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Preforeclosure Homes in Newnan, GA

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Newnan, GA Foreclosures

How much do homes sell for in Newnan, GA?
The average home price is currently $457,776.
In Newnan, GA, how many homes are available?
There are currently 12 active home listings available in Newnan.
What’s the average rental cost in Newnan, GA?
The average rental price in Newnan is $1,421.
What is the most expensive home in Newnan?
The most expensive home sold in Newnan had a price of $154,115,608.
What is currently the cheapest priced home in Newnan, GA?
The cheapest home for sale in Newnan is priced at $10,000.

Living in Newnan, GA

Newnan, GA is a growing city that beautifully marries historic charm with modern amenities. Known for its well-preserved downtown, Newnan offers a vibrant arts scene, excellent schools, and abundant outdoor activities. Its close proximity to Atlanta makes it a popular choice for those seeking a peaceful community with easy city access.

Current Market Conditions in Newnan, GA

The real estate market in Newnan, GA has continued to show resilience, with an increase in home sales over the past few months. The demand for housing remains strong, driven by buyers looking for larger homes with outdoor space, especially in the wake of the pandemic. There has also been a noticeable rise in interest from families and professionals relocating from Atlanta, seeking a more suburban lifestyle while still being close to the city.

Homes in Newnan have appreciated in value, but prices remain relatively affordable compared to neighboring areas. Buyers are encouraged to act quickly in this competitive market, as inventory levels are low and multiple offers are becoming common.

Home Value Estimator For Newnan, GA

There are currently 34,491 real estate properties in Newnan, GA, with a median automated valuation model (AVM) price of $346,484.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Newnan, GA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Newnan, GA, is $457,776.00, with the most expensive house in Newnan, GA, topping out at $154,115,608.00 and the cheapest home in Newnan, GA, clocking in at $10,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Newnan, GA!

Rent Prices In Newnan, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newnan, GA, is on a rollercoaster ride. The average rent price in Newnan, GA, is $1,421.00. Indeed, when looking to rent in Newnan, GA, you can expect to pay as little as $610.00 or as much as $4,460.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Newnan, GA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Newnan, GA Preforeclosure Homes


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