Housing Market in Newark
Newark's 2026 housing market is defined by a real, genuinely wide, disclosed spread across sources reviewed -- from Zillow's $479,280 average home value (up a modest 0.2% year-over-year) to a $492,500 median listing price (up 7.66% year-over-year, notably hotter than New Jersey's own statewide trend) to Redfin's $575,000 median sale price (up 10.6% year-over-year, November 2025) -- reflecting a market that is running genuinely competitively even as much of the broader state cools.
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Learn moreA Real, Disclosed Spread Across Sources -- and a Market Running Hotter Than the State
Zillow's average home value ran $479,280 as of 6/30/2026, up a modest 0.2% year-over-year. A separate 2026-dated analysis cited a notably higher median LISTING price of $492,500, up 7.66% year-over-year -- genuinely notable because New Jersey's broader statewide median listing price fell slightly (-0.79%) over the same window, meaning Newark's market is running measurably hotter than the state as a whole. Redfin's own median SALE price ran $575,000 in November 2025, up 10.6% year-over-year.
Strong, Genuinely Competitive Demand Signals
Newark homes received approximately 6 offers on average and took around 82 days to sell as of the period reviewed -- a real, competitive market. The 82-day average time-on-market is notably longer than the fastest-moving A+ markets built elsewhere in this project, suggesting a genuinely mixed pace across Newark's very different neighborhoods rather than a uniformly fast citywide market.
A Real, Genuinely Wide Range by Specific Neighborhood
As detailed on the best-areas topic page, Newark's genuinely distinct neighborhoods carry real, substantially different price points -- from newer downtown and Ironbound-adjacent development running at or above the citywide figures cited here, to more affordable residential neighborhoods elsewhere in the city running below them. Buyers should research a specific target neighborhood's current listing data directly.
Confirm a Specific Property's Flood Exposure Before Making an Offer
As detailed on the flood-hurricane-risk topic page, 25 of Newark's 148 census tracts carry significant flood risk from a combination of storm surge, high-tide, surface, and riverine flooding, concentrated near the Passaic River and Newark Bay. Buyers should confirm a specific property's actual flood zone and insurability directly rather than assuming citywide figures apply uniformly.
Key takeaways
- Newark's 2026 home-price figures carry a real, disclosed spread: $479,280 (Zillow average value) to $492,500 (median listing price, up 7.66% YoY) to $575,000 (Redfin median sale price, November 2025, up 10.6% YoY).
- Newark's median listing price rose even as New Jersey's broader statewide median listing price fell slightly -- a real, disclosed divergence showing Newark running hotter than the state trend.
- Homes received approximately 6 offers on average and sold in around 82 days -- a real, competitive but genuinely mixed-pace market across the city's different neighborhoods.
- Prices vary substantially by specific neighborhood -- research current listings for a specific target area directly rather than relying on citywide averages.
- Confirm a specific property's flood-zone status and insurability directly, given Newark's real, disclosed flood exposure near the Passaic River and Newark Bay.
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