Home

Newton, MA Real Estate


According to census data in the year 2000 there were 32,112 housing units in Newton. This represents a 5.3% growth from 30,497 in 1990.

Of those housing units, 32,112 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Newton is about 69.6%. Newton's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Newton were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom12.10%
Two Bedrooms23.50%
Three Bedrooms32.80%
Four Bedrooms19.10%
Five Bedrooms or more11%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1939
Median Value of occupied units$438,400
Median Price asked for vacant units$446,400

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1945
Median Monthly Rent asked for vacant units$1,095

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage4.10%
Home Equity Loan12.60%
Simple Mortgage49.80%
Debt Free33.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%