Major metropolitan market · New Jersey · June 2026 data

Newark Real Estate Market

The Newark, NJ housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Newark report in a click.

Median listing price
$792,000
▲ 0.7% YoY
Median $ / sq ft
$537
1,456 sq ft median
Median days on market
47
June 2026
Active listings
38,910
For sale now
New listings
22,704
June 2026
Listings with price cuts
9%
Share of active
Median sale price (closed)
$664,250
▲ 6.5% YoY · closed sales
Sale-to-list ratio
105.2%
Closed sales
Homes sold / month
1,531
Closed sales
Median listing price trend
$792K$781K$771K$760K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Newark NJ · trailing 8 quarters · source: public records and industry data.

The 10-year view
$792K$724K$656K$588K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Newark NJ · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
38,910
New this month
22,704
Pending
20,066
Price-reduced
3,638

As of June 2026, the median home listed in Newark, NJ asks $792,000 — up 0.7% from a year ago. Homes are taking a median of 47 days to go under contract, and 9% of the 38,910 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
59/100
#273 of 932 covered metros
12-month outlook
+2.3%
▲ Rising · model output, not advice
Momentum
71
Value
9
Rental yield
57
Supply risk
19
Market heat
76

Newark scores 59/100 on our composite Investor Score (#273 of 932 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 4.1%; active inventory sits at 56% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 0.7% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

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.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$3,570/mo
−$406/mo vs today
At today's rate · 6.43%
$3,976/mo
National weekly average
If rates rise 1% · 7.43%
$4,400/mo
+$424/mo vs today

Principal & interest on the $792,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
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.

Newark market news

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 market FAQs

What is the median home price in Newark?
As of June 2026, the median listing price in Newark, NJ is $792,000, up 0.7% year over year (source: public records and industry data).
How fast are homes selling in Newark?
The median property in Newark spends 47 days on the market, with 38,910 homes actively listed and 9% of them carrying a price cut — a balanced market by pace.
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.
Based on public records and industry data, June 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.