menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Newton, KS Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Newton, KS Housing Market Trends

With a population of 18,392, 7,291 total housing units (homes and apartments), and a median house value of $208,497, house prices in Newton are solidly below the national average.

Single-family detached homes are the single most common housing type in Newton, accounting for 79.30% of the city's housing units. Other types of housing that are prevalent in Newton include duplexes, homes converted to apartments or other small apartment buildings ( 8.50%), large apartment complexes or high rise apartments ( 5.61%), and a few row houses and other attached homes ( 4.69%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Newton. Owner-occupied housing accounts for 67.32% of Newton's homes, and 52.16% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Newton's housing was primarily built during this period, from the '40s through the '60s. A full 33.39% of the city's housing hails from this era. Other housing ages represented in Newton include homes built between 1970-1999 ( 28.63%) and housing constructed before 1939 ( 24.49%). There's also some housing in Newton built between 2000 and later ( 13.48%).

Vacant housing appears to be an issue in Newton. Fully 11.59% of the housing stock is classified as vacant. Left unchecked, vacant Newton homes and apartments can be a drag on the real estate market, holding Newton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Newton Home Appreciation Rates

Real estate appreciation rates in Newton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.75% during the period.

NeighborhoodScout's data show that during the latest twelve months, Newton's appreciation rate, at 7.55%, has been at or slightly above the national average. In the latest quarter, Newton's appreciation rate has been -0.13%, which annualizes to a rate of -0.54%.

Notably, Newton's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Kansas, our data show that Newton's latest annual appreciation rate is higher than 70% of the other cities and towns in Kansas.

Average Home Values

Median Home Value

$208,497

Newton, KS Home Prices
> $1,347,000
$1,010,001 - $1,347,000
$673,001 - $1,010,000
$539,001 - $673,000
$404,001 - $539,000
$269,001 - $404,000
$135,001 - $269,000
$68,001 - $135,000
$0 - $68,000
0.4%
0.4%
0.0%
0.0%
1.0%
1.0%
1.0%
1.0%
7.6%
7.6%
16.6%
16.6%
45.6%
45.6%
20.7%
20.7%
7.0%
7.0%
0% 100.0%
% of Homes
Average

for Kansas

Low

for nation

Number of Homes And Apartments:

7,291

Newton Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,337 / per month

Homeownership Rate

Owners
Renters
67.3%
67.3%
32.7%
32.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
11.6%
11.6%
88.4%
88.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
13.5%
13.5%
28.6%
28.6%
33.4%
33.4%
24.5%
24.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
79.3%
79.3%
4.7%
4.7%
8.5%
8.5%
5.6%
5.6%
1.9%
1.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.3%
1.3%
9.7%
9.7%
29.2%
29.2%
35.5%
35.5%
16.7%
16.7%
7.6%
7.6%
0% 100.0%
% of Homes