Newark, OH Home Values & Market Trends
Real estate market trends reflect that there have been 1,427 transactions over the past year in Newark. The median value for residential home transactions that occurred over the previous year is $226,177.64. The number of current listings in Newark is 71, and the percentage of properties for sale in the city is 71.00%. Newark, OH currently has 61 properties in foreclosure, 2 bank owned properties, 10 properties headed for auction, and 71 properties for sale.
Newark, OH Real Estate Market Overview
Zip | Median Est. Value |
---|---|
43055 | $ 201,840 $ 151/sqft |
Housing Market Summary for Newark, OH
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $169.9K | $213.9K | 25.90% |
Median Sold Price | $203.2K | $213.9K | 5.27% |
Homes For Sale | 67 | 76 | 13.43% |
Homes Sold | 913 | 698 | -23.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Newark, OH
Browse Homes in Newark, OH
Newark home values range from $22,081 to $5,284,281. The median estimated value of a home in Newark is $226,177.64. The median list price of a home is 189,900, and the total count of properties in the city is 24,119.
- Pre-ForeclosurePre-foreclosure homes account for 0.20% of all residential properties in Newark, OH with 43055 containing 47 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Newark, OH; of that zips, the estimated home value for pre-foreclosure homes ranges from $598,583 in 43055 to the lowest home value of $92,920 in 43055.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Newark, OH ranges from the highest value of $0 in 43055 to the lowest value of $0 in 43055. Bank owned homes and properties account for 0.01% of properties in Newark, OH. There is 1 zips within Newark, OH; 43055 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions43055 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Newark, OH. Auction homes and other auction properties account for 0.04% of all properties in Newark, OH. There is 1 zips within Newark, OH; of that zips, the median estimated home value for homes going to auction ranges from $221,930 in 43055 to the lowest value of $77,090 in 43055.
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Guide for Newark, OH
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
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