Newnan, GA—30263
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Newnan, GA
Home Price Trends — Newnan, GA
As of Oct '25, the median home price in Newnan, GA is $333,000, with a year-over-year change of -1.9%. This indicates that home prices in Newnan, GA are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $333,000 | -1.9% |
| Single Family | $335,000 | -1.5% |
| Condos | $289,000 | -3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $175,000 | -6.4% |
3 Bed | $294,000 | -2.6% |
4 Bed | $446,000 | 0.2% |
| 5 Bed | $589,000 | 1.0% |
% of Housing Stock
Rental Trends — Newnan, GA
As of July '25, Rentcast reports the average rent in Newnan, GA is $1,780, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Newnan, GA is studios: $1,300, 1-bedrooms: $1,500, 2-bedrooms: $1,760, 3-bedrooms: $2,020, 4-bedrooms: $2,450. The most common rental property sizes in Newnan, GA are 2-bedroom and 3-bedroom, accounting for 39.2% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,710 | $1,780 |
| Studio Rent | $1,240 | $1,300 |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $1,800 | $1,760 |
| 3 Bed Rent | $2,000 | $2,020 |
| 4 Bed Rent | $2,240 | $2,450 |
% of Rental Stock
Property Listings — Newnan, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newnan, GA is 68. This is a increase of 38.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $438,000 | 5.0% |
Listing Count | 342 | 9.0% |
| Listings as % of Homes | 1.1% | 9.0% |
Days on Market | 68 | 38.0% |
Demographics — Newnan, GA
As of the latest ACS Survey released in 2023, Newnan, GA has a population of 60,900, which has increased by 3.7% over the past 5 years. Newnan, GA is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 30.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 60,900 | 3.7% |
% Under 18 | 23.1% | -8.7% |
% Seniors | 14.6% | 11.5% |
% WFH | 10.0% | 177.8% |
% w/ College Degree | 30.9% | 27.2% |
As of the latest ACS Survey released in 2023, Newnan, GA is a predominantly white area, with 59.9% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Newnan, GA is black, making up 25.8% of the population. Foreign-born residents account for 7.8% of the population in Newnan, GA, and this percentage has increased by 30.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 59.9% | -3.1% |
% Black | 25.8% | -3.4% |
% Hispanic | 9.1% | 19.7% |
% Asian | 2.0% | 42.9% |
% Foreign Born | 7.8% | 30.0% |
Mortgage and Risk — Newnan, GA
According to HUD data as of 2023, there were 1168 mortgage originations in Newnan, GA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Newnan, GA. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,168 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Newnan, GA
As of 2024, the percent of homes in Newnan, GA under the Section 8 program is 7.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Newnan, GA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 996 |
Total Units Section 8 | 563 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 74.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,500 | $1,450 |
| 2 Bedroom | -$200 | $1,800 | $1,600 |
| 3 Bedroom | -$70 | $2,000 | $1,930 |
| 4 Bedroom | $80 | $2,240 | $2,320 |
Affordability — Newnan, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $333,000 |
| Median Household Income | $79,800 |