Newark, DE
Housing market overview · Updated weekly
$395,000median sale price
Homes sold
9
Last 12 weeks
Days on market
21
Average pace
Active listings
22
2.4 months supply
Sale-to-list
98.7%
Below asking
The Newark housing market is currently classified as a seller's market with a median sale price of $395,000. Prices have risen 10.5% compared to last year, with homes spending an average of 21 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Newark?
The median home sale price in Newark is $395,000, up 10.5% from last year.
How long do homes stay on market in Newark?
Homes typically spend 21 days on market before going under contract.
Is Newark a buyer's or seller's market?
With 2.4 months of supply, Newark is currently a seller's market.
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