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Featured local agent — Newman Grove, NE
Sarah Mitchell
Compass Real Estate · Newman Grove, NE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Newman Grove, NE Housing Market & Real Estate
Housing market overview · Updated monthly ·
$148,996median sale price
How is the Newman Grove, NE housing market right now?
The median home sale price in Newman Grove, NE is $148,996, down 47.3% year-over-year. Homes sell in an average of 45 days. 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 Newman Grove a buyer's or seller's market?
Newman Grove, NE is currently a leaning buyer's and homes selling in about 45 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
45
Average pace
Active listings
—
Sale-to-list
93.8%
Below asking
What does the Newman Grove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $148,996 |
| Year-over-year price change | -47.3% |
| Average days on market | 45 days |
| Sale-to-list price ratio | 93.8% |
| Median price per sq ft | $66/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Newman Grove by property type?
How the Newman Grove, NE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $148,996 | $66/sq ft | 2 | 45 days |
| Townhouse | $190,000 | $67/sq ft | 1 | — |
Source: Redfin · Updated monthly
The Newman Grove housing market is currently classified as a leaning buyer's with a median sale price of $148,996. Prices have fallen 47.3% compared to last year, with homes spending an average of 45 days on market.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 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Newman Grove
Explore homes currently listed for sale in Newman Grove, Nebraska across major real estate platforms.
Who lives in Newman Grove?
Population
934
Median income
$57,000/yr
Median age
35.4 years
Owner-occupied
72.4%
College grads
10.4%
Avg commute
23 min
Source: U.S. Census Bureau ACS
What are homes worth in Newman Grove?
Zillow home value
$194,754
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Newman Grove?
Newman Grove is a community of approximately 1K residents with a median age of 35.4 years.The median household income is $57,000, which represents a working-class community with solid middle-income opportunities. 10.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 23 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Newman Grove offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Newman Grove?
2 schools tracked · 231 students
The largest public schools serving Newman Grove, NE 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.
NEWMAN GROVE ELEMENTARY SCHOOL
Grades PK-6 · 158 students
NEWMAN GROVE HIGH SCHOOL
Grades 7-12 · 73 students
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 Newman Grove, NE?
Want a head-to-head view? Compare Newman Grove side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Newman Grove?
The median home sale price in Newman Grove is $148,996, down 47.3% from last year.
How long do homes stay on market in Newman Grove?
Homes typically spend 45 days on market before going under contract.
What is the median income in Newman Grove?
The median household income is $57,000 per year.
What is the Zillow home value estimate for Newman Grove?
The Zillow Home Value Index (ZHVI) for Newman Grove is $194,754, representing the typical home value in the area.
How much does a single-family home cost in Newman Grove?
The median single-family home price in Newman Grove, NE is $148,996 (about $66 per square foot).
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