Newnan, GA Home Values & Market Trends
Real estate market trends reflect that there have been 1,613 transactions over the past year in Newnan. The median value for residential home transactions that occurred over the previous year is $341,603.26. The number of current listings in Newnan is 243, and the percentage of properties for sale in the city is 243.00%. Newnan, GA currently has 23 properties in foreclosure, 1 bank owned properties, 22 properties headed for auction, and 243 properties for sale.
Newnan, GA Real Estate Market Overview
Housing Market Summary for Newnan, GA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $399.9K | $347.8K | -13.03% |
| Median Sold Price | $332.7K | $347.8K | 4.53% |
| Homes For Sale | 197 | 249 | 26.40% |
| Homes Sold | 662 | 561 | -15.26% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Newnan, GA
Browse Homes in Newnan, GA
Newnan home values range from $19,668 to $6,851,264. The median estimated value of a home in Newnan is $341,603.26. The median list price of a home is 399,900, and the total count of properties in the city is 32,078.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Newnan, GA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Newnan, GA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Newnan, GA ranges from the highest value of $237,300 in 30263 to the lowest value of $237,300 in 30263. Bank owned homes and properties account for 0.00% of properties in Newnan, GA. There are 3 zips within Newnan, GA; 30263 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions30263 has 16 auction properties, the highest number of properties going to auction in a single zip in the state of Newnan, GA. Auction homes and other auction properties account for 0.07% of all properties in Newnan, GA. There are 3 zips within Newnan, GA; of those zips, the median estimated home value for homes going to auction ranges from $389,662 in 30265 to the lowest value of $82,158 in 30265.
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More Real Estate Resources for Newnan, GA
Guide for Newnan, GA
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The Atlanta real estate market, with values and inventory levels fluctuating, continues to evolve based on numerous factors. Detailed data, including average property value, per square foot value, and property counts, outlines these trends, enabling buyers, sellers, and investors to understand and navigate the market effectively.
Georgia foreclosure laws and processes are important to know for real estate investors. Get all the information on GA foreclosure timelines and laws here
What is the impact on nearby house values of a foreclosed home?
