City:

Newton, MA

Newton is a city in the state of massachusetts with a population of roughly 12,778. It is in Middlesex County, Massachusetts the Boston-Cambridge-Newton, MA-NH core-based statistical areas (CBSA), and the Boston-Worcester-Providence, MA-RI-NH-CT combined statistical area (CSA).Its Zip codes include 02458 .

The Price of Newton: Trends and Implications

Newton is a city located in Middlesex County, Massachusetts, United States. As of the 2010 census, the population was 25,521. Newton is home to several colleges and universities, including Harvard University and Massachusetts Institute of Technology. The city's economy is based largely on scientific and technological research and development.

The history of real estate in Newton dates back to 1636 when the first land grant in what would become Newton was given to Captain John Mason. In 1642, construction began on the first house in what would become Newton Center. The town of Newton was officially incorporated on October 12th, 1798. The early settlers were primarily farmers who raised livestock and crops. In 1851, a sawmill was built near what is now known as Lincoln Square Park which led to an increase in lumber production and the development of new businesses such as furniture making and shoe manufacturing. By 1870 there were over 100 businesses in Newton Center alone.

Today, real estate continues to be one of the leading industries in Newton with a number of high-end residential properties available for purchase or lease. There are also a number of commercial properties available for lease or purchase including office space, retail stores, restaurants and hotels.

Price Index: Cambridge-Newton-Framingham, MA (MSAD)

Get Started