There is also a wide variety of price ranges so, while the average price in Newton may be higher than in Lexington (which is plenty high), there will likely be some homes available at a similar or lower price than in Lexington.
Another perk is if you buy in the Newton North High School district, your children will be in a $190M facility, completed just a couple of years ago.
Lexington is an equally beautiful town, with perhaps a little more cohesive and suburban feel, overall, than Newton.
As others have mentioned, there are many great cities and towns in the Boston Metro area with a reasonable commute to the MIT area, by car or by public transportation.
Renting in the short term is an excellent way to go. You'll find out much more about which community best fits your particular needs.
Best of luck, and welcome to Massachusetts!
Both of these towns are beautiful and comparable in terms of school ratings, demographics, land value, etc. Belmont is another town worth looking at, with superb accessibility to MIT.
I've worked in this area for many years and specialize in relocation. Please reach out for a tour of these towns so that you can get a better feel.
Both areas are FANTASTIC places to live. Incredible school districts and downtown's with tons of amenities and charm. Your commute from Newton will be quickest in West Newton and Newtonville and Lexington within 128.
If you are considering Newton, you may also want to consider Brookline (especially areas such as coolidge corner and chestnut hill) as the commute is equidistant to MIT and the schools in Brookline are also top notch (plus access to downtown Boston is easy, nice bonus). Two other areas to seriously consider is Arlington and Belmont. Arlington you get more bang for your buck, great schools and close commute to MIT (same side of town as Lexington but closer to MIT) and Belmont (more expensive) also close MIT (shorter than Lexington).
Given how competitive the market is in all of these areas over this last 6 months, my office is predicting sales to be up 5% this winter and maybe as much as 15% once the spring market hits. This is important for you as a buyer to know in advance in terms of setting expectations. When you see places you like chances are you will need to act fast so best to come into the market fully prepared (pre approval in hand, finances in order and flexibility to move ready).
All below is every listing on the market in each town displayed on a map so you can see the distance to Cambridge:
Feel free to call us anytime for exclusive buy-side advice. Helping home buyer's is what we do, it's ALL we do.
Territory Real Estate
Massachusetts Premier Buyer Brokerage
617 848 5407 x701