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.
|Housing Units by Size|
|Five Bedrooms or more||11%|
Owned Homes, Apartments and Condos
|Average Household Size||2.76|
|Median year structure was built||1939|
|Median Value of occupied units||$438,400|
|Median Price asked for vacant units||$446,400|
Rented Homes, Apartments and Condos
|Average Household Size||1.95|
|Median year structure was built||1945|
|Median Monthly Rent asked for vacant units||$1,095|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||12.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.8%|