What $500K Buys in Newton County, GA
A $500K budget buys a very different house depending on which Newton County city you point it at. This page compares every city with at least five active listings within 10% of $500K — size, age, bed and bath count, price per square foot, how much of the inventory is new construction and how long it has been sitting — from today’s live MLS actives, and lists the communities with the most homes at that price. It refreshes every night.
There are 58 homes for sale in Newton County, GA priced between $450,000 and $550,000 right now. At $500K, the typical home is 2,852 sq ft, built 2006, at $172/sq ft; 19% of them are new construction and the median has been on the market 35 days. The most house for the money is in Covington (3,122 sq ft median); the least in Oxford (2,600 sq ft); the newest in Covington (median build year 2006).
What $500K buys, city by city
| City | Homes for sale | Median sq ft | Beds / baths | Median year built | $ / sq ft | New construction | Median DOM |
|---|---|---|---|---|---|---|---|
| Covington | 46 | 3,122 | 4 / 3.5 | 2006 | $160 | 22% | 35 |
| Oxford | 6 | 2,600 | 4 / 2.5 | 2004 | $191 | 0% | 48 |
By ZIP code: where $500K goes furthest
The same budget by ZIP — useful where one city covers most of the county.
| ZIP | Homes for sale | Median sq ft | Median year built | $ / sq ft | New construction |
|---|---|---|---|---|---|
| 30014 Covington | 31 | 2,724 | 2006 | $174 | 23% |
| 30016 Covington | 15 | 3,996 | 2006 | $131 | 20% |
| 30054 Oxford | 6 | 2,600 | 2004 | $191 | 0% |
Communities with the most homes near $500K
| Community | City | Homes for sale near $500K | Median sq ft | Median year built |
|---|---|---|---|---|
| Dorchester Place | Covington | 4 | 2,533 | 2026 |
| Rosedown | Covington | 3 | 3,678 | 2006 |
| Bailey Station | Covington | 2 | 3,996 | 2026 |
| Arbor Bluff | Covington | 2 | 2,606 | 2022 |
| Quail Valley | Social Circle | 1 | 1,981 | 1988 |
| Sautee Bluff | Covington | 1 | 3,448 | 2017 |
| Preakness | Covington | 1 | 3,296 | 2018 |
| Lochwolde | Macon | 1 | 0 | 2005 |
| Inglewood Park Ph1 | Covington | 1 | 0 | 2012 |
| Town Branch | Covington | 1 | 3,700 | 1988 |
| Fourwood Estates | Covington | 1 | 4,117 | 2025 |
| East Haven | Covington | 1 | 2,905 | 2026 |
| River Cove | Social Circle | 1 | 2,322 | 1993 |
| Dogwood Meadows | Mansfield | 1 | 2,282 | 2022 |
| Alcovy Oaks | Covington | 1 | 2,578 | 2005 |
How to read this
Counts and medians are computed from active MLS listings priced within 10% of $500K ($450,000–$550,000) as of September 27, 2026; property mix at this price: Single-family 100%. Cities with fewer than five listings in the band are folded out of the city table but still count in the county total. Prices are asking prices, not closings — see the county page for sale-to-list ratios. Source: live MLS feeds compiled by Momentum Research. Other budgets in Newton County: $300K, $400K. Back to homes for sale in Newton County, GA.