Newman, CA

Buyer's market-14.2% YoY

Housing market overview · Updated weekly

$430,000median sale price

Homes sold

5

Last 12 weeks

Days on market

71

Average pace

Active listings

33

6.6 months supply

Sale-to-list

99.9%

Below asking

The Newman housing market is currently classified as a buyer's market with a median sale price of $430,000. Prices have fallen 14.2% compared to last year, with homes spending an average of 71 days on market, indicating 6.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Newman

There are currently 33 homes listed for sale in Newman, California. The median listing price is $510K.

Active listings

33

Homes on market

Median list price

$510K

Avg. days on market

71

Days until sale

New this week

9

Newly listed

Price drops:42.4%of listings
Sale-to-list:99.9%

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Frequently asked questions

What is the average home price in Newman?

The median home sale price in Newman is $430,000, down 14.2% from last year.

How long do homes stay on market in Newman?

Homes typically spend 71 days on market before going under contract.

Is Newman a buyer's or seller's market?

With 6.6 months of supply, Newman is currently a buyer's market.

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