Much like its nearby areas, it's somewhat less expensive compared to the nation as a whole. It is somewhat less expensive compared to the city of Atlanta.
Home prices
The value of the median home in Newnan is $206,300. Compared to its surrounding areas it is roughly $4,320 (2%) lower.It is approximately $11,200 (5%) lower compared to the rest of the country, and is about $84,100 (28%) lower compared to the city of Atlanta.
Rents
The median monthly rent in Newnan is $1,039. In comparison to other places in this area this is roughly $37 (3%) higher.It is approximately $23 (2%) lower compared to the US as a whole, and in comparison to the city of Atlanta it is roughly $114 (9%) lower.
Nearby places
East Newnan
East Newnan is Newnan's neighbor to the south. Housing prices there are significantly less expensive. The price of the median home in East Newnan is $90,500, which is $115,800 (127%) lower than Newnan. Rents there are a lot less expensive. In East Newnan the median rent is $595 a month, which comes out to $444 (74%) lower than Newnan.
Moreland
Moreland is approximately 6 miles south of Newnan. Real estate prices there are a bit less expensive. The median home cost in Moreland is $164,800, which comes out to $41,500 (25%) lower than Newnan. Its rents are somewhat more expensive. The median rent in Moreland is $1,167 a month, which comes out to $128 (10%) higher than Newnan.
Sharpsburg
Sharpsburg is approximately 7 miles southeast from Newnan. The housing prices there are substantially less expensive. The median home in Sharpsburg is valued at $147,200, which works out to $59,100 (40%) lower than Newnan. Its rents are fairly similar. Sharpsburg's median rent is $994 a month, which works out to $45 (4%) lower than Newnan.
Turin
Turin is approximately 8 miles southeast of Newnan. Real estate prices there are substantially more expensive. Turin's median home price is $311,700, which comes out to $105,400 (33%) higher than Newnan. Rent there is a bit less expensive. The median monthly rent in Turin is $844, which comes out to $195 (23%) lower than Newnan.
Peachtree City
Peachtree City is approximately 10 miles east of Newnan. Its housing prices are a lot more expensive. The median home in Peachtree City costs $338,900, which comes out to $132,600 (39%) higher than Newnan. Rent there is a bit more expensive. The median rent in Peachtree City is $1,408 a month, which is $369 (26%) higher than Newnan.
