Much like other places in this area, it's significantly less expensive compared to the country as a whole. Compared to the city of Champaign, it's a lot less expensive.
Home prices
The median home in Newtown costs $77,100. Compared to its surrounding areas this is approximately $1,160 (1%) higher.It is about $140,400 (64%) lower in comparison to the rest of the nation, and compared to the city of Champaign it is roughly $84,700 (52%) lower.
Rents
Newtown's median monthly rent is $688. Compared to its nearby areas this is roughly $31 (4%) higher.It is approximately $374 (35%) lower compared to the rest of the nation, and it is about $264 (27%) lower compared to the city of Champaign.
Nearby places
Mellott
Mellott is roughly 2 miles south of Newtown. Its real estate prices are similar. The median home in Mellott costs $77,500, which is very similar to Newtown. The rent there is a bit less expensive. Mellott's median monthly rent is $585, which is $103 (17%) lower than Newtown.
Wingate
Wingate is roughly 4 miles southeast of Newtown. The real estate prices there are a little less expensive. The median home in Wingate costs $60,000, which is $17,100 (28%) lower than Newtown. The rent there is a lot less expensive. Wingate's median monthly rent is $513, which works out to $175 (34%) lower than Newtown.
Hillsboro
Hillsboro is approximately 6 miles south from Newtown. The real estate prices there are fairly similar. The value of the median home in Hillsboro is $75,000, which comes out to $2,100 (2%) lower than Newtown. Rent there is a little more expensive. Hillsboro's median rent is $896 per month, which is $208 (23%) higher than Newtown.
Attica
Attica is approximately 7 miles northwest from Newtown. Housing prices there are a little more expensive. The value of the median home in Attica is $92,200, which works out to $15,100 (16%) higher than Newtown. Rent there is a bit less expensive. The median rent in Attica is $634 per month, which works out to $54 (8%) lower than Newtown.
Veedersburg
Veedersburg is about 7 miles southwest of Newtown. Its real estate prices are fairly similar. The median home value in Veedersburg is $75,000, which is $2,100 (2%) lower than Newtown. Rents there are pretty similar. The median rent in Veedersburg is $657 per month, which works out to $31 (4%) lower than Newtown.