Newark, NJ—07102
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$407,000
2.5% YoY Growth
Household Income
$37,100
46.3% YoY Growth
Days on Market
32
23.0% Shorter YoY
Home Price Forecast
0.0%
Median Rent
$2,250
8.8% YoY Growth
1-Bed Rent
$2,100
10.6% YoY Growth
2-Bed Rent
$2,300
9.2% YoY Growth
3-Bed Rent
$2,900
15.5% YoY Growth
Home Price Trends — Newark, NJ
As of Dec '25, the median home price in Newark, NJ is $407,000, with a year-over-year change of -2.5%. This indicates that home prices in Newark, NJ are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $407,000 | -2.5% |
| Single Family | $473,000 | -4.8% |
| Condos | $323,000 | -2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |