| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $742,000 | -2.3% YoY |
| Median price per sq ft | $494 | 1,461 sq ft median |
| Median days on market | 56 | -3% YoY |
| Active listings | 38,158 | +6% YoY |
| New listings this month | 15,952 | September 2026 |
| Listings with a price cut | 10% | Share of active |
| Median sale price (closed) | $690,000 | +7.0% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 103.7% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 44.3% | 16,910 pending |
| Inventory vs 2019 | 58% | Active listings vs same month in 2019 |
| Gross rental yield | 4.4% | 2BR fair market rent |
Major metropolitan market · New Jersey · September 2026 data
What is the Newark, NJ real estate market doing?
As of September 2026, the median home listed in Newark, NJ asks $742,000, down 2.3% year over year. Homes spend a median of 56 days on market, with 38,158 active listings and 10% carrying a price cut; pending contracts equal 44% of active listings, and inventory sits at 58% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 4.4%. Figures come from public records and industry data, updated monthly.
Median listing price
$742,000
▼ 2.3% YoY
Median $ / sq ft
$494
1,461 sq ft median
Median days on market
56
September 2026
Active listings
38,158
For sale now
New listings
15,952
September 2026
Listings with price cuts
10%
Share of active
Inventory vs 2019
58%
Same month, 2019 = 100
Pending / active
44%
Contract activity
Median sale price (closed)
$690,000
▲ 7.0% YoY · closed sales · July 2026
Sale-to-list ratio
103.7%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
1,640
Closed sales · July 2026, seasonally adjusted
What is the Newark, NJ housing market doing right now?
The Newark, NJ housing market lists at a $742,000 median as of September 2026, down 2.3% year over year, with a 56-day median market time and 38,158 homes for sale (10% with a price cut). Active inventory is 58% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.4%.
Newark housing market statistics
The table summarizes Newark's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Newark.
How have home prices changed in Newark?
Newark home prices are down 2.3% year over year and -0.9% month over month as of September 2026, at a $742,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Newark NJ · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Newark NJ · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Newark?
Newark has 38,158 active listings, 15,952 new this month, 16,910 pending as of September 2026. About 10% of active listings have cut their price, and inventory sits at 58% of its 2019 level — a balanced market by pace.
Is Newark a good real estate investment?
Newark scores 59/100 on WealthyBud's composite Investor Score, ranking #269 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
59/100
#269 of 933 covered metros
Newark scores 59/100 on our composite Investor Score (#269 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; at the published FY2026 fair market rent of $2,697/mo for a two-bedroom, the gross rental yield on the median listing is about 4.4%; active inventory sits at 58% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 2.3% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Newark ranks on the trending markets index.
How much is a monthly mortgage payment in Newark?
A home at Newark's $742,000 median listing runs about $4,061 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$3,666/mo
−$395/mo vs today
At today's rate · 7.28%
$4,061/mo
National weekly average
If rates rise 1% · 8.28%
$4,472/mo
+$411/mo vs today
Principal & interest on the $742,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Newark?
To buy Newark’s $742,000 median listing with 20% down, a household needs about $219,000 a year in gross income, keeping principal, interest and property tax ($5,106/mo) at 28% of income. That is 2.2× the area’s $97,334 median household income, so a typical Newark household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $742,000 | September 2026 |
| Down payment (20%) | $148,400 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $4,061/mo | Rate as of 2026-10-01 |
| Property tax (1.69% effective rate) | $1,045/mo | Census ACS |
| Income needed (28% rule) | $219,000 | Gross household income / yr |
| Median household income | $97,334 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Newark housing market?
Longer-run demand in Newark shows up in 47,828 homes permitted in 2025; net migration of -181,613 residents. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
47,828
▼ 18.4% vs 2024
2.4 per 1,000 residents
Net migration (2022–2023)
-181,613
▼ people, via tax-return records
net income flow −$12057.1M/yr
Natural-hazard risk
Relatively High
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
What is the latest Newark real estate news?
Cities With the Fastest-growing Home Prices in New JerseyStacker · 2026-06-29→The nation’s most competitive housing market where 58% of homes sell above ask is a surprising New Jersey cityNew York Post · 2026-06-24→Newark housing market outpaces cooling New JerseyHousingWire · 2026-04-23→New Jersey outpaces US housing market, tops nation in price growthFox Business · 2026-04-10→
Newark's housing market is experiencing rapid price growth and high competition, outpacing broader New Jersey and national trends. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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Newark by ZIP code
Median price, pace and inventory for 9 Newark ZIPs — the spread behind the metro number.
Explore DirectoryTop agents in Newark
The highest-producing real estate agents in Newark, ranked by recent sales.
View DirectoryTop teams
The groups setting production records nationwide.
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Hours, exam and the commission that regulates New Jersey agents.
Read IncomeAgent salary in New Jersey
What real estate agents actually earn across New Jersey.
ReadNewark housing market FAQ
What is the median home price in Newark?
As of September 2026, the median listing price in Newark, NJ is $742,000, down 2.3% year over year (source: public records and industry data).
How much does it cost to buy a home in Newark?
The median home listed in Newark asks $742,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $4,061 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Newark?
The median property in Newark spends 56 days on the market, with 38,158 homes actively listed and 10% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Newark?
With a median 56 days on market and 10% of active listings carrying a price cut, pending contracts at 44% of active listings, Newark reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Newark a good place to invest in real estate?
Newark scores 59/100 on WealthyBud's Investor Score, ranking #269 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Newark?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Newark and the wider New Jersey market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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