Real Estate Market Update for 18940 (Newtown, PA)

Video: Real Estate Community Tour for 18940 (Newtown, PA)

See Real estate community tour for 18940 (Newtown, PA)
Welcome to January's Market Update. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 15% from one year earlier, and down 27% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 610-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 27%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 340-thousand dollars. The number of units sold decreased 15% year-over-year, and decreased 7% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 18940 (Newtown, PA)
Area Information for 18940 (Newtown, PA)
  • Population: 29,813
  • Median Age: 44.77 yr
  • Median Commute Time: 32 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 912/sq mi
  • Population Change Since 2000: 8.98%
  • Closest Airport: Trenton Mercer
  • Closest College: Philadelphia Biblical University
  • Closest Jr. College: Bucks County Community College
  • Median Household Income: $111,128
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $426,000
  • Closest Major Sports Team: Trenton Thunder (aa)
  • Change Avg. Household Income Since 2000: 50.29%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 18940 (Newtown, PA)
Median Age: 44.77 Married: 53% Number of Households: 11,222 Households with Children: 3,773
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 18940 (Newtown, PA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Chesterbrook Academy 0.5 mi Private PRESCHOOL-K 0 0
      St Andrew School 1.0 mi Catholic PRESCHOOL-8 0 5
      Newtown El School 1.1 mi Public K-6 4 4
      Sol Feinstone El School 1.7 mi Public K-6 4-5 5
      Wrightstown El School 2.2 mi Public K-6 4 5
      Council Rock High School North 2.6 mi Public 9-12 5 4
      Childs World Inc 2.7 mi Private PRESCHOOL-K 0 0
      Goodnoe El School 2.7 mi Public K-6 4-5 5
      Newtown Middle School 2.8 mi Public 7-8 5 4
      Shir Ami Early Learning Center 2.8 mi Private PRESCHOOL-K 0 0
      Chandler Hall 3.3 mi Private PRESCHOOL-K 0 0
      Sloan School 3.4 mi Public 10-10 0 0
      Goddard School 3.5 mi Private PRESCHOOL-K 0 0
      George School 3.8 mi Private 9-12 0 4
      Newtown Friends School 4.2 mi Private PRESCHOOL-8 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for 18940 (Newtown, PA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.