Major metropolitan market · New Jersey · June 2026 data

Newark Real Estate Market

As of June 2026, the median home listed in Newark, NJ asks $792,000 — up 0.7% year over year. Homes sell in a median of 47 days, with 38,910 active listings and 9% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

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

Newark housing market statistics

The table summarizes Newark's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Newark, NJ housing market at a glance — June 2026
MetricLatestDetail
Median listing price$792,000+0.7% YoY
Median price per sq ft$5371,456 sq ft median
Median days on market47-4% YoY
Active listings38,910+5% YoY
New listings this month22,704June 2026
Listings with a price cut9%Share of active
Median sale price (closed)$664,250+6.5% YoY
Sale-to-list ratio105.2%Closed sales
Gross rental yield4.1%2BR fair market rent

How have home prices changed in Newark?

Newark home prices are up 0.7% year over year and +2.2% month over month as of June 2026, at a $792,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$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.

How much inventory is on the market in Newark?

Newark has 38,910 active listings, 22,704 new this month, 20,066 pending as of June 2026. About 9% of active listings have cut their price, and inventory sits at 56% of its 2019 level — a balanced market by pace.

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

Is Newark a good real estate investment?

Newark scores 59/100 on WealthyBud's composite Investor Score, ranking #273 of 932 covered U.S. metros as of June 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
#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.

How much is a monthly mortgage payment in Newark?

A home at Newark's $792,000 median listing runs about $3,976 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

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.

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?

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 housing market FAQ

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 much does it cost to buy a home in Newark?
The median home listed in Newark asks $792,000 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $3,976 a month in principal and interest, before taxes, insurance and HOA.
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 as of June 2026.
Is it a buyer's or seller's market in Newark?
With a median 47 days on market and 9% of active listings carrying a price cut, Newark reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Newark a good place to invest in real estate?
Newark scores 59/100 on WealthyBud's Investor Score, ranking #273 of 932 covered U.S. metros as of June 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, 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.

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Samuel Okonkwo Property Investment Analyst

Samuel Okonkwo is a property investment analyst who covers cap rates, cash-flow modeling and rental-property ROI for single-family and small multifamily investors. He builds his models from public rent and price data to help readers compare markets objectively.