Newark Real Estate Market

Newark Market

The median sale price for homes in Newark over the last 12 months is $136,000.


The median mortgage debt is $129,641.

Additional Statistics for Single Family Homes and Condos in Newark, NJ
$148,490
Median Listing Price
129
Median Days on Market
391
Active Listings
3.8%
Distressed Listings
(foreclosures and short sales)
Newark, NJ Price Trends - Sold vs. Listed
The median list price in May for single family homes in Newark is $149,000. The list prices increased by 14.61% from the previous month.

The price per square foot for listings in this area is $85.

The median sale price in October for single family homes is $139,000.

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Newark, NJ Market Inventory Trends

The number of active listings in Newark dropped by 1.4% from the previous month.

The median number of days active properties have been listed is 146. This is much longer than the national average.

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Newark, NJ Property Ownership

The percent of owner occupied properties in Newark is 41.44% below the national average.

The percent of rental properties in Newark is 45.47% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.