Newton, IA Real Estate

According to census data in the year 2000 there were 7,165 housing units in Newton. This represents a 10.6% growth from 6,477 in 1990.

Of those housing units, 7,096 were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.

Homeownership rate in Newton is about 69%. Newton's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Newton were built after 1956.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom15%
Two Bedrooms36.80%
Three Bedrooms33.60%
Four Bedrooms11.90%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1954
Median Value of occupied units$78,700
Median Price asked for vacant units$91,300

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1967
Median Monthly Rent asked for vacant units$402

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage7.40%
Home Equity Loan6.90%
Simple Mortgage48.30%
Debt Free37.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%