Newman, IL housing market
The typical Newman home is worth about $105,000, up 6.8% in a year, 65% below the Illinois typical home.
Home values, sales, trends and how Newman compares with the towns next door — updated as new data is published.
Newman at a glance
Typical home value, 2018–2026
Show as a table
| January | Newman | Illinois |
|---|---|---|
| 2019 | $54,000 | $195,000 |
| 2020 | $54,000 | $200,000 |
| 2021 | $58,000 | $215,000 |
| 2022 | $63,000 | $236,000 |
| 2023 | $70,000 | $248,000 |
| 2024 | $82,000 | $263,000 |
| 2025 | $88,000 | $278,000 |
| 2026 | $106,000 | $290,000 |
| August 2026 | $105,000 | $298,000 |
No new homes permitted in 2025
No permits for new homes were issued in Newman in 2025. The last year with any was 2021 (1 new home).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 1 | 1 | 0 | $220,000 |
| 2020 | 1 | 1 | 0 | $220,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Newman and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Newman | $105K | +6.8% | $930 | 0 | $76,175 |
| Murdock | — | — | $940 | 0 | $66,481 |
| Sargent | — | −15%† | $930 | — | $180,074 |
† FHFA price index change, where Zillow has no home value for the town.
1.4 years of income
The typical Newman home costs about 1.4 years of the town's median household income, less than across Illinois (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $930
HUD's Fair Market Rent for a two-bedroom in Newman is $930 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Newman pay a median of $833, so moving in tends to cost more than staying put. A two-bedroom takes about 15% of the town's median household income.
Studio $710 · 4 bedrooms $1,280
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61852, 61942; Douglas County, IL), 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. 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.