Newton, IL housing market
The typical Newton home is worth about $161,000, up 7.9% in a year, 46% below the Illinois typical home.
Home values, sales, trends and how Newton compares with the towns next door — updated as new data is published.
Newton at a glance
Typical home value, 2016–2026
Show as a table
| January | Newton | Illinois |
|---|---|---|
| 2017 | $96,000 | $181,000 |
| 2018 | $98,000 | $190,000 |
| 2019 | $95,000 | $195,000 |
| 2020 | $108,000 | $200,000 |
| 2021 | $124,000 | $215,000 |
| 2022 | $131,000 | $236,000 |
| 2023 | $131,000 | $248,000 |
| 2024 | $140,000 | $263,000 |
| 2025 | $141,000 | $278,000 |
| 2026 | $159,000 | $290,000 |
| August 2026 | $161,000 | $298,000 |
6 new homes permitted in 2025
Builders were permitted 6 new homes in Newton in 2025: 2 single-family houses and 4 in buildings with two or more homes. That's 2 per 1,000 residents, faster than across Illinois (1.6). Over the past 10 years, Newton has permitted 16 homes in all.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 6 | 2 | 4 | $934,000 |
| 2024 | 2 | 2 | 0 | $500,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 1 | 1 | 0 | $396,000 |
| 2021 | 3 | 3 | 0 | $300,000 |
| 2020 | 1 | 1 | 0 | $150,000 |
| 2019 | 1 | 1 | 0 | $150,000 |
| 2018 | 1 | 1 | 0 | $150,000 |
| 2017 | 1 | 1 | 0 | $150,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $150,000 |
| 2013 | 3 | 3 | 0 | $600,000 |
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.
2.6 years of income
The typical Newton home costs about 2.6 years of the town's median household income, less than across Illinois (3.6 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 $920
HUD's Fair Market Rent for a two-bedroom in Newton is $920 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Newton pay a median of $794, so moving in tends to cost more than staying put. A two-bedroom takes about 18% of the town's median household income.
Studio $630 · 4 bedrooms $1,310
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62448; Clay County, IL), 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. 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.