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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newton is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Newton has remained a Seller's Market.

Key Takeaway

Newton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Newton, WI

How much do homes in Newton, WI cost?

Median Sold Price

$515,000

$272/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$215,000(+71.7%)

Key Takeaway

Homes in Newton have sold for 71.7% more than they did a month ago.

Summary: The median home sold price in Newton was $515,000 in October 2024, up 71.7% from last month, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$215K
N/A
3 $280K-
N/A
4 $775K$815K
+5.2%
5+ --
N/A

Summary: Newton housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes did not change.

Housing Supply in Newton, WI

How many homes are available in Newton, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The Newton real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 33
0.0%
5+ 12
+100.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were 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 2 homes were sold or pending in Newton in October 2024, down by 33.3% month-over-month. Of the 2 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 16 Days Ago

Newest Listings in Newton, WI

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