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Featured local agent — Newark Valley, NY
Sarah Mitchell
Compass Real Estate · Newark Valley, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Newark Valley, NY Housing Market
The last median sale price Redfin published was $195,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 91 days, Newark Valley is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $195,000 home is about $1,041/mo in principal and interest.
Key numbers for Newark Valley, NY
Median sale price
$195,000
Last published period
Redfin, through February 2026
Days on market
91
Slow-moving
Redfin, through February 2026
Active listings
1
1.0 months of supply
Redfin, through February 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$68,229
Home costs 2.9x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.0%
Selling below asking
Redfin, through February 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Newark Valley a buyer's or seller's market?
Newark Valley, NY is a seller's market, based on 1.0 months of supply and homes selling in about 91 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Newark Valley housing market data show?
Every row below is Redfin's final published month for Newark Valley, NY. Redfin, through February 2026
| Metric | Value |
|---|---|
| Median sale price | $195,000 |
| Median price per sq ft | $85/sq ft |
| Median days on market | 91 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 98.0% |
| Homes sold (that month) | 1 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Newark Valley is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Newark Valley is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Newark Valley home prices moved?
Across the 36 months we hold for Newark Valley, NY, the median sale price rose 10.5%, from $176,436 in April 2021 to $195,000. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 98.0%. Watch those two together — they move before the median does.
Redfin, through February 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Newark Valley?
Priced off the median sale price of $195,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $39,000 | $156,000 | $1,041/mo |
| 5% | $9,750 | $185,250 | $1,236/mo |
Redfin, through February 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,041, that implies roughly $44,615 a year before you add taxes and insurance. The median household in Newark Valley earns $68,229, about $23,614 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.9x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Newark Valley in the next 12 months?
Tell us your timeline. We send the Newark Valley market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Newark Valley?
Zillow does not publish a rent index (ZORI) for Newark Valley, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Newark Valley?
Active listings in Newark Valley, NY went from 1 in November 2023 to 1 in February 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| December 2023 | 1 | not published |
| April 2024 | 2 | not published |
| May 2024 | 1 | not published |
| November 2024 | 3 | not published |
| December 2024 | 3 | not published |
| January 2025 | 1 | not published |
| June 2025 | 2 | not published |
| August 2025 | 5 | 3 |
| September 2025 | 3 | not published |
| October 2025 | 3 | 1 |
| December 2025 | 2 | not published |
| February 2026 | 1 | not published |
Redfin, through February 2026
How does Newark Valley compare to New York and the U.S.?
Newark Valley homes sell for $195,000 — 69% below the New York median of $620,500. Against the national median of $410,700, Newark Valley runs 53% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Newark Valley, NY | $195,000 | not published | 91 days |
| New York statewide | $620,500 | +5.1% | 42 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through February 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Newark Valley
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $195 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $195,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Newark Valley listing goes under contract in 91 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Newark Valley varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Newark Valley
There are currently 1 homes listed for sale in Newark Valley, New York.
Active listings
1
Homes on market
Avg. days on market
91
Days until sale
How much do homes cost in Newark Valley by property type?
How the Newark Valley, NY market breaks down across single-family homes, condos and townhouses. Redfin, through February 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $195,000 | $85/sq ft | 1 | 91 days |
Who lives in Newark Valley?
American Community Survey estimates for Newark Valley. U.S. Census ACS, 2023
Population
1,149
Households
416
Median income
$68,229/yr
Median age
38.9 years
Owner-occupied
82.0%
Median home value
$118,600
Median gross rent
$895/mo
Mean commute
28.8 min
82.0% of occupied homes in Newark Valley are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Newark Valley?
3 schools tracked · 1,007 students
The largest public schools serving Newark Valley, 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.
NEWARK VALLEY SENIOR HIGH SCHOOL
Grades 8-12 · 405 students
NATHAN T HALL SCHOOL
Grades PK-3 · 328 students
NEWARK VALLEY MIDDLE SCHOOL
Grades 4-7 · 274 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 Valley, NY?
Ordered by distance from Newark Valley, not by size. Compare Newark Valley side by side with any of them.
Newark Valley housing market FAQ
Is Newark Valley a buyer's or seller's market?
Newark Valley, NY is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 91 days, and sellers getting 98.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Newark Valley?
The median sale price in the last month Redfin published was $195,000, about $85 per square foot.
Is Newark Valley cheaper than the rest of New York?
Newark Valley's median sale price of $195,000 is 69% lower than the New York statewide median of $620,500, and 53% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Newark Valley?
Homes in Newark Valley, NY spent a median of 91 days on market before going under contract, versus 42 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Newark Valley?
At the current 30-year fixed rate of 7.03%, 20% down on a $195,000 home is about $1,041 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $44,615 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $68,229.
Are home prices rising in Newark Valley?
We do not hold a complete 12-month value series for Newark Valley, NY yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Newark Valley?
Newark Valley ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Newark Valley?
That depends on your timeline, not on a headline. What the data says today: Newark Valley, NY is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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