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Featured local agent — Newark, CA
Sarah Mitchell
Compass Real Estate · Newark, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Newark, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.23Mmedian sale price
How is the Newark, CA housing market right now?
The median home sale price in Newark, CA is $1.23M, down 3.2% year-over-year. Homes sell in an average of 15 days with 83 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Newark a buyer's or seller's market?
Newark, CA is currently a seller's market, based on 2.6 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
32
Last 12 weeks
Days on market
15
Fast-moving
Active listings
83
2.6 months supply
Sale-to-list
102.5%
Above asking
What does the Newark housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.23M |
| Median list price | $1.23M |
| Year-over-year price change | -3.2% |
| Average days on market | 15 days |
| Active inventory | 83 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 102.5% |
| Median price per sq ft | $817/sq ft |
| Homes sold (latest month) | 32 |
| New listings (latest month) | 57 |
| Listings with a price cut | 26.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Newark by property type?
How the Newark, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.31M | $909/sq ft | 23 | 14 days |
| Condo / Co-op | $672,000 | $556/sq ft | 4 | 20 days |
| Townhouse | $1.08M | $626/sq ft | 5 | 17 days |
Source: Redfin · Updated monthly
The Newark housing market is currently classified as a seller's market with a median sale price of $1.23M. Prices have fallen 3.2% compared to last year, with homes spending an average of 15 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Newark
There are currently 83 homes listed for sale in Newark, California. The median listing price is $1.2M.
Active listings
83
Homes on market
Median list price
$1.2M
Avg. days on market
15
Days until sale
New this week
57
Newly listed
Who lives in Newark?
Population
47,145
Median income
$164,909/yr
Median age
37.3 years
Owner-occupied
69.7%
College grads
47.1%
Avg commute
30.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Newark?
Zillow home value
$1.25M
Zillow rent index
$3,318/mo
Price-to-rent ratio
31.3x
Price-to-income
7.5x
Source: Zillow Research
What is it like to live in Newark?
Newark is a community of approximately 47K residents with a median age of 37.3 years.The median household income is $164,909, which reflects a relatively affluent area with strong earning potential. 47.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 69.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Newark offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Newark?
10 schools tracked · 4,823 students
The largest public schools serving Newark, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Newark Memorial High
Grades 9-12 · 1,407 students
Newark Middle
Grades 6-8 · 1,002 students
John F. Kennedy Elementary
Grades K-5 · 459 students
Coyote Hills Elementary
Grades K-5 · 440 students
Birch Grove Primary
Grades K-2 · 414 students
August Schilling Elementary
Grades K-5 · 360 students
Birch Grove Intermediate
Grades 3-5 · 317 students
Lincoln Elementary
Grades K-5 · 289 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Newark, CA?
Want a head-to-head view? Compare Newark side-by-side with any other U.S. city using our market-comparison tool.
Is Newark a good real estate investment market?
For investors evaluating Newark, the price-to-rent ratio of 31.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 3.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Newark's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Newark's median home price.
Frequently asked questions
What is the average home price in Newark?
The median home sale price in Newark is $1.23M, down 3.2% from last year.
How long do homes stay on market in Newark?
Homes typically spend 15 days on market before going under contract.
What is the median income in Newark?
The median household income is $164,909 per year.
Is Newark a buyer's or seller's market?
With 2.6 months of supply, Newark is currently a seller's market.
What is the Zillow home value estimate for Newark?
The Zillow Home Value Index (ZHVI) for Newark is $1.25M, representing the typical home value in the area.
What is the median condo price in Newark?
The median condo/co-op sale price in Newark, CA is $672,000, compared to $1.31M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Newark?
The median single-family home price in Newark, CA is $1.31M (about $909 per square foot).
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