Newman First-Time Homebuyer Report for October

Newman is a city that is growing faster than others in California at a 10-year growth rate of 44.3%. It also has a larger than average population of 10,224 people. With a median age of 16 years, homes in Newman tend to be of moderate age. The top school in the city is Orestimba High School.

Price Range

Homes in Newman are generally less expensive than others in the state with a median home value of $102,100 and an average list price of $227,843. The Newman reported zero sales over the last 30 days. Newman usually averages 0.7 sales per month.

Curious as to which homes have been getting the most attention in Newman? These listings have stirred up interest and produced the most views:

$325K   $329K  

Typical Dwelling

A three-bedroom detached home valued around $236,100 is considered a typical dwelling in Newman. If a buyer was looking for a similar home, they would need good credit and a $47,220 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $18 and the property tax rate is $8.35 per $1,000 of taxable assessed value.

Get started right now by checking out Newman homes for sale or reviewing Newman real estate trends.


Data reported through 10/13/2016

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