Understanding Home Values in Newman Village
Newman Village is an upscale, gated community in Frisco, Texas, renowned for its luxurious homes and prime location. Understanding home values in Newman Village involves examining property characteristics, market trends, and the quality of local amenities.
Property Characteristics in Newman Village
Homes in Newman Village are known for their spacious designs and high-end features. Properties range from approximately 2,500 to over 8,000 square feet, typically offering 3 to 6 bedrooms and multiple bathrooms. The community features a mix of architectural styles, with many homes boasting custom designs and premium materials.
Market Trends in Newman Village
As of September 30, 2024, the average home value in Newman Village was $1,357,294, reflecting a 3.0% increase over the past year. The median listing home price stood at $1,369,444, with homes spending an average of 48 days on the market. These figures indicate a stable and appreciating market, underscoring the neighborhood’s desirability.
Community Amenities and Location
Newman Village offers residents a range of amenities, including a community pool, parks, and walking trails. Its location provides easy access to major highways, upscale shopping centers like The Shops at Legacy and Legacy West, and neighboring cities such as Plano and McKinney. The community’s design centers around a plaza reminiscent of Old World Italy, featuring fountains and a multi-use center, enhancing its unique charm.
School District Quality
Newman Village is served by the Frisco Independent School District, known for its high academic standards. This makes the area particularly attractive to families, positively influencing property values.
Conclusion
Understanding home values in Newman Village requires considering the luxurious property features, current market trends, and exceptional amenities available to residents. This prestigious neighborhood in Frisco continues to attract discerning buyers seeking luxury and convenience. For expert guidance on buying or selling a home in Newman Village, contact Bale Real Estate Group at info@BaleRealEstateGroup.com or call 972-469-0332.
Newman Village Home Values Market Statistics
Updated December 2024
In November 2024, Newman Village in Frisco, Texas, had eight active homes for sale, with prices ranging from $959,000 to $4,890,900. The average home value in this neighborhood was approximately $1,357,294, reflecting a 3.0% increase over the past year. Homes in this area typically feature 4 to 5 bedrooms and 3.5 to 5.5 bathrooms, with sizes ranging from approximately 3,800 to 8,300 square feet. The neighborhood continues to attract buyers seeking luxury living with convenient access to Frisco’s amenities.
Updated October -2024
In October 2024, Newman Village in Frisco, Texas, had 11 homes listed for sale, with prices ranging from $885,000 to $4,890,900. The average home value in this upscale neighborhood was approximately $1,357,294, reflecting a stable market over the past year. Homes in Newman Village typically feature 3 to 5 bedrooms and 3 to 5 bathrooms, with sizes ranging from approximately 2,384 to 8,332 square feet. The neighborhood continues to attract buyers seeking luxury living with convenient access to Frisco’s amenities.
