The story of this market
The typical home in ZIP 02459 sells for about $2,019,126, or $535 per square foot.
Prices are down 20.9% from a year ago, which gives buyers more room to negotiate. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $4,315 a month.
ZIP 02459 — Newton
The housing market in 02459 remains highly competitive with high median home values, though recent data shows a slight cooling in sales volume and price growth compared to previous peaks. Demand is driven by the area's excellent school system and proximity to Boston, keeping inventory tight despite broader economic shifts. Rent prices remain elevated, reflecting the area's desirability and limited rental supply.
This ZIP code is primarily suited for affluent families and professionals seeking high-quality schools, spacious suburban living, and convenient access to Boston's employment and cultural centers.
Median prices moved down 20.9% year over year.
Homes spend a median of 18 days on market with 1.5 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 3.1% — 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 6.1%/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 2.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 02459, Middlesex County, MA
The area is served by highly-rated public schools within the Newton Public Schools district, which is consistently recognized for academic excellence.
FEMA's National Risk Index rates the county's overall natural-hazard risk as Relatively High, with ice storms, cold waves, and hurricanes identified as the top-rated hazards.
The area benefits from proximity to major Boston-area employment hubs and academic institutions, maintaining steady demand for high-end residential real estate.
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 typically commute to Boston or Cambridge via the MBTA Green Line (D branch) or by driving along major corridors like Route 9 and the Massachusetts Turnpike (I-90).
The area features access to the Hammond Pond Reservation, various local parks, and proximity to major shopping districts including The Street Chestnut Hill and The Mall at Chestnut Hill.
The rental market is characterized by high demand and premium pricing, with limited vacancy pressure and a mix of long-term residential rentals and some investor-owned units.
The local economy is anchored by proximity to the Boston-Cambridge innovation corridor, with significant employment in education, healthcare, and professional services.
The area is served by the MBTA Green Line (D branch) and is well-connected to the regional highway network via Route 9 and I-90.
Development activity is primarily focused on high-end residential infill and mixed-use commercial projects in the surrounding Chestnut Hill and Newton Center areas.
Parcels are subject to the Newton Public Schools district and standard municipal utility and service districts.
Property insurance premiums are influenced by the area's exposure to regional weather hazards, including winter storms and potential hurricane-related wind damage.
Data retrieved from US Census Bureau ACS 2022 5-year estimates via Areazine.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
- Boston Tea Party Ships & Museum4.67.7 mi
- Supercharged Entertainment4.518.8 mi
- F1 Arcade Boston4.58 mi
- Museum of Illusions Boston4.57.9 mi
- Boda Borg Boston4.710.4 mi
- Fenway Park4.85.5 mi
- TD Garden4.67.7 mi
- Gillette Stadium4.615.2 mi
- Thomas M. Menino Convention & Exhibition Center4.57.7 mi
- Topgolf Boston - Canton3.97.7 mi
- Fenway Park4.85.5 mi
- Boston Common4.77.1 mi
- Museum of Fine Arts, Boston4.85.4 mi
- New England Aquarium4.48 mi
- Harvard Square4.66 mi
- Museum of Fine Arts, Boston4.85.4 mi
- Boston Public Library4.86.4 mi
- Isabella Stewart Gardner Museum4.75.1 mi
- Museum of Science4.77.4 mi
- Boston Tea Party Ships & Museum4.67.7 mi
- Boston Common4.77.1 mi
- Franklin Park Zoo4.44.9 mi
- Public Garden4.86.9 mi
- Charles River Esplanade4.86.6 mi
- Arnold Arboretum of Harvard University4.83.4 mi
- Community Boating, Inc.4.67 mi
- MIT Sailing Pavilion4.96.3 mi
- Atlantic Wharf4.67.7 mi
- Constitution Marina4.68 mi
- Topgolf Boston - Canton3.97.7 mi
- Granite Links Golf Club4.68.1 mi
- Robert T. Lynch Municipal Golf Course3.91.4 mi
- George Wright4.53.6 mi
- Newton Commonwealth Golf Course43 mi
- Encore Boston Harbor4.38.7 mi
- Natick Mall4.510.1 mi
- Burlington Mall4.412.5 mi
- Prudential Center Boston4.56.2 mi
- Quincy Market4.57.8 mi
- Boston Logan International Airport4.110 mi
- Park Shuttle & Fly4.510.6 mi
- The Lounge3.49.8 mi
- Boston Skydive Center530.4 mi
- DaCoopas Pizza4.19.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A large protected area offering hiking trails and natural scenery.
An upscale open-air shopping and dining destination.
A major regional shopping center featuring luxury retailers.
Key-figure check: median price diverges 30.2% from the nearest retained anchor (published ten-year series (2026)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $1,410,000 (30.2% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration.