Market Overview
Home Prices in Newberry, FL
The median home value in Newberry, FL is $332,817 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.1% compared to a year ago and down 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Newberry are priced19% below average. Newberry is part of the Gainesville, FL metro area.
Over the past five years, Newberry home values have risen by approximately17.4%, reflecting steady appreciation in this market.
Price History
Newberry Home Price Trend
City Comparison
Newberry vs. National Median
At $332,817, homes in Newberry cost 19% below the national median of $410,000. This makes Newberry a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Newberry?
20% Down Payment
$66,563
on $332,817
Monthly P&I
$1,736/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,205/mo
incl. taxes & insurance
Income Needed
$88,200
gross annual (30% rule)
10% Down Option
$33,282
+ PMI applies
Loan Amount (20% dn)
$266,254
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Newberry, FL?
The median home value in Newberry is $332,817 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.1% year-over-year.
How much have home prices changed in Newberry?
Over the past year, home values in Newberry have decreased by 2.1%. Over five years, prices have risen approximately 17.4%.
How much do I need to earn to buy a home in Newberry?
To comfortably afford the median home price of $332,817 with a 20% down payment ($66,563) at today's rates (6.8%), you'd need a gross annual income of approximately $88,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Newberry compare to the national average home price?
The national median home value is approximately $410,000. At $332,817, homes in Newberry are 19% below the national average.
What metro area is Newberry part of?
Newberry is part of the Gainesville, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.