Newark, NJ—07105
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$569,000
0.7% YoY Growth
Household Income
$55,800
24.7% YoY Growth
Days on Market
50
23.0% Longer YoY
Home Price Forecast
0.5%
Median Rent
$2,400
4.1% YoY Growth
1-Bed Rent
$2,100
2.8% YoY Growth
2-Bed Rent
$2,300
3.2% YoY Growth
3-Bed Rent
$2,500
1.1% YoY Growth
Home Price Trends — Newark, NJ
As of May '26, the median home price in Newark, NJ is $569,000, with a year-over-year change of -0.7%. This indicates that home prices in Newark, NJ are flat. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $569,000 | -0.7% |
| Single Family | $598,000 | -1.2% |
| Condos | $403,000 | -1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |