Newnan, GA is a great place to live due to its strong housing market. The median value of a house in Newnan is $340,200, which is slightly higher than the national average of $338,100. Moreover, while the US has experienced a 1 year house appreciation of 8.27%, Newnan has seen an impressive 19.86% increase in value over the same period of time. This suggests that Newnan is an increasingly popular residential area with homes that are continuing to appreciate in value over time.
The median home cost in Newnan is $340,200. Home appreciation the last 10 years has been 148.3%. Home Appreciation in Newnan is up 26.5%.
Average Age of Homes
- The median age of Newnan real estate is 17 years old
The Rental Market in Newnan
- Renters make up 42.4% of the Newnan population
- 1.6% of houses and apartments in Newnan, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.