Market Overview
Home Prices in Newton, IL
The median home value in Newton, IL is $156,975 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.2% compared to a year ago and up 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Newton are priced62% below average.
Over the past five years, Newton home values have risen by approximately26.5%, reflecting strong long-term appreciation in this market.
Price History
Newton Home Price Trend
2020
$111,552
$112K
—
2021
$124,076
$124K
+11.2%
2022
$130,827
$131K
+5.4%
2023
$135,739
$136K
+3.8%
2024
$138,260
$138K
+1.9%
2025
$143,719
$144K
+3.9%
2026
$156,975
$157K
+9.2%
City Comparison
Newton vs. National Median
🏠 Newton
$156,975
National Median
$410,000
At $156,975, homes in Newton cost 62% below the national median of $410,000. This makes Newton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Newton?
20% Down Payment
$31,395
on $156,975
Monthly P&I
$819/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,040/mo
incl. taxes & insurance
Income Needed
$41,600
gross annual (30% rule)
10% Down Option
$15,698
+ PMI applies
Loan Amount (20% dn)
$125,580
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Newton, IL?
The median home value in Newton is $156,975 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.2% year-over-year.
How much have home prices changed in Newton?
Over the past year, home values in Newton have increased by 9.2%. Over five years, prices have risen approximately 26.5%.
How much do I need to earn to buy a home in Newton?
To comfortably afford the median home price of $156,975 with a 20% down payment ($31,395) at today's rates (6.8%), you'd need a gross annual income of approximately $41,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Newton compare to the national average home price?
The national median home value is approximately $410,000. At $156,975, homes in Newton are 62% below the national average.