Home prices
The median home value in Newtown is $397,600. Compared to nearby areas it is approximately $107,440 (37%) higher.It is approximately $180,100 (82%) higher in comparison to the entire nation, and compared to the city of New York is approximately $208,400 (34%) lower.
Rents
The median rent in Newtown is $2,125 a month. Compared to other places in this area this is about $751 (54%) higher.It is about $1,063 (100%) higher in comparison to the country as a whole, and it is roughly $682 (47%) higher in comparison to the city of New York.
Nearby places
Bethel
Bethel is roughly 5 miles southwest from Newtown. Real estate prices there are a lot less expensive. The price of the median home in Bethel is $295,600, which works out to $102,000 (34%) lower than Newtown. Rents there are substantially less expensive. In Bethel the median monthly rent is $1,259, which works out to $866 (68%) lower than Newtown.
Heritage Village
Heritage Village is approximately 5 miles northeast from Newtown. Housing prices there are significantly less expensive. The median home in Heritage Village is valued at $155,700, which is $241,900 (155%) lower than Newtown. Rent there is a lot less expensive. Heritage Village's median monthly rent is $1,552, which works out to $573 (36%) lower than Newtown.
Danbury
Danbury is roughly 7 miles west from Newtown. Housing prices there are a lot less expensive. Danbury's median home value is $299,600, which works out to $98,000 (32%) lower than Newtown. Rents there are a lot less expensive. Danbury's median rent is $1,466 per month, which is $659 (44%) lower than Newtown.
Woodbury Center
Woodbury Center is roughly 10 miles northeast of Newtown. Real estate prices there are somewhat less expensive. Woodbury Center's median home price is $350,600, which comes out to $47,000 (13%) lower than Newtown. Rents there are a lot less expensive. In Woodbury Center the median rent is $1,125 a month, which works out to $1,000 (88%) lower than Newtown.
Shelton
Shelton is roughly 10 miles southeast from Newtown. Its real estate prices are a little less expensive. The cost of the median home in Shelton is $349,300, which comes out to $48,300 (13%) lower than Newtown. Rents there are a lot less expensive. In Shelton the median rent is $1,466 per month, which is $659 (44%) lower than Newtown.