The story of this market
The typical home in ZIP 02461 sells for about $1,600,000, or $534 per square foot.
Prices are up +24.6% from a year ago, so sellers still have some momentum. Homes take about 49.5 days to sell. HUD's fair market rent for a two-bedroom is $4,207 a month.
ZIP 02461 — Newton
The market in 02461 remains highly competitive with very low inventory and high price points, reflecting strong demand for the area's amenities and school quality. While sales volume is low, prices have seen significant year-over-year growth. Some data points, such as specific permit activity, were not determinable at the ZIP level.
This ZIP is well-suited for affluent families and professionals who value high-quality schools, historic character, and convenient transit access to Boston's employment core.
Median prices moved up 24.6% year over year.
Homes spend a median of 50 days on market with 3.3 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 3.8% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 02461, Middlesex County, MA
The area is served by the Newton Public Schools district, which is highly regarded for its academic performance and comprehensive educational programs.
The county is rated as having a relatively high natural-hazard risk, with ice storms, cold waves, and hurricanes identified as the primary threats.
The area benefits from proximity to major employment hubs in the Boston metro, with strong local industry presence in professional services, health care, and accommodation.
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 access to the MBTA Green Line (D branch) at Newton Highlands station, providing direct transit to downtown Boston, alongside major highway access via Route 9 and I-95.
The area features access to local green spaces such as Crystal Lake and various neighborhood parks, with extensive shopping and dining options available in the Newton Highlands village center.
The rental market is characterized by high demand and limited inventory, with typical rents significantly above the state median, reflecting the area's desirability and proximity to Boston.
The local economy is anchored by professional services, health care, and the broader Boston-area innovation and education sectors.
The area is served by the MBTA Green Line and is well-connected to the regional highway network, including I-95 and the Massachusetts Turnpike.
Development is primarily focused on infill and residential upgrades within the established village centers.
The City of Newton Assessor's office manages property valuations based on market data and state-mandated assessment cycles.
Parcels are subject to municipal taxes and school district levies; no special utility or flood control districts are reported.
Property insurance premiums are influenced by regional hazard risks, including coastal storm exposure and winter weather events.
Data retrieved from US Census Bureau ACS 2024 5-year estimates for ZCTA 02461.
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 & Museum4.68.4 mi
- Supercharged Entertainment4.519.2 mi
- Apex Entertainment Marlborough4.419.4 mi
- F1 Arcade Boston4.58.7 mi
- Museum of Illusions Boston4.58.5 mi
- Fenway Park4.86.1 mi
- TD Garden4.68.3 mi
- Gillette Stadium4.615.7 mi
- Thomas M. Menino Convention & Exhibition Center4.58.5 mi
- Topgolf Boston - Canton3.98.7 mi
- Fenway Park4.86.1 mi
- Boston Common4.77.8 mi
- Museum of Fine Arts, Boston4.86.1 mi
- New England Aquarium4.48.7 mi
- Harvard Square4.66.1 mi
- Museum of Fine Arts, Boston4.86.1 mi
- Boston Public Library4.87 mi
- Isabella Stewart Gardner Museum4.75.8 mi
- Museum of Science4.77.9 mi
- Boston Tea Party Ships & Museum4.68.4 mi
- Boston Common4.77.8 mi
- Franklin Park Zoo4.46 mi
- Public Garden4.87.5 mi
- Charles River Esplanade4.87.2 mi
- Arnold Arboretum of Harvard University4.84.4 mi
- Community Boating, Inc.4.67.6 mi
- MIT Sailing Pavilion4.96.8 mi
- Topgolf Boston - Canton3.98.7 mi
- Granite Links Golf Club4.69.4 mi
- Robert T. Lynch Municipal Golf Course3.92.4 mi
- George Wright4.54.9 mi
- Newton Commonwealth Golf Course42.8 mi
- Encore Boston Harbor4.39 mi
- Burlington Mall4.411.7 mi
- Natick Mall4.59.1 mi
- Prudential Center Boston4.56.8 mi
- Quincy Market4.58.4 mi
- Boston Logan International Airport4.110.7 mi
- Park Shuttle & Fly4.511.1 mi
- The Lounge3.410.5 mi
- Boston Skydive Center530.5 mi
- DaCoopas Pizza4.110.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A popular local destination for swimming and recreation.
A historic commercial district featuring local shops and restaurants.
Key-figure check: median price diverges 14.9% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.