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Featured local agent — Newark, NY
Sarah Mitchell
Compass Real Estate · Newark, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Newark, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$192,500median sale price
How is the Newark, NY housing market right now?
The median home sale price in Newark, NY is $192,500, up 10.0% year-over-year. Homes sell in an average of 8 days with 5 active listings. The market is currently a strong 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, NY is currently a strong seller's market, based on 0.7 months of supply and homes selling in about 8 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
8
Fast-moving
Active listings
5
0.7 months supply
Sale-to-list
105.4%
Above asking
What does the Newark housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $192,500 |
| Median list price | $189,000 |
| Year-over-year price change | +10.0% |
| Average days on market | 8 days |
| Active inventory | 5 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 105.4% |
| Median price per sq ft | $119/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 9 |
| Listings with a price cut | 20.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Newark by property type?
How the Newark, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $196,200 | $126/sq ft | 6 | 8 days |
| Townhouse | $117,000 | $55/sq ft | 1 | 123 days |
Source: Redfin · Updated monthly
The Newark housing market is currently classified as a strong seller's market with a median sale price of $192,500. Prices have risen 10.0% compared to last year, with homes spending an average of 8 days on market, indicating 0.7 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 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Newark
There are currently 5 homes listed for sale in Newark, New York. The median listing price is $189K.
Active listings
5
Homes on market
Median list price
$189K
Avg. days on market
8
Days until sale
New this week
9
Newly listed
Who lives in Newark?
Population
9,040
Median income
$58,096/yr
Median age
41 years
Owner-occupied
57.0%
College grads
18.2%
Avg commute
19.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Newark?
Zillow home value
$209,108
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Newark?
Newark is a community of approximately 9K residents with a median age of 41 years.The median household income is $58,096, which represents a working-class community with solid middle-income opportunities. 18.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.0%, showing a blend of owner and renter-occupied properties. The average commute time is 19.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Newark offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Newark?
6 schools tracked · 2,548 students
The largest public schools serving Newark, NY 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.
ONTARIO-SENECA-YATES-CAYUGA-WAYNE BOCES
Grades K-12 · 707 students
NEWARK SENIOR HIGH SCHOOL
Grades 9-12 · 576 students
NEWARK MIDDLE SCHOOL
Grades 6-8 · 415 students
NORMAN R KELLEY INTERMEDIATE SCHOOL
Grades 3-5 · 374 students
PERKINS ELEMENTARY SCHOOL
Grades PK-2 · 269 students
LINCOLN ELEMENTARY SCHOOL
Grades PK-2 · 207 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, NY?
Want a head-to-head view? Compare Newark side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Newark?
The median home sale price in Newark is $192,500, up 10.0% from last year.
How long do homes stay on market in Newark?
Homes typically spend 8 days on market before going under contract.
What is the median income in Newark?
The median household income is $58,096 per year.
Is Newark a buyer's or seller's market?
With 0.7 months of supply, Newark is currently a strong seller's market.
What is the Zillow home value estimate for Newark?
The Zillow Home Value Index (ZHVI) for Newark is $209,108, representing the typical home value in the area.
How much does a single-family home cost in Newark?
The median single-family home price in Newark, NY is $196,200 (about $126 per square foot).
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