Is Newton, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Newton was a Seller's Market.

Key Takeaway

Newton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Newton, WI

How much do homes in Newton, WI cost?

Median Sold Price

$392,500

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$67,500(+20.8%)

Key Takeaway

Homes in Newton have sold for 20.8% more than they did a year ago.

Summary: The median home sold price in Newton was $392,500 in November 2024, up 20.8% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $300K$215K
-28.3%
3 $255K$350K
+37.3%
4 $450K$808K
+79.6%
5+ $628K$1.0M
+67.2%

Summary: Newton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.3%, 3 bedroom homes increased by 37.3%, 4 bedroom homes increased by 79.6%, and 5+ bedroom homes increased by 67.2%.

Median Sold Price Compared To Nearby Cities

Newton
+20.8%
Manitowoc
+7.5%
Manitowoc Rapids
-17.6%

Housing Supply in Newton, WI

How many homes are available in Newton, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The Newton real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 23
+50.0%
4 33
0.0%
5+ 21
-50.0%

Summary: The Newton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newton, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Newton in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Newton, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Newton, WI

Nearby Markets to Newton, WI

What housing markets are near Newton, WI?