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Newton city, MA

ZIP 02464 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02464

Median Home Value
$899,300
Median Rent
$2,232
Affordability Snapshot
$248,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,777/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

33.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 02464 in Newton city, MA, a household would need roughly $248,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,777. That is about 97% above the local median household income ($125,846), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
60.3%-8% vs US avg
x
Vacancy Rate
7.2%-30% vs US avg
x
Broadband Access
99.2%+14% vs US avg
x
4+ Bedrooms
9.7%-35% vs US avg
x
Built Pre-1939
6.4%-50% vs US avg
x
Built Post-2014
2.1%-69% vs US avg
x
Rent Burden >30%
20.9%-58% vs US avg
x
Mortgage-Free
47.8%+25% vs US avg
x
$899,300
Home Value
$2,232
Rent
1943
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached30.1%
  • 1-unit attached17.8%
  • 2-9 units35.5%
  • 10+ units16.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$899,300
Median rent$2,232
Owner-occupied60.3%
Vacant7.2%
Price-to-income7.1x
Est. income to buy$248,000