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multi family homes for sale in Newton MA

Browse a huge variety of Newton, MA multi-family homes.

Newton multi family homes for sale

Price

Living Area

Pending

MLS® 73344933

Map of Newton MA multi family homes

For Sale

Pending

Active Under Contract

Newton, MA Housing Market Trends

(courtesy of Redfin)

$1,550,000

Median Sale Price

$561

Median Sale Price per Sq. Ft.

53

Total Homes Sold

98.5%

Sale-to-List Price

Market Overview

As of September 2024, Newton saw a 32.2% increase in home prices compared to the previous year, with a median price of $1.6M. Newton houses for sale now typically sell in 21 days, up from 20 days last year. September sales of Newton houses for sale are 53 homes, compared to 62 the previous year.
Market Competitiveness

The Newton real estate market presents high competition, with houses for sale in Newton MA receiving an average of 11 offers and selling in approximately 16 days. The median sale price for a home in Newton stood at $1.5M last month, marking a 9.69% decline from the previous year. Additionally, the median sale price per square foot in Newton is $591, reflecting a 7.6% increase compared to last year.
Migration Trends

Among Newton homebuyers, 17% sought to relocate outside of Newton, with 83% preferring to stay within the metropolitan area. New York homebuyers showed the highest interest in moving to Newton, followed by those from Hartford and Washington. Conversely, Portland emerged as the top destination for houses for sale Newton MA homebuyers, with Lebanon and Miami following closely behind.