Newark, IL

Seller's market

Housing market overview · Updated weekly

$307,500median sale price

Homes sold

2

Last 12 weeks

Days on market

163

Average pace

Active listings

2

1.0 months supply

Sale-to-list

98.6%

Below asking

The Newark housing market is currently classified as a seller's market with a median sale price of $307,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 163 days on market, indicating 1.0 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

Homes for sale in Newark

There are currently 2 homes listed for sale in Newark, Il. The median listing price is $150K.

Active listings

2

Homes on market

Median list price

$150K

Avg. days on market

163

Days until sale

New this week

1

Newly listed

Price drops:50.0%of listings
Sale-to-list:98.6%

Explore nearby cities in IL

Frequently asked questions

What is the average home price in Newark?

The median home sale price in Newark is $307,500, down 0.0% from last year.

How long do homes stay on market in Newark?

Homes typically spend 163 days on market before going under contract.

Is Newark a buyer's or seller's market?

With 1.0 months of supply, Newark is currently a seller's market.

Get Newark market alerts

Weekly updates on prices, inventory, and trends. Free forever.