Newark, NJ—07103
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$402,000
1.4% YoY Growth
Household Income
$42,400
44.7% YoY Growth
Days on Market
52
26.0% Longer YoY
Home Price Forecast
1.1%
Median Rent
$2,250
2.2% YoY Growth
1-Bed Rent
$1,900
0.0% YoY Growth
2-Bed Rent
$2,200
4.1% YoY Growth
3-Bed Rent
$2,400
0.8% YoY Growth
Home Price Trends — Newark, NJ
As of May '26, the median home price in Newark, NJ is $402,000, with a year-over-year change of 1.4%. This indicates that home prices in Newark, NJ are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $402,000 | 1.4% |
| Single Family | $436,000 | -0.5% |
| Condos | $341,000 | 4.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |