Housing Prices in Newman, IL

How much do homes in Newman, IL cost?

Median List Price

$74,900

$53/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$11,700(+18.5%)

Key Takeaway

The list price of homes in Newman has increased by 18.5% since last year.

Summary: The median home list price in Newman was $74,900 in November 2024, up 18.5% from the previous year, and the median price per square foot was $53.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $33K$52.4K
+58.9%
3 $103.9K$79.4K
-23.6%
4 $129.7K-
N/A
5+ --
N/A

Summary: Newman housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.9%, 3 bedroom homes decreased by 23.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Newman
+18.5%
Newman Township
+18.5%

Housing Supply in Newman, IL

How many homes are available in Newman, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
15+400.0%

Summary: The Newman real estate market had 5 homes for sale in November 2024, a 400.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 14
+300.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Newman housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Newman, IL

How long does it take to sell a home in Newman, IL?

Average Listing Age

Nov 2023Nov 2024CHANGE
156 Days20 Days-86.8%

Summary: Homes in Newman had an average listing age of 20 days in Nov 2024, down by 86.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Newman, IL

Nearby Markets to Newman, IL