Home prices
The median home cost in Newtown is $173,600. Compared to its nearby areas this is about $55,340 (24%) lower.Compared to the nation as a whole it is roughly $43,900 (20%) lower, and it is about $35,600 (25%) higher compared to the city of Cincinnati.
Rents
Newtown's median monthly rent is $1,169. In comparison to its surrounding areas this is approximately $271 (30%) higher.It is roughly $107 (10%) higher in comparison to the rest of the country, and in comparison to the city of Cincinnati it is approximately $431 (58%) higher.
Nearby places
Turpin Hills
Turpin Hills is Newtown's neighbor to the southwest. The real estate prices there are substantially more expensive. The median home in Turpin Hills costs $338,500, which works out to $164,900 (48%) higher than Newtown. Rents there are somewhat less expensive. The median monthly rent in Turpin Hills is $956, which is $213 (22%) lower than Newtown.
Mariemont
Mariemont is roughly 1 mile northwest from Newtown. Its real estate prices are substantially more expensive. The price of the median home in Mariemont is $395,100, which comes out to $221,500 (56%) higher than Newtown. Rent there is a bit less expensive. Mariemont's median monthly rent is $1,082, which works out to $87 (8%) lower than Newtown.
Fairfax
Fairfax is roughly 2 miles northwest from Newtown. Its housing prices are a little less expensive. Fairfax's median home cost is $142,300, which works out to $31,300 (21%) lower than Newtown. Its rents are somewhat less expensive. Fairfax's median monthly rent is $968, which is $201 (20%) lower than Newtown.
Mount Carmel
Mount Carmel is about 3 miles southeast of Newtown. Housing prices there are a little less expensive. Mount Carmel's median home value is $139,000, which comes out to $34,600 (24%) lower than Newtown. Its rents are substantially less expensive. In Mount Carmel the median monthly rent is $740, which works out to $429 (57%) lower than Newtown.
Summerside
Summerside is roughly 3 miles east from Newtown. The housing prices there are a lot less expensive. The median home in Summerside costs $129,800, which comes out to $43,800 (33%) lower than Newtown. The rent there is a lot less expensive. The median rent in Summerside is $743 per month, which is $426 (57%) lower than Newtown.