Newark, TX—76071
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newark, TX
As of Nov '25, the median home price in Newark, TX is $297,000, with a year-over-year change of -2.9%. This indicates that home prices in Newark, TX are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $297,000 | -2.9% |
| Single Family | $297,000 | -2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $285,000 | -2.7% |
4 Bed | $373,000 | -2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Newark, TX
As of July '25, Rentcast reports the average rent in Newark, TX is $1,950, with a year-over-year rent change of -1.5%. Per bedroom, the median rent as of July '25 in Newark, TX is 1-bedrooms: $1,550, 2-bedrooms: $1,320, 3-bedrooms: $1,950, 4-bedrooms: $2,050. The most common rental property sizes in Newark, TX are 3-bedroom and 2-bedroom, accounting for 56.0% and 36.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,990 | $1,950 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,550 | $1,550 |
| 2 Bed Rent | $1,320 | $1,320 |
| 3 Bed Rent | $1,990 | $1,950 |
| 4 Bed Rent | $2,140 | $2,050 |
% of Rental Stock
Property Listings — Newark, TX
As of Nov '25, Realtor.com reports that the median days on market for a home in Newark, TX is 30. This is a decrease of -46.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $335,000 | 6.0% |
Listing Count | 17 | -38.0% |
| Listings as % of Homes | 2.1% | -38.0% |
Days on Market | 30 | -46.0% |
Demographics — Newark, TX
As of the latest ACS Survey released in 2023, Newark, TX has a population of 4,720, which has increased by 4.8% over the past 5 years. Newark, TX is a popular place for families, as children make up 28.2% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,720 | 4.8% |
% Under 18 | 28.2% | 1.1% |
% Seniors | 10.2% | -1.0% |
% WFH | 17.6% | 340.0% |
% w/ College Degree | 16.0% | 8.8% |
As of the latest ACS Survey released in 2023, Newark, TX is a predominantly white area, with 74.6% of the population identifying as white. The white population has grown by 5.4% in the last 5 years. The second most common race or ethnicity in Newark, TX is hispanic, making up 17.4% of the population. Foreign-born residents account for 5.0% of the population in Newark, TX, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.6% | 5.4% |
% Black | 3.3% | -19.5% |
% Hispanic | 17.4% | -15.5% |
% Asian | 0.7% | ∞% |
% Foreign Born | 5.0% | -33.3% |
Mortgage and Risk — Newark, TX
According to HUD data as of 2023, there were 400 mortgage originations in Newark, TX, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Newark, TX. Investor activity is low, as 0.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 400 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Rentals and Section 8 — Newark, TX
Newark, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$590 | $1,550 | $960 |
| 2 Bedroom | -$190 | $1,320 | $1,130 |
| 3 Bedroom | -$410 | $1,990 | $1,580 |
| 4 Bedroom | -$330 | $2,140 | $1,810 |
Affordability — Newark, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $297,000 |
| Median Household Income | $103,000 |