Newton, IA housing market
The typical Newton home is worth about $206,000, up 3.8% in a year, 14% below the Iowa typical home. Homes typically sell in 64 days, close to asking.
Home values, sales, trends and how Newton compares with the towns next door — updated as new data is published.
Newton at a glance
A seller's market
Supply is tight — about 3.8 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Newton | Iowa |
|---|---|---|
| 2017 | $103,000 | $147,000 |
| 2018 | $113,000 | $152,000 |
| 2019 | $125,000 | $159,000 |
| 2020 | $135,000 | $167,000 |
| 2021 | $147,000 | $179,000 |
| 2022 | $166,000 | $195,000 |
| 2023 | $180,000 | $211,000 |
| 2024 | $185,000 | $218,000 |
| 2025 | $196,000 | $228,000 |
| 2026 | $204,000 | $236,000 |
| August 2026 | $206,000 | $240,000 |
75 new homes permitted in 2025
Builders were permitted 75 new homes in Newton in 2025: 25 single-family houses and 50 in buildings with two or more homes, worth about $14.9 million to build. That's 4.8 per 1,000 residents, about the pace of Iowa as a whole. Over the past 10 years, Newton has permitted 200 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Newton gained 506 residents while 102 new homes were permitted: about 5 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Iowa: 1.3 new residents per new home.
How Newton ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 8 | 6 | 2 | $2.5 million |
| 2025 | 75 | 25 | 50 | $14.9 million |
| 2024 | 15 | 11 | 4 | $4.8 million |
| 2023 | 12 | 12 | 0 | $4.1 million |
| 2022 | 3 | 3 | 0 | $805,000 |
| 2021 | 14 | 14 | 0 | $3.8 million |
| 2020 | 11 | 9 | 2 | $2.7 million |
| 2019 | 19 | 17 | 2 | $3.8 million |
| 2018 | 21 | 19 | 2 | $5.1 million |
| 2017 | 23 | 11 | 12 | $5 million |
| 2016 | 7 | 7 | 0 | $1.7 million |
| 2015 | 9 | 9 | 0 | $2.4 million |
| 2014 | 3 | 3 | 0 | $673,000 |
| 2013 | 4 | 2 | 2 | $700,000 |
| 2012 | 6 | 4 | 2 | $970,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 10 | 4 | 6 | $973,000 |
| 2009 | 15 | 1 | 14 | $1.6 million |
| 2008 | 7 | 5 | 2 | $1.3 million |
| 2007 | 4 | 4 | 0 | $679,000 |
| 2006 | 20 | 20 | 0 | $1.9 million |
| 2005 | 57 | 8 | 49 | $4.7 million |
| 2004 | 17 | 8 | 9 | $2.1 million |
| 2003 | 27 | 13 | 14 | $3.3 million |
| 2002 | 38 | 32 | 6 | $4.9 million |
| 2001 | 45 | 25 | 20 | $6.1 million |
| 2000 | 28 | 14 | 14 | $2.5 million |
How Newton ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Newton and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Newton | $206K | +3.8% | $1,010 | 75 | $57,771 |
| Lambs Grove | $252K | +7.1% | $1,010 | 0 | $93,750 |
3.6 years of income
The typical Newton home costs about 3.6 years of the town's median household income, more than across Iowa (3.2 years).
How Newton ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,010
HUD's Fair Market Rent for a two-bedroom in Newton is $1,010 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Newton pay a median of $819, so moving in tends to cost more than staying put. A two-bedroom takes about 21% of the town's median household income.
Studio $790 · 4 bedrooms $1,370
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (50208; Jasper County, IA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.