The story of this market
The typical home in ZIP 02464 sells for about $1,070,000, or $545 per square foot.
Prices are up +25.4% from a year ago, so sellers still have some momentum. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,200 a month.
ZIP 02464 — Newton
The 02464 housing market is highly competitive, driven by limited inventory and strong demand for top-tier school districts and transit access. Prices have seen significant year-over-year growth, reflecting the area's desirability as a premium suburban enclave near Boston. Market conditions remain tight with low days on market and high sale-to-list ratios.
This ZIP is ideal for affluent families and professionals who prioritize top-tier school systems, safety, and convenient transit access to Boston's employment hubs while seeking a suburban residential environment.
Median prices moved up 25.4% year over year.
Homes spend a median of 14 days on market with 2.1 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 102.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 9.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 02464, Middlesex County, MA
Newton is consistently ranked as one of the safest communities in Massachusetts with crime rates significantly lower than the state and national averages.
The area is served by the highly-regarded Newton Public Schools, which are consistently ranked among the top districts in Massachusetts for academic performance and college readiness.
The area faces standard New England climate risks, including winter storm impacts and localized flooding in low-lying areas near the Charles River; insurance premiums are generally stable but reflect regional coastal-adjacent risk factors.
Economic momentum is driven by proximity to the Route 128/I-95 technology corridor and easy access to Boston's academic and biotech hubs, with ongoing transit-oriented development near the MBTA Green Line.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents benefit from direct access to the MBTA Green Line (Riverside branch) and proximity to I-95/Route 128, providing a commute of approximately 25-30 minutes to downtown Boston.
The area features extensive access to the Charles River pathways, Hemlock Gorge Reservation, and numerous local parks, with high-end shopping and dining available in nearby Newton Centre and Chestnut Hill.
The rental market is characterized by low vacancy rates and high demand from professionals and graduate students, with limited inventory driving consistent rent growth.
The local economy is anchored by the professional, scientific, and technical services sectors, with significant employment provided by nearby academic institutions and the Route 128 tech corridor.
The area is served by the MBTA Green Line D branch and major highway access via I-95/Route 128 and the Massachusetts Turnpike.
Development is focused on transit-oriented projects near the Riverside station and adaptive reuse of historic commercial properties.
The City of Newton Assessor's Office manages property valuations, which are updated annually to reflect market conditions.
Parcels are subject to City of Newton municipal taxes and standard utility districts; no special MUD or PID districts are present.
Property insurance market is stable, though premiums are influenced by regional flood risk mapping near the Charles River.
Data retrieved from Census Reporter and US Census Bureau ZCTA profiles.
- Boston Tea Party Ships & Museum4.69.1 mi
- Supercharged Entertainment4.518.9 mi
- Apex Entertainment Marlborough4.418.7 mi
- F1 Arcade Boston4.59.4 mi
- Museum of Illusions Boston4.59.2 mi
- Fenway Park4.86.7 mi
- TD Garden4.68.9 mi
- Gillette Stadium4.615.5 mi
- Thomas M. Menino Convention & Exhibition Center4.59.1 mi
- Topgolf Boston - Canton3.98.9 mi
- Fenway Park4.86.7 mi
- Boston Common4.78.4 mi
- Museum of Fine Arts, Boston4.86.7 mi
- New England Aquarium4.49.3 mi
- Harvard Square4.66.7 mi
- Museum of Fine Arts, Boston4.86.7 mi
- Boston Public Library4.87.7 mi
- Isabella Stewart Gardner Museum4.76.5 mi
- Museum of Science4.78.6 mi
- Boston Tea Party Ships & Museum4.69.1 mi
- Boston Common4.78.4 mi
- Franklin Park Zoo4.46.7 mi
- Public Garden4.88.2 mi
- Charles River Esplanade4.87.8 mi
- Arnold Arboretum of Harvard University4.85.1 mi
- Topgolf Boston - Canton3.98.9 mi
- Granite Links Golf Club4.610 mi
- Robert T. Lynch Municipal Golf Course3.93.1 mi
- George Wright4.55.4 mi
- Newton Commonwealth Golf Course43.4 mi
- Encore Boston Harbor4.39.6 mi
- Burlington Mall4.411.8 mi
- Natick Mall4.58.4 mi
- Prudential Center Boston4.57.5 mi
- Quincy Market4.59.1 mi
- Boston Logan International Airport4.111.4 mi
- Park Shuttle & Fly4.511.8 mi
- The Lounge3.411.2 mi
- Boston Skydive Center530.1 mi
- DaCoopas Pizza4.110.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Scenic park featuring the historic Echo Bridge and walking trails along the Charles River.
A well-preserved historic village area with 19th-century architecture.
Upscale open-air shopping and dining destination located just minutes away.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.