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Newark Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index

Mid-point of Zestimate valuations for Newark. Half the Zestimates are above this number and half are below it.
Median list price ($)
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Median list price ($)

Mid-point of the list price for homes listed on Zillow in Newark, or the asking price.
Median sale price ($)
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Median sale price ($)

Mid-point of the price homes have sold for in Newark. Half the homes sold above this number and half sold below.
Median days listed on Zillow
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Median days listed on Zillow

Mid-point of number of days homes in Newark have been listed as active on Zillow.
Homes for sale on Zillow
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Homes for sale on Zillow

Total number of homes listed on Zillow that are for sale in Newark.
Total homes sold
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Total homes sold

Total number of homes sold in Newark during the prior 30 days.
Median value per sq. ft. ($)
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Median value per sq. ft. ($)

Mid-point of the value of all homes in Newark, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price per sq. ft. ($)
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Median list price per sq. ft. ($)

Mid-point of Newarks list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price per sq. ft. ($)
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Median sale price per sq. ft. ($)

Mid-point of Newarks sold prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sold price/sq ft of $200).
Median list-to-sale price ratio
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Median list-to-sale price ratio

Mid-point of the ratio between the list price and the sold price for all homes in Newark (e.g. if a home with a list price of $250k sells for $200k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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Listings with price cut (%)

The percentage of current listings on Zillow in Newark whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)

The mid-point of the percentage of price reduction for homes in Newark whose prices have been reduced in the past full month.
Sold for loss (%)
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Sold for loss (%)

The percentage of homes in Newark that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
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Sold for gain (%)

The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed (%)
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Homes foreclosed (%)

The percentage of all homes in Newark that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
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Foreclosure re-sales (%)

The percentage of home sales in a given month in Newark where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
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Increasing values (%)

The percentage of homes in Newark whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)

The percentage of all homes in Newark whose value has fallen in the last year.
Sold in past year (%)
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Sold in past year (%)

The percentage of all homes in Newark that were sold in the past 12 months.

$307,500
1.3% Y-o-Y

Calculated 11/02/2009^*
^*Includes data and transactions through 09/30/2009

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                <a href="_URL_" style="color:#36B;font-size:11px;line-height:13px;font-family:helvetica,arial,sans-serif;">More Newark Home Values</a>
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RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Sep 2009
12970	Newark	1.0%	3.3%	1.3%	307500
273194	Central Business District	-0.4%	-0.7%	-2.2%	259800
273441	Dayton-Weequahic Park	1.3%	4.6%	1.7%	301200
273684	Fairmuont	1.3%	4.1%	2.0%	316200
273753	Forest Hill	1.5%	4.5%	-2.9%	301600
274367	Lower Clinton Hill	1.3%	4.2%	0.6%	335300
274372	Lower Roseville	1.1%	3.6%	-0.3%	303900
274374	Lower Vailsburg	2.6%	8.6%	17.4%	293000
274603	Mount Pleasant	0.9%	3.4%	4.8%	302100
403176	Newark Airport / Port Newark	0.3%	1.4%	7.2%	329100
274692	North Broadway	0.9%	2.7%	-2.6%	293900
274724	North Ironbound	-1.4%	-3.9%	-16.3%	332100
275335	Seventh Avenue	0.2%	1.3%	2.3%	306900
275415	South Broad Street	0.8%	2.5%	-7.6%	340600
275443	South Ironbound	-0.2%	-0.7%	-18.8%	345800
275519	Springfield-Belmont	-0.4%	-1.3%	-13.7%	203300
276616	University Heights	-0.0%	-0.3%	-13.8%	208700
276619	Upper Clinton Hill	0.6%	2.2%	2.2%	319700
275830	Upper Roseville	0.8%	2.4%	-5.1%	301200
275833	Upper Vailsburg	2.4%	7.7%	11.5%	280900
275941	Weequahic	0.9%	3.2%	2.3%	293600
275990	West Side	1.3%	4.3%	4.1%	310800

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Zillow Home Value Index		Y-o-Y
Newark	$307,500	1.3%
Harrison	$318,700	-10.6%
East Newark	$231,200	-21.3%
East Orange	$231,800	-5.5%
Irvington	$253,200	5.4%
Kearny	$291,400	-10.6%

Average Rates	Today	Last Week
30 Year Fixed	4.57%	4.66%
15 Year Fixed	4.22%	4.22%

30 year fixed (FHA ...	4.50%	1 min ago
30 year fixed (FHA ...	4.50%	1 min ago
30 year fixed	4.62%	1 min ago
30 year fixed (FHA ...	4.75%	1 min ago
30 year fixed	4.75%	1 min ago
30 year fixed	4.75%	2 min ago
30 year fixed	4.75%	2 min ago
30 year fixed (FHA ...	4.88%	2 min ago
30 year fixed (FHA ...	4.75%	2 min ago
30 year fixed (FHA ...	5.00%	2 min ago
30 year fixed	4.62%	2 min ago
10 year fixed	4.62%	2 min ago
10 year fixed	4.12%	2 min ago
30 year fixed	4.75%	2 min ago
10 year fixed	4.25%	2 min ago
30 year fixed	4.50%	2 min ago
10 year fixed	4.12%	2 min ago
10 year fixed	4.25%	2 min ago
30 year fixed	4.62%	2 min ago
30 year fixed	4.38%	2 min ago
30 year fixed	4.75%	2 min ago
30 year fixed	4.88%	2 min ago
10 year fixed	4.25%	2 min ago
10 year fixed	4.38%	2 min ago
30 year fixed	4.50%	2 min ago
30 year fixed	4.88%	2 min ago
30 year fixed (FHA ...	5.00%	2 min ago
5/1 ARM	4.88%	2 min ago
30 year fixed	5.12%	2 min ago
30 year fixed	4.50%	2 min ago
30 year fixed	4.62%	2 min ago
30 year fixed	4.50%	2 min ago
30 year fixed	4.75%	2 min ago
30 year fixed	4.50%	2 min ago
30 year fixed	4.25%	2 min ago
5/1 ARM	3.75%	2 min ago
30 year fixed	4.88%	2 min ago
20 year fixed	4.62%	2 min ago
30 year fixed (FHA ...	4.75%	2 min ago
30 year fixed	4.75%	3 min ago
30 year fixed	4.50%	3 min ago
30 year fixed	4.38%	4 min ago
30 year fixed	4.75%	4 min ago
30 year fixed	4.75%	5 min ago
15 year fixed	4.38%	5 min ago
30 year fixed (FHA ...	4.75%	6 min ago
30 year fixed	4.62%	6 min ago
10 year fixed	4.12%	6 min ago
30 year fixed	4.75%	6 min ago

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Newark Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

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Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median list-to-sale price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed (%)

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

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Newark Home Prices and Home Values

Zillow Home Value Index

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Median list price per sq. ft. ($)

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Median list-to-sale price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed (%)

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

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