Housing in Newman, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$90,344
Newman vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Newman is highlighted.
Median Home Value
24th%ilemost expensive$106,700show rank
Median Rent
25th%ilemost expensive rent$768show rank
Rent Burden
11th%ilehighest rent burden12.5%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$106,700
Median Rent
$768
Total Housing Units
455
Vacancy Rate
20.2%
Owner Occupied
90.6%
Renter Occupied
9.4%
Median Property Tax
$1,564
per year
Monthly Cost (w/ Mortgage)
$717
Housing Types
Single Family91.7%
Multi-Family4.0%
Mobile Home4.4%
The median home value in Newman, IL is $106,700. According to Zillow, the home value index for Newman is $90,344. The median rent is $768 per month (Census ACS). About 90.6% of housing units are owner-occupied. The median year homes were built is 1959. There are 455 total housing units.