Newark Market Report
$323,342
AVERAGE PRICE OF 350 HOMES$162,607
AVERAGE PRICE OF 13 DISTRESSED HOMES$1,499,633
AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES$566,833
AVERAGE PRICE OF 6 NEWLY BUILT HOMES$539,668
AVERAGE PRICE OF 19 HOMES WITH A POOL$306,198
AVERAGE PRICE OF 4 REDUCED PRICE HOMESAverage Home
| Average Price | $323,342 |
| Avg Bedrooms | 3.16 beds |
| Avg Bathrooms | 2.35 baths |
Average Price by Bedrooms
| 1 bedroom | $131,666 |
| 2 bedrooms | $242,812 |
| 3 bedrooms | $265,585 |
| 4 bedrooms | $395,741 |
| 5 bedrooms | $549,425 |
Newark Home Price Trends
| 8/2021 | 7/2021 | 6/2021 | 5/2021 | 4/2021 | |
|---|---|---|---|---|---|
| Total Listings | 398 | 367 | 346 | 308 | 261 |
| Average Price | $323,810 | $331,840 | $322,163 | $305,062 | $307,545 |
| Avg Price Change | -2.48% | +3.00% | +5.61% | -0.81% | +1.08% |
| Median Price | $285,765 | $299,024 | $292,699 | $275,216 | $275,073 |
| Med Price Change | -4.64% | +2.16% | +6.35% | +0.05% | +4.27% |
| Avg Bedrooms | 3.15 beds | 3.18 beds | 3.19 beds | 3.08 beds | 3.05 beds |
| Avg Bathrooms | 2.37 baths | 2.38 baths | 2.36 baths | 2.37 baths | 2.34 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Christiana | 25 | $282,360 | 30 days |
| Dickinson | 3 | $616,298 | 24 days |
| Glasgow | 20 | $327,060 | 32 days |
| John Dickinson | 2 | $899,949 | 171 days |
| Newark | 39 | $347,635 | 39 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 350 | $323,342 | 57 days |
| Distressed Homes | 13 | $162,607 | 113 days |
| Multi-Million Dollar Homes | 3 | $1,499,633 | 123 days |
| Newly Built Homes | 6 | $566,833 | 53 days |
| Homes with a Pool | 19 | $539,668 | 33 days |
| Reduced Price Homes | 4 | $306,198 | 36 days |
