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Featured local agent — Newark, OH
Sarah Mitchell
Compass Real Estate · Newark, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Newark, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$260,000median sale price
How is the Newark, OH housing market right now?
The median home sale price in Newark, OH is $260,000, up 5.3% year-over-year. Homes sell in an average of 50 days with 131 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, OH is currently a seller's market, based on 2.5 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
53
Last 12 weeks
Days on market
50
Average pace
Active listings
131
2.5 months supply
Sale-to-list
100.5%
Above asking
What does the Newark housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $260,000 |
| Median list price | $254,950 |
| Year-over-year price change | +5.3% |
| Average days on market | 50 days |
| Active inventory | 131 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 100.5% |
| Median price per sq ft | $187/sq ft |
| Homes sold (latest month) | 53 |
| New listings (latest month) | 78 |
| Listings with a price cut | 19.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Newark by property type?
How the Newark, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $260,000 | $182/sq ft | 44 | 46 days |
| Condo / Co-op | $221,000 | $199/sq ft | 8 | 64 days |
| Townhouse | $234,900 | $142/sq ft | 1 | 109 days |
Source: Redfin · Updated monthly
The Newark housing market is currently classified as a seller's market with a median sale price of $260,000. Prices have risen 5.3% compared to last year, with homes spending an average of 50 days on market, indicating 2.5 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 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Newark
There are currently 131 homes listed for sale in Newark, Ohio. The median listing price is $255K.
Active listings
131
Homes on market
Median list price
$255K
Avg. days on market
50
Days until sale
New this week
78
Newly listed
Who lives in Newark?
Population
50,393
Median income
$58,920/yr
Median age
38.8 years
Owner-occupied
55.6%
College grads
22.1%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Newark?
Zillow home value
$249,582
Zillow rent index
$1,226/mo
Price-to-rent ratio
17.0x
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Newark?
Newark is a community of approximately 50K residents with a median age of 38.8 years.The median household income is $58,920, which represents a working-class community with solid middle-income opportunities. 22.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 55.6%, showing a blend of owner and renter-occupied properties. The average commute time is 23.7 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?
21 schools tracked · 9,138 students
The largest public schools serving Newark, OH 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 High School
Grades 9-12 · 1,408 students
Licking Valley Elementary School
Grades K-5 · 952 students
Career and Technology Educational Centers
Grades 6-12 · 727 students
Licking Valley High School
Grades 9-12 · 574 students
Licking Valley Middle School
Grades 6-8 · 502 students
Legend Elementary
Grades K-5 · 493 students
Hillview Elementary School
Grades PK-5 · 475 students
McGuffey Elementary School
Grades K-5 · 438 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, OH?
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 17.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 5.3% year-over-year, reflecting ongoing demand and value growth.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 $260,000, up 5.3% from last year.
How long do homes stay on market in Newark?
Homes typically spend 50 days on market before going under contract.
What is the median income in Newark?
The median household income is $58,920 per year.
Is Newark a buyer's or seller's market?
With 2.5 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 $249,582, 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, OH is $221,000, compared to $260,000 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, OH is $260,000 (about $182 per square foot).
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