Newton, IL Foreclosures
How much do homes sell for in Newton, IL?
The average home price is currently $174,849.
In Newton, IL, how many homes are available?
There are currently 10 active home listings available in Newton.
What’s the average rental cost in Newton, IL?
The average rental price in Newton is $1,011.
What is the most expensive home in Newton?
The most expensive home sold in Newton had a price of $2,395,476.
What is currently the cheapest priced home in Newton, IL?
The cheapest home for sale in Newton is priced at $6,385.
Living in Newton, IL
Newton, IL is a serene and friendly small town located in Jasper County known for its community spirit and agricultural roots. It offers a safe and welcoming environment ideal for families and retirees. With local amenities and parks, residents enjoy a peaceful lifestyle with easy access to larger urban areas nearby.
Current Market Conditions in Newton, IL
The real estate market in Newton, IL has shown a steady growth trend in recent months, with a slight increase in property values. The average home prices have remained affordable, making it an attractive option for first-time homebuyers and investors alike.
Properties in Newton typically sell within a few months, indicating a balanced market with demand continuing to rise, particularly for single-family homes. The rental market is also gaining traction, driven by local job growth and an influx of new residents.
As the demand for housing increases, new developments and renovations are being seen, enhancing the local area and making it a prime target for potential investments.
Home Value Estimator For Newton, IL
There are currently 2,277 real estate properties
in Newton, IL,
with a median automated valuation model (AVM) price
of $142,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Newton, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Newton, IL,
is $174,849.00, with the most expensive house
in Newton, IL, topping out
at $2,395,476.00 and the cheapest home
in Newton, IL,
clocking in at $6,385.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newton, IL!
Rent Prices
In Newton, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newton, IL, is on
a rollercoaster ride. The
average rent price in Newton, IL,
is $1,011.00. Indeed, when looking to rent in
Newton, IL, you can expect to pay as little
as $470.00 or as much
as $2,260.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Newton, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
