Newnan is a city located in the Coweta County, Georgia, about 40 miles from Downtown Atlanta. As part of the Atlanta Metropolitan Area, the city has had a tremendous growth in population in the past two decades, going from 16,000 people in 2000 to over 41,000 in 2010.
The city of Newnan was founded in 1828, named after General Daniel Newnan, who would later become Georgia Secretary of State and a US congressman. Like a large part of Georgia,that entire region had once been inhabited by Native Americans - in this case, the Creek Indians - who ceded their land to the State in the early 19th century.
Once it was established as a town and county seat for the Coweta County, Newnan started to attract an influx of doctors, lawyers and merchants, who ended up settling in the newly developed town. Due to a thriving cotton industry, Newnan was a prosperous city in the 19th century, but it relied heavily on slavery. To this reason, the city is today home to the Coweta County African American Heritage Museum, that tells the history of African Americans who lived in the region.
Newnan also has several parks and an exciting arts and entertainment scene. The city has six historic districts with beautiful Victorian mansions and other buildings in antebellum style. The city has also been experiencing a rapid commercial development, with its newest addition being Ashley Park, an open-air shopping mall near I-85.
With hot summers and cold, snowy winters, Newnan is thriving as a city in fast development. It is crossed by U.S. Route 29 and has the Newnan-Coweta County Airport, which provides air service and flight training. The cost of living in town is 7.20% lower than other cities in the United States, which makes Newnan a great choice for someone looking to settle in a quieter place.
The proximity to Atlanta provides the movement and luxuries of a big city nearby, but residents are still able to come home to the peace and quiet of a smaller town. The average annual income per household is approximately $51,000.
Newnan is also served by an extensive educational system in the Coweta County, with nineteen elementary schools, six middle schools, and three high schools. The city is also home to three higher education institutions, including the University of West Georgia and Mercer University.
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Currently Newnan has 504 properties on the market for sale. The inventory was last updated 02/27/2020. Of these properties, 324 single family homes are for sale by their owners in Newnan, and 21 condos are for sale by their owners in Newnan. The average price of the single family homes for sale in Newnan, is $665,515, the average condo price in Newnan, is $521,408. The average price per square foot of the active inventory is $136. This is based the living area square footage.
Over the last year, there have been 9,816 of properties sold in Newnan. Of these properties, 8,989 single family homes have sold by their owners in Newnan, and 406 condos have sold by their owners in Newnan. The average sales price of the single family homes sold in Newnan, is $276,578. Single family homes have been selling for 171 per square foot of living area. The average sales price of the condos for sale in Newnan, is $311,130. Condos have been selling for 399 per square foot of living area.
The most active subdivisions with listings for sale in Newnan, are: Arbor Springs (27 For Sale), Pleasant View (21 For Sale), Summergrove (16 For Sale), Corinth Landing (15 For Sale), Rock Cabin Lake (14 For Sale), Northshore At Lake Redwine Or North Shore (12 For Sale), Arbor Springs Plantation (11 For Sale), Ashton Place (10 For Sale), Lake Redwine (10 For Sale), Wimberly Estates (9 For Sale)
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Disclaimer: Listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
This data up-to-date as of 02/27/2020