Home prices
The cost of the median home in Newton is $114,200. In comparison to other places in this area it is roughly $8,980 (8%) higher.In comparison to the rest of the country it is roughly $103,300 (47%) lower, and is roughly $19,000 (14%) lower compared to the city of Des Moines.
Rents
In Newton the median rent is $736 per month. It is roughly $13 (1%) higher compared to its surrounding areas.It is approximately $326 (30%) lower in comparison to the rest of the nation, and compared to the city of Des Moines is about $119 (13%) lower.
Nearby places
Lambs Grove
Lambs Grove is Newton's neighbor to the west. The real estate prices there are a little more expensive. The median home cost in Lambs Grove is $136,400, which comes out to $22,200 (16%) higher than Newton. Its rents are somewhat more expensive. Lambs Grove's median monthly rent is $950, which works out to $214 (22%) higher than Newton.
Kellogg
Kellogg is about 6 miles east from Newton. Housing prices there are substantially less expensive. Kellogg's median home cost is $81,000, which comes out to $33,200 (40%) lower than Newton. Rent there is a bit less expensive. In Kellogg the median rent is $675 a month, which is $61 (9%) lower than Newton.
Reasnor
Reasnor is approximately 7 miles south from Newton. Its housing prices are significantly less expensive. The price of the median home in Reasnor is $78,300, which is $35,900 (45%) lower than Newton. Rents there are a little less expensive. In Reasnor the median rent is $583 a month, which comes out to $153 (26%) lower than Newton.
Colfax
Colfax is about 8 miles west from Newton. Housing prices there are a little less expensive. The median home in Colfax costs $102,600, which works out to $11,600 (11%) lower than Newton. Rent there is fairly similar. In Colfax the median monthly rent is $714, which comes out to $22 (3%) lower than Newton.
Baxter
Baxter is about 9 miles northwest of Newton. The real estate prices there are a bit more expensive. The median home in Baxter is valued at $127,800, which works out to $13,600 (10%) higher than Newton. Rents there are a little less expensive. The median rent in Baxter is $693 a month, which works out to $43 (6%) lower than Newton.