Real Estate Market Update for Newtown, PA
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 4% from one year earlier, and up 6% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 640-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 10%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 420-thousand dollars. The number of units sold increased 4% year-over-year, and increased 8% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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.
Map Information for Newtown, PA
Area Information for Newtown, PA
  • Population: 29,432
  • Median Age: 42.69 yr
  • Median Commute Time: 27.89 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 901/sq mi
  • Population Change Since 2000: 7.46%
  • Closest Airport: Philadelphia International
  • Closest College: The College Of New Jersey
  • Closest Jr. College: Bucks County Community College
  • Median Household Income: $115,489
  • Annual Residential Turnover: 12.32%
  • Median Years in Residence: 4.41 yr
  • Median Home Sales Price: $372,500
  • Closest Major Sports Team: Trenton Thunder
  • Change Avg. Household Income Since 2000: 39%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Newtown, PA
Median Age: 42.69 Married: 43% Number of Households: 11,148 Households with Children: 4,280
Community:
    • 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 Newtown, PA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Chesterbrook Academy 0.5 mi Private K-K 0 0
      St. Andrew School 1.0 mi Catholic PRESCHOOL-8 0 5
      Newtown Elementary School 1.1 mi Public K-6 4 4
      Sol Feinstone Elementary School 1.7 mi Public K-6 4-5 5
      Wrightstown Elementary School 2.2 mi Public K-6 4 5
      Childs World Inc 2.6 mi Private PRESCHOOL-K 0 0
      Council Rock High School North 2.6 mi Public 9-12 5 4
      Goodnoe Elementary 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
      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: GreatSchools.org and Onboard Informatics 2014
      Local Weather for Newtown, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.