Home Values

Newark Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Newark is $66, which is lower than the Rochester Metro average of $90. The median price of homes currently listed in Newark is $89,500 while the median price of homes that sold is $81,077.

Foreclosures will be a factor impacting home values in the next several years. In Newark 3.2 homes are foreclosed (per 10,000). This is the same as the Rochester Metro value of 3.2 and also lower than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Newark is 6.8%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Newark homeowners underwater on their mortgage is 16.8%, which is higher than Rochester Metro at 8.4%.

Read more
Relative ZHVI
- +

Newark Market Overview

Data through Oct 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $89,500 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Newark Market Health

Data through Oct 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 16.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.2 homes(Jul 31, 2014) Newark
3.2 homes Rochester Metro
4.5 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Town of Waterloo $75,500
 
 

Listings & Sales

Data through Oct 31, 2014
  • $66 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 40.0% Listings with price cut
36.4%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Newark Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,369 Newark
    $1,392 Rochester Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading