Newberry, FL—32669
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newberry, FL
As of Oct '25, the median home price in Newberry, FL is $345,000, with a year-over-year change of -3.0%. This indicates that home prices in Newberry, FL are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $345,000 | -3.0% |
| Single Family | $353,000 | -3.3% |
| Condos | $221,000 | -3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $170,000 | -3.4% |
2 Bed | $236,000 | -5.2% |
3 Bed | $318,000 | -3.3% |
4 Bed | $437,000 | -2.9% |
| 5 Bed | $489,000 | -3.7% |
% of Housing Stock
Rental Trends — Newberry, FL
As of July '25, Rentcast reports the average rent in Newberry, FL is $2,450, with a year-over-year rent change of 3.8%. Per bedroom, the median rent as of July '25 in Newberry, FL is 1-bedrooms: $1,620, 2-bedrooms: $1,820, 3-bedrooms: $2,330, 4-bedrooms: $2,800. The most common rental property sizes in Newberry, FL are 3-bedroom and 2-bedroom, accounting for 31.6% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,650 | $1,620 |
| 2 Bed Rent | $1,700 | $1,820 |
| 3 Bed Rent | $2,200 | $2,330 |
| 4 Bed Rent | $2,750 | $2,800 |
% of Rental Stock
Property Listings — Newberry, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Newberry, FL is 95. This is a increase of 19.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $401,000 | 2.0% |
Listing Count | 175 | 32.0% |
| Listings as % of Homes | 1.5% | 32.0% |
Days on Market | 95 | 19.0% |
Demographics — Newberry, FL
As of the latest ACS Survey released in 2023, Newberry, FL has a population of 17,400, which has increased by 33.1% over the past 5 years. Newberry, FL is a popular place for families, as children make up 25.9% of the population. The area has a moderately educated workforce, with 41.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,400 | 33.1% |
% Under 18 | 25.9% | -8.5% |
% Seniors | 17.8% | 23.6% |
% WFH | 12.1% | 112.3% |
% w/ College Degree | 41.9% | 10.6% |
As of the latest ACS Survey released in 2023, Newberry, FL is a predominantly white area, with 60.9% of the population identifying as white. The white population has shrunk by 22.3% in the last 5 years. The second most common race or ethnicity in Newberry, FL is hispanic, making up 15.0% of the population. Foreign-born residents account for 9.2% of the population in Newberry, FL, and this percentage has increased by 53.3% 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 | 60.9% | -22.3% |
% Black | 12.6% | 35.5% |
% Hispanic | 15.0% | 102.7% |
% Asian | 6.1% | 117.9% |
% Foreign Born | 9.2% | 53.3% |
Mortgage and Risk — Newberry, FL
According to HUD data as of 2023, there were 550 mortgage originations in Newberry, FL, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Newberry, FL. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 550 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Newberry, FL
As of 2024, the percent of homes in Newberry, FL under the Section 8 program is 10.2%. 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. In Newberry, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 101 |
Total Units Section 8 | 68 |
% Rentals under Section 8 | 10.2% |
% Occupied Section 8 | 65.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$250 | $1,650 | $1,400 |
| 2 Bedroom | $0 | $1,700 | $1,700 |
| 3 Bedroom | -$40 | $2,200 | $2,160 |
| 4 Bedroom | -$500 | $2,750 | $2,250 |
Affordability — Newberry, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $345,000 |
| Median Household Income | $102,000 |