Newark, NJ Housing Market 2026: What Homes Actually Sell For
What homes actually sell for in Newark: a median closing price of $577,500 across 648 closings Resideline tracked over the last six months, plus the full price spread.
If you invest in or around Newark, the number that matters is what homes actually close for, not what sellers are asking. Here is what Newark sale prices look like right now, built from the closings Resideline tracked over the last six months, as of August 2026.
The snapshot
- •Closings tracked, last 6 months: 648
- •Median sold price, last 6 months: $577,500
- •Median sold $/sqft, last 6 months: $227
- •Middle half of sales closed between: $417,511 and $750,000
What the numbers say
Resideline tracked 648 closed sales in Newark over the last six months, with a median closing price of $577,500. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $417,511 and $750,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 482 closings with usable living area, the middle half sold between $177 and $301 per square foot.
Figures last updated August 22, 2026 from closings Resideline tracked.
Median home price in Newark, NJ (August 2026)
The median home price in Newark is $577,500, measured across the 648 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $417,511 and $750,000.
Where Newark sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Newark over the last six months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $417,511 and $750,000. Where your target property sits inside that spread matters more than the citywide median.
How long a sale takes here
- •Listed to under contract: a median of 30 days, across 469 Newark closings Resideline tracked in the last six months
- •Contract to closing: a median of 52 days, across 449 Newark closings Resideline tracked in the last six months
The Newark angle
Newark's closed-sale distribution is unremarkable in shape, which is useful information in itself. Resideline tracked 648 closings over the last six months; the median closed sale price was $577,500, and the middle half of sales closed between $417,511 and $750,000. The gap between quartiles is close to typical for the markets we track, and the median sits near the centre of that band rather than leaning to one side. That combination makes the citywide figure a fair orientation point and a poor final answer.
From market read to offer price
A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,516+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Newark address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Newark, NJ
Data updated: August 2026
Analysis period: last six months
Tracked closings: 648
Median sold price: $577,500
Median sold $/sqft: $227 (482 qualifying)
https://resideline.com/blog/newark-nj-housing-market
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Newark over the last six months, and is refreshed when the data is. The closings we track inside the city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 20% of the 648 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $600,000.
Frequently Asked Questions
What is the median home price in Newark?
The median sold price in Newark over the last 6 months is $577,500, measured across 648 closings Resideline tracked.
How many homes sold in Newark last month?
Resideline tracked 107 closed sales in Newark in July 2026, out of 648 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Newark?
The middle half of Newark sales over the last six months closed between $417,511 and $750,000, with a median of $577,500.
What is the typical price per square foot in Newark?
Among qualifying Newark closings Resideline tracked over the last six months, the median sold price per square foot was $227, measured across 482 sales with usable living area. Median is used rather than average because outliers distort the mean.
Should the Newark median anchor a single-property valuation?
Only as orientation. The middle half of Newark closings spanned $417,511 to $750,000, a band close to typical for the markets we track, so $577,500 describes the market rather than the property. With 648 closings tracked over six months you have enough depth to build a matched set and let it, not the citywide figure, produce the number.
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