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Newark Real Estate Market

About Newark Real Estate

Housing
grade B minus
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Sparse Suburban
Rent vs. Own
  • Rent
    45%
  • Own
    55%
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Homes for Sale

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Real Estate Costs

Median Home Value
$123,100
National
$217,500
Home Values
  • <$50k
    5%
  • $50-$99k
    30%
  • $100-$199k
    48%
  • $200-$399k
    15%
  • $400-$749k
    1%
  • $750k+
    0%
Median Rent
$776
National
$1,062
Monthly Rent
  • <$500
    15%
  • $500-$999
    62%
  • $1,000-$1,499
    20%
  • $1,500-$1,999
    2%
  • $2,000+
    1%
29%
of residents say housing is affordable. 17 responses

Home Quality

Poll
18%
of residents say the exterior quality of homes is good or excellent. 17 responses
Poll
24%
of residents say the interior quality of homes is good or excellent. 17 responses
35%
of residents say there is a good variety of homes. 17 responses
53%
of residents say there are a few vacant or abandoned properties here and there. 17 responses
35%
of residents say that parking is readily available. 17 responses

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Overview

Homes in Newark have a median value of $123,100. The median rent price in Newark is $776 and most residents own their homes. Newark is walkable, and there are a lot of parks nearby.

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