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All market snapshots / 07103

Newark, NJ 07103 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Newark, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.29
ActiveActive listings: 3131PendingPending sales: 99
Newark, NJ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $600k$600kSoldMedian sold price (last 6 months): $480k$480k
What homes actually sell for in Newark, NJ
Distribution of 152 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $360k to $800k
$245k to $338k: 18 sales$245k$338k to $431k: 35 sales35sales$431k to $524k: 20 sales$431k$524k to $617k: 11 sales$617k to $710k: 16 sales$617k$710k to $803k: 8 sales$803k to $896k: 16 sales$803k$896k to $989k: 13 salesMedian $480k

What the numbers say

As of September 14, 2026, Resideline is tracking 31 active listings and 9 pending sales in ZIP code 07103. That pending-to-active ratio of 0.29 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $599,900, while the median of the 152 closed sales Resideline tracked over the last six months was $479,999. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 07103 for 70 days.

Frequently asked questions

What is the median home price in 07103?

The median closed sale price in Newark, NJ 07103 was $479,999 over the last six months, based on 152 closed sales tracked by Resideline. The middle half of those sales ranged from $360,000 to $800,000.

Is 07103 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 31 active listings in 07103, a pending-to-active ratio of 0.29. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 07103 currently looks like a balanced market.

Nearby ZIP code market data

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