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Sarah Mitchell

CNESRESABR

Compass Real Estate · Newnan, GA

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

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

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Newnan, GA Housing Market & Real Estate

Leaning buyer's+2.0% YoY

Housing market overview · Updated monthly ·

$382,500median sale price

How is the Newnan, GA housing market right now?

The median home sale price in Newnan, GA is $382,500, up 2.0% year-over-year. Homes sell in an average of 59 days with 161 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Leaning buyer's4.0 months of supply59 avg. days on market

Newnan, GA is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 59 days. How we determine this →

Homes sold

40

Last 12 weeks

Days on market

59

Average pace

Active listings

161

4.0 months supply

Sale-to-list

99.0%

Below asking

What does the Newnan housing market data show?

Current housing market statistics for Newnan, GA
MetricValue
Median sale price$382,500
Median list price$389,900
Year-over-year price change+2.0%
Average days on market59 days
Active inventory161 listings
Months of supply4.0 months
Sale-to-list price ratio99.0%
Median price per sq ft$164/sq ft
Homes sold (latest month)40
New listings (latest month)54
Listings with a price cut37.3%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Newnan by property type?

How the Newnan, GA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Newnan, GA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$407,500$164/sq ft3358 days
Condo / Co-op$306,750$176/sq ft258 days
Townhouse$250,000$163/sq ft559 days

Source: Redfin · Updated monthly

The Newnan housing market is currently classified as a leaning buyer's with a median sale price of $382,500. Prices have risen 2.0% compared to last year, with homes spending an average of 59 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.

Homes for sale in Newnan

There are currently 161 homes listed for sale in Newnan, Georgia. The median listing price is $390K.

Active listings

161

Homes on market

Median list price

$390K

Avg. days on market

59

Days until sale

New this week

54

Newly listed

Price drops:37.3%of listings
Sale-to-list:99.0%

Who lives in Newnan?

Population

43,510

Median income

$80,299/yr

Median age

35.8 years

Owner-occupied

57.2%

College grads

39.8%

Avg commute

29.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Newnan?

Zillow home value

$368,758

Zillow rent index

$1,821/mo

Price-to-rent ratio

16.9x

Price-to-income

4.6x

Source: Zillow Research

What is it like to live in Newnan?

Newnan is a community of approximately 44K residents with a median age of 35.8 years.The median household income is $80,299, which reflects a relatively affluent area with strong earning potential. 39.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 57.2%, showing a blend of owner and renter-occupied properties. The average commute time is 29.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Newnan offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Newnan?

19 schools tracked · 14,165 students

The largest public schools serving Newnan, GA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Newnan High School

Grades 9-12 · 2,246 students

Public

Northgate High School

Grades 9-12 · 2,054 students

Public

Welch Elementary School

Grades PK-5 · 946 students

Public

Newnan Crossing Elementary School

Grades PK-5 · 943 students

Public

Brooks Elementary

Grades PK-5 · 822 students

Public

Evans Middle School

Grades 6-8 · 798 students

Public

Madras Middle School

Grades 6-8 · 723 students

Public

White Oak Elementary School

Grades PK-5 · 707 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Newnan, GA?

Want a head-to-head view? Compare Newnan side-by-side with any other U.S. city using our market-comparison tool.

Is Newnan a good real estate investment market?

For investors evaluating Newnan, the price-to-rent ratio of 16.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Newnan's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Newnan's median home price.

Frequently asked questions

What is the average home price in Newnan?

The median home sale price in Newnan is $382,500, up 2.0% from last year.

How long do homes stay on market in Newnan?

Homes typically spend 59 days on market before going under contract.

What is the median income in Newnan?

The median household income is $80,299 per year.

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

With 4.0 months of supply, Newnan is currently a leaning buyer's.

What is the Zillow home value estimate for Newnan?

The Zillow Home Value Index (ZHVI) for Newnan is $368,758, representing the typical home value in the area.

What is the median condo price in Newnan?

The median condo/co-op sale price in Newnan, GA is $306,750, compared to $407,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Newnan?

The median single-family home price in Newnan, GA is $407,500 (about $164 per square foot).

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