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


Ask a local expert about this area:
Bhhs Fox & Roach-Hockessin
Snapped 5 homes in this area
Re/Max Town & Country
Snapped 1 home in this area

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