Newark, IL—60541
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$377,000
6.2% YoY Growth
Household Income
$119,000
39.8% YoY Growth
Days on Market
33
69.0% Longer YoY
Home Price Forecast
2.0%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
Home Price Trends — Newark, IL
As of Dec '25, the median home price in Newark, IL is $377,000, with a year-over-year change of 6.2%. This indicates that home prices in Newark, IL are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $377,000 | 6.2% |
| Single Family | $378,000 | 5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |