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Sarah Mitchell

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Compass Real Estate · East Newnan, GA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

East Newnan, GA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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East Newnan, GA Housing Market

Leaning buyer's-13.5% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The last median sale price Redfin published was $432,600, -13.5% year over year (through May 2026). With 5.5 months of supply and homes going under contract in about 42 days, East Newnan is a leaning buyer's. At today's 6.66% 30-year fixed rate, 20% down on a $432,600 home is about $2,224/mo in principal and interest.

Key numbers for East Newnan, GA

Median sale price

$432,600

-13.5% year over year

Redfin, through May 2026

Days on market

42

Average pace

Redfin, through May 2026

Active listings

11

5.5 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$41,080

Home costs 10.5x income

U.S. Census ACS, 2023

Sale-to-list ratio

99.9%

Selling below asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is East Newnan a buyer's or seller's market?

Leaning buyer's5.5 months of supply42 days on market99.9% of asking

East Newnan, GA is a leaning buyer's, based on 5.5 months of supply and homes selling in about 42 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the East Newnan housing market data show?

Every row below is Redfin's final published month for East Newnan, GA. Redfin, through May 2026

Housing market statistics for East Newnan, GA, Redfin through May 2026
MetricValue
Median sale price$432,600
Year-over-year price change-13.5%
Median price per sq ft$195/sq ft
Median days on market42 days
Active inventory11 listings
Months of supply5.5 months
Sale-to-list price ratio99.9%
Homes sold (that month)2
Listings with a price cut54.5%
Market conditionLeaning buyer's

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for East Newnan is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in East Newnan is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have East Newnan home prices moved?

Over the last three years the median sale price in East Newnan, GA rose 73.0%, from $250,000 to $432,600. 54.5% of East Newnan listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 5.5 months while the sale-to-list ratio slips below its current 99.9%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in East Newnan?

Priced off the median sale price of $432,600 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in East Newnan, GA
Down paymentCash at closeLoan amountMonthly P&I
20%$86,520$346,080$2,224/mo
5%$21,630$410,970$2,641/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,224, that implies roughly $95,314 a year before you add taxes and insurance. The median household in East Newnan earns $41,080, about $54,234 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 10.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in East Newnan in the next 12 months?

Tell us your timeline. We send the East Newnan market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in East Newnan?

Zillow does not publish a rent index (ZORI) for East Newnan, GA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in East Newnan?

Active listings in East Newnan, GA went from 9 in May 2025 to 11 in May 2026, a +22.2% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in East Newnan, GA
MonthActive listingsNew listings
June 202591
July 202583
August 202561
September 202595
October 202581
November 2025124
December 20259not published
January 2026127
February 202684
March 2026126
April 2026135
May 202611not published

Redfin, through May 2026

How does East Newnan compare to Georgia and the U.S.?

East Newnan homes sell for $432,60011% above the Georgia median of $389,000. Against the national median of $410,700, East Newnan runs 5% higher. Year-over-year, East Newnan moved -13.5% against Georgia's +1.6%a bigger swing than the state as a whole.

East Newnan, GA compared with Georgia and the United States
MarketMedian sale priceYoYDays on market
East Newnan, GA$432,600-13.5%42 days
Georgia statewide$389,000+1.6%49 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in East Newnan

What buyers should watch

  • Months of supply, currently 5.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 54.5%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $417 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $432,600 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median East Newnan listing goes under contract in 42 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 99.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • Comparable ZIP-level pricing inside East Newnan varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in East Newnan

There are currently 11 homes listed for sale in East Newnan, Georgia.

Active listings

11

Homes on market

Avg. days on market

42

Days until sale

Price drops:54.5%of listings
Sale-to-list:99.9%

How much do homes cost in East Newnan by property type?

How the East Newnan, GA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in East Newnan, GA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$432,600$195/sq ft242 days

Who lives in East Newnan?

American Community Survey estimates for East Newnan. U.S. Census ACS, 2023

Population

486

Households

201

Median income

$41,080/yr

Median age

45.8 years

Owner-occupied

56.2%

Median home value

$211,400

Mean commute

22.9 min

56.2% of occupied homes in East Newnan are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near East Newnan, GA?

Ordered by distance from East Newnan, not by size. Compare East Newnan side by side with any of them.

East Newnan housing market FAQ

Is East Newnan a buyer's or seller's market?

East Newnan, GA is currently a leaning buyer's. That read comes from 5.5 months of supply, homes going under contract in about 42 days, and sellers getting 99.9% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in East Newnan?

The median sale price in the last month Redfin published was $432,600, about $195 per square foot.

Is East Newnan cheaper than the rest of Georgia?

East Newnan's median sale price of $432,600 is 11% higher than the Georgia statewide median of $389,000, and 5% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in East Newnan?

Homes in East Newnan, GA spent a median of 42 days on market before going under contract, versus 49 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in East Newnan?

At the current 30-year fixed rate of 6.66%, 20% down on a $432,600 home is about $2,224 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $95,314 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $41,080.

Are home prices rising in East Newnan?

Redfin's last published year-over-year change for East Newnan, GA was -13.5%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in East Newnan?

East Newnan ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in East Newnan?

That depends on your timeline, not on a headline. What the data says today: East Newnan, GA is a leaning buyer's with 5.5 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $432,600, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.