Residential · city

Newnan market report

Closed sales series. Latest median $366,600 (+4.7% YoY). Balanced on live supply.

Closed sales through 2026-10. Live inventory is a current snapshot, not the closed month. 168 active · 8 under contract · 16 pending. Total residential listings by status: 192.

Data confidence: High. 329 closings in the last 12 months. Enough closings to read a trend.

Latest median$366,600+4.7% YoY
Months of supply5.8Balanced · 6.1 on 27/mo trailing-12
$/SF$176-4.7% YoY
DOM46+58.6% YoY
Sale/list98.5%62.1% below

Versus the broader market

Latest closed month only, not the 12-month figure above. The Georgia footprint is the macro context.

Median price-7.2%$366,600 vs $395,000 market-wide
$/SF-5.3%$176 vs $186 market-wide
DOM+35%46 days vs 34 market-wide
Sale/list-0.2 pts98.5% vs 98.7%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

62
Softening

3-month volume-weighted median $373,981 (+6.6% vs same 3 months last year) on 80 closings. Latest month is $366,600. Confidence: Moderate (80 closings in 3 months).

3-month $/SF is down 10.0% versus the same 3 months last year. Median and $/SF are moving apart. That is usually a change in what sold, not pure appreciation or depreciation.

Months of supply57
5.8 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price17
+6.6% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed95
1.86 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)90
0.09 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced78
45% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend41
+1.9% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Balanced

5.8 months of supply on last month’s pace (168 active ÷ 29 closings). 6.1 months on the trailing-12 pace (average 27 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 62.1% of last month’s closings were below list. Days on market are up 59% from a year ago.

Homes for sale in Newnan, GA →

How homes actually closed

Above list3.4%More than 1% over list
At list34.5%Within 1% of list
Below list62.1%More than 1% under list
Price reduced44.8%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.0916 pending ÷ 176 (active + under contract)
New / closed1.8654 listed in 30 days vs 29 closed
Loosening

More homes are coming on than are selling. If pendings do not pick up, sellers lose leverage.

If you own in Newnan

High confidence. 329 closings in the last 12 months.

  • This is the market your home sits in. It is too broad to be your only comp, and too local to ignore.
  • City median is $366,600. Price your home off the neighborhood or school district, then check that it still makes sense against this number.
  • 5.8 months of supply. Median days on market 46. That is how long a correctly priced listing is taking.
  • If you are deciding whether to list, the useful question is what is for sale on your street and in your school district, not the citywide median. Homes for sale in Newnan, GA →

What this means if you are listing in Newnan

  • Price to the closed median and $/SF here ($366,600, $176), not the market-wide number. This market is below the broader market by 7.2% on median.
  • With 5.8 months of supply, expect about 46 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 62.1% of recent closings were below list and 44.8% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale in Newnan, GA →

What this means if you are making an offer

  • Well-priced homes still close close to list; your better leverage is on homes that have sat.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 44.8% of recent closings had a price reduction.
  • Confirm the number against the neighborhood or ZIP page, not just the city or market-wide median.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k2714.1%
$300–500k11559.9%
$500–750k2513.0%
$750k–1M157.8%
$1M+105.2%

Property types

TypeListedMedian ask
Single Family Residence168$415,950
Townhouse24$371,447

168 active, 8 under contract, 16 pending. 54 new in the last 30 days.

Median close price

Median close price · 2021-11 – 2026-10
2021-112026-10

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Oct 202629$366,600$1764698.5%62.1%44.8%
Sep 202625$375,000$15532100.0%40.0%48.0%
Aug 202626$381,235$1583298.4%65.4%34.6%
Jul 202631$359,000$1853098.7%51.6%38.7%
Jun 202640$374,735$1795199.1%45.0%60.0%
May 202623$385,000$1812799.7%43.5%47.8%
Apr 202626$355,000$15929100.0%42.3%42.3%
Mar 202640$347,818$18138100.0%42.5%47.5%
Feb 202623$361,135$1777698.7%52.2%47.8%
Jan 202616$372,500$1676597.4%68.8%56.3%
Dec 202526$375,009$1864698.8%53.8%65.4%
Nov 202524$353,068$1655397.6%70.8%41.7%
Oct 202531$350,000$1852999.2%38.7%48.4%
Sep 202533$346,000$1833499.0%51.5%36.4%
Aug 202523$359,111$1773899.2%47.8%39.1%
Jul 202535$349,885$1744598.3%57.1%40.0%
Jun 202535$379,000$1673599.1%48.6%51.4%
May 202526$372,500$1703899.9%34.6%46.2%
Apr 202526$346,000$16525100.0%26.9%42.3%
Mar 202522$340,500$1643999.4%45.5%59.1%
Feb 202522$329,043$1673197.9%68.2%31.8%
Jan 202515$383,900$1723799.3%46.7%46.7%
Dec 202423$376,370$17159100.0%34.8%52.2%
Nov 202419$345,000$17134100.0%42.1%52.6%

Below = closed under 99% of list. Reduced = original list higher than final list.