Home prices
Newton's median home price is $914,700. Compared to the surrounding areas this is approximately $107,940 (13%) higher.It is about $697,200 (320%) higher in comparison to the nation as a whole, and in comparison to the city of Boston is approximately $382,000 (71%) higher.
Rents
In Newton the median rent is $1,940 per month. In comparison to nearby areas it is roughly $86 (4%) higher.Compared to the entire country it is roughly $878 (82%) higher, and in comparison to the city of Boston it is approximately $320 (19%) higher.
Nearby places
Watertown Town
Watertown Town is Newton's neighbor to the northeast. Housing prices there are significantly less expensive. The median home price in Watertown Town is $559,700, which comes out to $355,000 (63%) lower than Newton. Rents there are similar. The median monthly rent in Watertown Town is $1,853, which is $87 (4%) lower than Newton.
Brookline
Brookline is Newton's neighbor to the east. Its housing prices are pretty similar. The median home in Brookline is valued at $933,200, which works out to $18,500 (1%) higher than Newton. Rents there are a little more expensive. In Brookline the median monthly rent is $2,268, which comes out to $328 (14%) higher than Newton.
Needham
Needham is Newton's neighbor to the southwest. Real estate prices there are somewhat less expensive. The median home in Needham is valued at $855,300, which comes out to $59,400 (6%) lower than Newton. Rent there is somewhat less expensive. In Needham the median monthly rent is $1,483, which is $457 (30%) lower than Newton.
Wellesley
Wellesley is Newton's neighbor to the southwest. Its housing prices are a bit more expensive. The median home cost in Wellesley is $1,149,100, which is $234,400 (20%) higher than Newton. Rent there is pretty similar. The median rent in Wellesley is $1,938 a month, which is very similar to Newton.
Waltham
Waltham is Newton's neighbor to the north. Its housing prices are substantially less expensive. The median home in Waltham costs $536,500, which works out to $378,200 (70%) lower than Newton. Rents there are a little less expensive. The median rent in Waltham is $1,726 per month, which works out to $214 (12%) lower than Newton.
