Newark Real Estate Market Sees Sales Down

The Newark market pulled back with a 12.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (19.8) with 22 homes sold. On the other hand, close-by Glasgow registered 25 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should take note that the median sales price in Newark rose to $262,500 and that there are four months of inventory still available.

Looking for a more classic home in Newark? These are older homes currently available in the market:

$289K   $375K   $539K  

Get started right now by checking out Newark homes for sale or reviewing Newark real estate trends.

Demographic facts for Newark:

  • The total number of vacant homes in the area is 6.1%.
  • The area gets 202 sunny days a year. (U.S. average: 205)
  • The student per librarian ratio in this area is 875:1. (803:1 = national average)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
RE/MAX SUNVEST REALTY INC
5 reviews
Berkshire Hathaway HomeServices
Snapped 5 homes in this area
Remax Town & Country
Snapped 1 home in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.