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Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in Newark is about $439,000 as of Sep 2026, up 6.0% from a year ago. The typical listing is 20% larger than a year ago, and asking price per square foot is down 1.3%. So the size of homes on the market explains much of the rise. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Only on the right house. Neither side has the upper hand in Newark right now. The signals split. Compared with 2017–2019 at this time of year, the typical listing has been up 24% fewer days, but 8% of sellers have cut their price, against 6% then. The market will not hand you a discount. You have to find it in one specific listing.
The population in Newark's ZIP codes grew 10.5% over five years, faster than 86% of the cities we track. Households (+13.2%) grew faster than housing (+5.7%). Demand is outrunning supply. Homes for sale are 14% below 2017–2019 at this time of year.
Ranked among the 12 New Jersey markets we track:
The median asking price is 6.1% below its Dec 2024 peak. You are not buying at the top. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Newark prices have risen in 92 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.
Most Newark households rent. 76 out of every 100 households are renters. The renter share is shrinking. Five years ago it was 78 in 100. Newark added about 7,900 renter households in five years. Renter households here average 2.5 people. Families rent here. Buy bedrooms. Studios will sit.
The median Newark household earns $51,369 a year. Incomes here have grown 7.6% a year since 2019. Incomes and home prices are rising in step. A typical home costs 8.5 times the median income. Most locals cannot buy. That keeps rental demand deep. It also caps the rent they can pay. At 30% of income, a tenant on the median income can pay about $1,284 a month.
To see what one Newark address would rent for and cash flow, run it through the app.
Pending-sale counts for Newark were thinly reported until recently, so this page reads demand from how long listings sit, how many sellers cut, and how much is for sale. Few sellers are dropping their price. Asking prices are holding firm. Your discount will come from one stale listing.
The typical Newark listing has been on the market 55 days. That is 10% shorter than a year ago. There are 206 homes for sale in Newark. That is 2.0 times the tightest month on record, but below the peak of 376. Supply is growing against last year.
Read how population change affects rentals and how we read these numbers, then run the numbers on a deal.
The median asking price in Newark is about $439,000 as of Sep 2026, up 6.0% from a year ago. The typical listing is 20% larger than a year ago, and asking price per square foot is down 1.3%. So the size of homes on the market explains much of the rise. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Newark figures cover the 11 ZIP codes with a Newark mailing address, which can reach past city limits.
Neither side has the upper hand in Newark right now. We compare Newark with 2017–2019 at this time of year: the typical listing has been up 24% fewer days; 8% of sellers have cut their price, against 6% then; there are 14% fewer homes for sale.
The median asking price is 6.1% below its Dec 2024 peak. You are not buying at the top. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.
07105. 26% of sellers there have cut their price, and the typical listing has been up 48 days.
Across 9 full years, Newark asking prices ran lowest in January, about 6.6% below the year's average. They peaked in November. The most homes for sale show up in August, about 4% above the yearly average.
Assume +6.8% a year. Newark grew 10.5% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Newark grows about 6.8% a year. That is the number to type in. Prices fell 1.3% over the last year. Use it for timing. The five-year rate is the better guide.
No. There are 206 homes for sale, 14% fewer than in 2017–2019 at this time of year.
HUD's fiscal year 2026 fair market rent for Essex County is $2,205 a month for 2 bedrooms and $2,761 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
ZIP 07103 is on both lists. That is rare. It is the one place in Newark where leverage and growth overlap.
| ZIP | $/sqft, 2 yrs | $/sqft now | For sale |
|---|---|---|---|
| 07107 | +78.8% | $341 | 14 |
| 07103 | +13.5% | $300 | 24 |
| 07114 | +13.2% | $292 | 10 |
| 07108 | +5.6% | $231 | 26 |
| 07106 | -4.4% | $197 | 33 |
Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.
Newark has eleven ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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