurred over the previous year is $171,141.47. The number of current listings in Newton is 66, and the percentage of properties for sale in the city is 66.00%. Newton, IA currently has 16 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 66 properties for sale.

Newton, IA Real Estate Market Overview

ZipMedian Est. Value
50208

$ 190,561

$ 157/sqft

Housing Market Summary for Newton, IA

Apr 2023March 2024Change
Median Listing Price$164K$167.8K2.29%
Median Sold Price$163.5K$167.8K2.60%
Homes For Sale58615.17%
Homes Sold14116819.15%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Newton, IA

Newton home values range from $18,328 to $1,889,749. The median estimated value of a home in Newton is $171,141.47. The median list price of a home is 199,450, and the total count of properties in the city is 6,716.

Foreclosure
There is 1 zips within Newton, IA; within this zips, the median estimated home value for homes in foreclosure ranges from $538,995 in 50208 to the lowest value of $114,995 in 50208. Foreclosure homes account for 0.00% of properties in Newton, IA with 50208 containing 16 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.19% of all residential properties in Newton, IA with 50208 containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Newton, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $255,655 in 50208 to the lowest home value of $114,995 in 50208.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Newton, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Newton, IA. There is 1 zips within Newton, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    50208 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Newton, IA. Auction homes and other auction properties account for 0.04% of all properties in Newton, IA. There is 1 zips within Newton, IA; of that zips, the median estimated home value for homes going to auction ranges from $538,995 in 50208 to the lowest value of $163,453 in 50208.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.98% of residential properties in Newton, IA with 50208 containing 66 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Newton, IA; homes for sale in that zips, have a range of median values from $783,077 in 50208 to the lowest value of $21,512 in 50208.
    Sold Homes
    The median value for recently sold homes ranges from $775,058 in 50208 to the lowest price of $20,883 in 50208. There is 1 zips within Newton, IA. 50208 has 151 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.25% of properties in Newton, IA.

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      Guide for Newton, IA

      Foreclosure
      Iowa Foreclosure Laws
      Market Reports
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Market Reports|posted 1 April 2024

      Des Moines’ real estate market experiences robust upward momentum, with property values increasing despite occasional fluctuations.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?