Welcome to our 28658 real estate data hub, tailored for investors in Newton, NC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 28658 in Newton, NC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CATAWBA COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Newton, NC real estate investing. Uncover the wealth of information available, and position yourself for success in the Newton property market.
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Location Overview
- Zip Code: 28658
- City: Newton
- State: NC
- Metro Area: Hickory-Lenoir-Morganton, NC
- County Name: CATAWBA COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $227,150
- Average Home Price (Single Family Homes): $228,103
- Average Monthly Rental Price (All Types): $1,468
- Price-to-Rent Ratio: 13
- Zillow Projected % appreciation from 4/2023-4/2024: 3.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $850
- Average 3 Bedroom Section 8 Rental Rates: $1,110
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 22.27
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 17.05
- Number of Units Offered in Section 8 in the County: 415
- Number of Occupied Units in Section 8 in the County: 405
- Percentage of Section 8 Units Occupied in the County: 97.69999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 181.77
- Total % Appreciation since 2000 (Government Data): 90.21
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.69%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 11.31%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 48.77%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 79.99%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 124.93%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 100.12%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 134.3%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%