Much like its surrounding areas, it is substantially less expensive compared to the US as a whole. Compared to the city of Montgomery however, it's a little less expensive.
Home prices
Newton's median home cost is $89,900. Compared to nearby areas this is roughly $4,080 (4%) higher.It is approximately $127,600 (58%) lower compared to the country as a whole, and compared to the city of Montgomery it is approximately $31,300 (25%) lower.
Rents
In Newton the median rent is $809 a month. Compared to its surrounding areas this is about $106 (15%) higher.Compared to the United States as a whole it is roughly $253 (23%) lower, and it is approximately $72 (8%) lower in comparison to the city of Montgomery.
Nearby places
Pinckard
Pinckard is Newton's neighbor to the southeast. Its real estate prices are a bit more expensive. The price of the median home in Pinckard is $109,200, which is $19,300 (17%) higher than Newton. The rent there is a little less expensive. The median rent in Pinckard is $648 a month, which comes out to $161 (24%) lower than Newton.
Midland City
Midland City is roughly 5 miles east from Newton. Its real estate prices are a bit more expensive. The value of the median home in Midland City is $100,800, which works out to $10,900 (10%) higher than Newton. Rents there are somewhat less expensive. Midland City's median monthly rent is $647, which is $162 (25%) lower than Newton.
Napier Field
Napier Field is about 7 miles east from Newton. Housing prices there are substantially less expensive. The median home value in Napier Field is $60,500, which is $29,400 (48%) lower than Newton. The rent there is somewhat less expensive. The median monthly rent in Napier Field is $626, which works out to $183 (29%) lower than Newton.
Daleville
Daleville is roughly 7 miles southwest from Newton. Housing prices there are similar. Daleville's median home cost is $92,600, which works out to $2,700 (2%) higher than Newton. Rents there are a little less expensive. The median rent in Daleville is $660 a month, which is $149 (22%) lower than Newton.
Grimes
Grimes is about 7 miles southeast of Newton. The housing prices there are a lot less expensive. Grimes's median home value is $66,000, which works out to $23,900 (36%) lower than Newton. Rents there are a bit more expensive. In Grimes the median monthly rent is $933, which works out to $124 (13%) higher than Newton.
