3/3/25

What is the Cost of Living in Newton? What does it cost to buy a house in Newton?

If you are thinking about moving to Newton, give us a call, text or email! 📱 Call or text: 857-939-0981 💻 Email inquiries: Steve.Connolly@Cbrealty.com SteveNicoleConnollyRealEstate.com   ✅ SUBSCRIBE HERE http://tiny.cc/zyq0vz Follow us on Instragram: https://www.instagram.com/steveconnolly2/ _______________________________________________- Coldwell Banker Wellesley Stephen Connolly & Nicole Connolly #MovingtoNewton #NewtonMA #Newton

One of the biggest questions we get from prospective buyers is what is the cost of living in Newton? We are going to cover just how expensive it is to purchase a house in Newton. The median single family home sale in 2024 was just over $1.8M. This will result in roughly a $18,000 per year annual property tax bill based on current rates. Newton has seen an increase in the median home price of nearly $600,000 since 2018 which is very similar to many of the neighboring communities. In 2024, 482 single family homes sold on the market which is down 17% from 2018. The lack of supply has kept prices high and we believe inventory will remain low in the coming years.

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