Newnan, GA Real Estate

According to census data in the year 2000 there were 6,643 housing units in Newnan. This represents a 33.3% growth from 4,983 in 1990.

Of those housing units, 6,254 were located in either urbanized areas or urban clusters, and 389 were located in what is classified as a rural area.

Homeownership rate in Newnan is about 46.5%. Newnan's vacancy rate, including seasonal lodging, is about 9.1%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Newnan were built after 1972.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom13.10%
Two Bedrooms31.80%
Three Bedrooms36.20%
Four Bedrooms14.80%
Five Bedrooms or more2.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1971
Median Value of occupied units$114,200
Median Price asked for vacant units$174,400

Rented Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1973
Median Monthly Rent asked for vacant units$668

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.60%
Home Equity Loan7.20%
Simple Mortgage55.40%
Debt Free28.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.7%