Real Estate Market Update for Newnan, GA
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 18% from one year earlier, and down 2% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 34%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 180-thousand dollars. The number of units sold increased 39% year-over-year, and increased 17% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Newnan, GA
Area Information for Newnan, GA
  • Population: 35,252
  • Median Age: 34.07 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 1,844/sq mi
  • Population Change Since 2000: 87.24%
  • Closest Airport: Hartsfield - Jackson Atlanta International
  • Closest College: University Of West Georgia
  • Closest Jr. College: West Georgia Technical College
  • Median Household Income: $51,778
  • Annual Residential Turnover: 24%
  • Median Home Sales Price: $171,000
  • Closest Major Sports Team: Atlanta Braves
  • Change Avg. Household Income Since 2000: 25.11%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Newnan, GA
Median Age: 34.07 Married: 38% Number of Households: 13,309 Households with Children: 3,943
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Newnan, GA

      School Name Distance Type Grades School Rating Parent Rating
      Jefferson Parkway Elementary School 0.6 mi Public PRESCHOOL-5 2 0
      Carolyn Barron Montessori School 1.2 mi Private PRESCHOOL-8 0 0
      Maggie Brown Alternative School 1.7 mi Public - 0 0
      Elm Street Elementary School 1.8 mi Public K-5 4 0
      Northside Elementary School 1.9 mi Public PRESCHOOL-5 3 0
      First Baptist Preschool & Kindergarten 1.9 mi Private PRESCHOOL-K 0 0
      Odyssey School 2.0 mi Public K-8 0 0
      Evans Middle School 2.1 mi Public 6-8 3 0
      8th Grade Campus 2.4 mi Public 8-12 0 0
      Atkinson Elementary School 2.4 mi Public K-5 3 0
      Newnan Crossing Elementary School 2.5 mi Public K-5 3 0
      Winston Dowdell Academy 2.6 mi Public 9-12 0 0
      Ruth Hill Elementary School 2.6 mi Public PRESCHOOL-5 2 0
      The Heritage School 2.7 mi Private PRESCHOOL-12 0 0
      Newnan High School 2.8 mi Public 9-12 3 4
      Newnan Christian School 3.1 mi Private 1-12 0 0
      Madras Middle School 3.1 mi Public 6-8 4 0
      Orchard Hills Academy 3.7 mi Private PRESCHOOL-6 0 0
      Brooks Elementary School 4.5 mi Public PRESCHOOL-5 4 0
      Smokey Road Middle School 4.6 mi Public 6-8 2 0
      Arnall Middle School 4.8 mi Public 6-8 4 0
      White Oak Elementary School 4.8 mi Public PRESCHOOL-5 3 0
      Welch Elementary School 4.8 mi Public PRESCHOOL-5 3 0
      Arnco-sargent Elementary School 5.8 mi Public PRESCHOOL-5 2 0
      Western Elementary School 6.0 mi Public PRESCHOOL-5 1 0
      Arbor Springs Elementary School 7.0 mi Public PRESCHOOL-5 4 0
      Northgate High School 8.4 mi Public 9-12 4 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Newnan, GA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.