Home prices
The price of the median home in Newton is $73,300. In comparison to its nearby areas it is about $25,620 (53%) higher.It is about $144,200 (66%) lower in comparison to the rest of the country, and in comparison to the city of Evansville it is roughly $20,900 (22%) lower.
Rents
Newton's median rent is $515 per month. It is approximately $101 (16%) lower compared to the surrounding areas.Compared to the United States as a whole it is approximately $547 (51%) lower, and in comparison to the city of Evansville is approximately $259 (33%) lower.
Nearby places
Willow Hill
Willow Hill is approximately 6 miles east from Newton. Housing prices there are significantly less expensive. The median home value in Willow Hill is $33,800, which works out to $39,500 (116%) lower than Newton. Its rents are a little more expensive. In Willow Hill the median monthly rent is $625, which is $110 (17%) higher than Newton.
Wheeler
Wheeler is about 8 miles northwest from Newton. Real estate prices there are substantially less expensive. The median home cost in Wheeler is $29,800, which comes out to $43,500 (145%) lower than Newton. The rent there is a little more expensive. Wheeler's median monthly rent is $571, which comes out to $56 (9%) higher than Newton.
Oblong
Oblong is approximately 11 miles east from Newton. The housing prices there are substantially less expensive. The median home in Oblong costs $52,200, which comes out to $21,100 (40%) lower than Newton. The rent there is pretty similar. In Oblong the median rent is $503 a month, which works out to $12 (2%) lower than Newton.
Jewett
Jewett is roughly 15 miles north of Newton. Its housing prices are a little less expensive. The median home in Jewett costs $60,600, which works out to $12,700 (20%) lower than Newton. The rent there is somewhat more expensive. Jewett's median monthly rent is $675, which comes out to $160 (23%) higher than Newton.
Montrose
Montrose is about 15 miles northwest from Newton. Housing prices there are somewhat less expensive. The price of the median home in Montrose is $62,000, which comes out to $11,300 (18%) lower than Newton. Rent there is somewhat more expensive. The median monthly rent in Montrose is $706, which works out to $191 (27%) higher than Newton.