Housing · Newman

Newman, CA housing market

The typical Newman home is worth about $434,000, down 2.1% in a year, 43% below the California typical home.

Home values, sales, trends and how Newman compares with the towns next door — updated as new data is published.

The market right now

Newman at a glance

Typical home value
$434K
▼ 2.1% in a year · Zillow
Median sale price
$467K
May 2026 · Redfin
Homes sold
3
in May · 32 for sale

Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

NewmanCalifornia
$200K$300K$400K$500K$600K$700K$800K 20182020202220242026 Newman $434K California $764K
Show as a table
JanuaryNewmanCalifornia
2017$244,000$453,000
2018$273,000$501,000
2019$297,000$539,000
2020$317,000$551,000
2021$354,000$607,000
2022$419,000$703,000
2023$424,000$727,000
2024$438,000$758,000
2025$451,000$782,000
2026$437,000$767,000
August 2026$434,000$764,000
New construction

3 new homes permitted in 2025

Builders were permitted 3 new homes in Newman in 2025, all single-family houses. That's 0.2 per 1,000 residents, slower than across California (2.7). Over the past 10 years, Newman has permitted 318 homes in all.

New homes, 2025
3
▼ 79% vs 2024
2026 so far
2
Jan–Aug · ▼ 87% vs last year
Per 1,000 residents
0.2
California: 2.7
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
0100200300400 2000: 27 homes 2000 2001: 17 homes 2002: 110 homes (106 single-family, 4 in buildings with 2+ homes) 2003: 232 homes (180 single-family, 52 in buildings with 2+ homes) 2004: 350 homes 2005: 147 homes 2005 2006: 65 homes 2007: 113 homes 2008: 6 homes 2009: 6 homes 2010: 74 homes (6 single-family, 68 in buildings with 2+ homes) 2010 2011: 1 home 2012: 0 homes 2013: 1 home 2014: 17 homes 2015: 42 homes 2015 2016: 47 homes 2017: 94 homes 2018: 56 homes 2019: 56 homes 2020: 1 home 2020 2021: 1 home 2022: 5 homes 2023: 41 homes 2024: 14 homes 2025: 3 homes 2025 2026 so far: 2 homes

Homes vs. people, 2010–2020

Residents+2,127
New homes+388

Between the 2010 and 2020 censuses, Newman gained 2,127 residents while 388 new homes were permitted: about 5.5 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across California: 2.7 new residents per new home.

How Newman ranks on housing keeping up with growth →

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)220$543,000
2025330$883,000
202414140$3.8 million
202341410$11.5 million
2022550$2.4 million
2021110$241,000
2020110$200,000
201956560$13.9 million
201856560$13.9 million
201794940$14.9 million
201647470$9.9 million
201542420$9.8 million
201417170$3.9 million
2013110$376,000
2012000—
2011110$182,000
201074668$6.3 million
2009660$1.2 million
2008660$609,000
20071131130$25.1 million
200665650$13.7 million
20051471470$30.1 million
20043503500$59 million
200323218052$30.7 million
20021101064$14.3 million
200117170$2.4 million
200027270$3.3 million

How Newman ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

5.5 years of income

The typical Newman home costs about 5.5 years of the town's median household income, less than across California (7.7 years).

How Newman ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
65.6%
California: 55.9%
Median tax bill
$2,946
California: $5,124
Median rent
$1,420
California: $2,036
Typical home built
2000
California: 1976

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,520

HUD's Fair Market Rent for a two-bedroom in Newman is $1,520 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Newman pay a median of $1,420. A two-bedroom takes about 23% of the town's median household income.

1 bedroom
$1,170
a month, with utilities
2 bedrooms
$1,520
a month, with utilities
3 bedrooms
$2,110
a month, with utilities
Share of income
23%
2 bedrooms ÷ median income

Studio $1,090 · 4 bedrooms $2,440

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (95360; Merced, CA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01