Is Newton, IA 50208 a buyer’s or seller’s market?
Newton is a seller’s market. With about 2.5 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 49% of U.S. ZIP codes, and #89 of 156 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Newton housing market right now
In the three months ending August 31, 2026, 18% of homes in Newton, IA 50208 sold above their list price, the typical home went under contract in 38 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 109 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold about as fast and the median sale price rose 5% to $199,913. Overall, Newton is more competitive than a year ago, so tougher for buyers.
Within Jasper County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Newton ranks #89 of 156 IA ZIP codes with enough sales (score 48 out of 100).
Nearby, buyers who want less competition could look at Sully 50251 (0% sold over asking) or Reasnor 50232 (0% sold over asking), while Kellogg 50135 (33% sold over asking) is even more competitive.
Run the numbers for 50208
Nearby markets
Baxter 50028Buyer’s market $203 /sq ftColfax 50054Seller’s market $143 /sq ftIra 50127 — /sq ftKellogg 50135Balanced $157 /sq ft Browse all markets →Towns like Newton nearby
Find towns like Newton in other states →Where Newton is
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Questions about Newton real estate
Is Newton a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in Newton, IA 50208 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Newton?
The typical home went under contract in 38 days in the latest three months.
Do homes in Newton sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Newton?
About 1.41% of a home’s value a year in Jasper County, or roughly $5,640 on a $400,000 home.
What is the median home price in Newton?
The median sale price was $199,913 in the three months ending August 31, 2026, about $169 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology