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Broadway south of Yates in NewmanPhoto: Nyttend · Public domain
Housing in Newman Township

12 homes sold in Newman Township in the last year, at a typical $122K

Redfin reports Newman Township’s sales by ZIP code, so these figures are for ZIP 61942, which takes in Newman Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for and a shortcut to every site where Newman Township homes are listed.

Homes for sale in Newman TownshipZillowRealtor.comMore places to look ↓
Homes sold
12
ZIP 61942 · October 2025 to September 2026
Typical sale price
$122K
median, weighted by sales
Price per square foot
$80
Illinois $193
Paid vs. asking
97.7%
14% sold over asking
For sale now
2
September 2026 · 1 sold that month
What sold · last 12 months · ZIP 61942

Houses are 0% of Newman Township’s sales, at a typical — (year to May 2026)

12 homes sold in the year to September 2026.

13 years of sales

More homes sell than most years, at twice the 2016 price

12 sales in the last year, against 19 in 2022 and a low of 0 in 2019. The typical sale went from $60K in 2016 to $122K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2012: 12 sold, typical $48K’122013: 12 sold, typical $60K2014: 9 sold, typical $42K’142015: 6 sold, typical $49K2016: 14 sold, typical $60K’162017: 1 sold, typical $71K2018: 2 sold, typical $10K’182019: 0 sold, typical $16K2021: 18 sold, typical $66K’212022: 19 sold, typical $72K2023: 8 sold, typical $86K’232024: 6 sold, typical $88K2025: 13 sold, typical $128K’25Last 12 months: 12 sold, typical $122KNow

Source: Redfin Data Center, MLS sales; for ZIP 61942, which takes in Newman Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

Rent or buy?

Owning the typical Newman Township home costs about $797 a month

Mortgage
Property tax
Insurance
Rent

Price: Newman Township’s typical sale, last 12 months. Property tax at Newman Township’s 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Newman Township is affordable on local pay is on Cost of living.

Before you buy in Newman Township

Four things worth knowing

1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $122K home, about $1,930 a year.

Taxes vs. neighbors
36 min

Typical commute

The average one-way trip to work for people who live in Newman Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Newman Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Newman Township. People who follow the town see it, and so do people comparing Newman Township with their own town. No commission, no listing fee.

Questions about buying a home in Newman Township

What do homes sell for in Newman Township, IL?

12 homes sold in the year to September 2026 at a typical $122K, $80 a square foot.

Is Newman Township a buyer’s or seller’s market?

A seller’s market: 2 homes were for sale in September 2026 and 1 sold, about 1.5 months of supply. Buyers paid 97.7% of asking on average.

How much are property taxes in Newman Township?

About 1.6% of a home’s value a year. On a $122K home that’s near $1,930.

Where can I see homes for sale in Newman Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Newman Township’s MLS listings; the search links above open each one filtered to Newman Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 61942, which takes in Newman Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).