Newton, IA
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
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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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