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Market Intelligence · NJ / Essex County

Newark, NJ home prices and housing market

9 ZIP markets liveData updated September 2026Typical value$495K1-yr changeUp1.5%

The typical home value in Newark, NJ is $495K as of September 2026, up 1.5% from a year ago, based on the Zillow Home Value Index. In the typical Newark ZIP code, the median list price is $449K and homes spend a median of 59 days on market as of September 2026 (Realtor.com).

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The coverage

Newark, by the numbers.

Typical home valueZillow ZHVI, September 2026
$495K
1-yr changeMedian across Newark ZIPs
+1.5%
ZIP markets live11 tracked in Newark
9
County
Essex County

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12-month value trend

+1.5% over 12 months

Typical home value in Newark over the last 12 months: $488K in Sep 2025 to $495K in Sep 2026 (+1.5%).

Sep 2025$488K

Sep 2026$495K

Median Zillow home value index across Newark's ZIP codes.

Context

Newark's housing market shows steady momentum heading into fall 2026. The typical home value is $494,915, up 1.5% over the past year as of September 2026. With 206 homes for sale and a median list price of $449,000, inventory remains modest. New listings totaled 54 in September, and the median time on market stands at 59 days. Only 2.6% of listings have seen a price cut. For homeowners considering a sale, the market is moving at a reasonable pace with modest appreciation, though you should weigh current conditions against your personal timeline and goals.

The numbers

What is the housing market like in Newark, NJ?

Typical home value

$495K

Up1.5%YoY

Median list price

$449K

Days on market

59

Homes for sale

206

Price cuts

2.6%

New listings

54

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Newark's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Newark, NJ home prices over time

Typical home values in Newark, NJ are up 1.5% over the past year, from $488K in September 2025 to $495K in September 2026.

Typical home value in Newark, NJ, September of each year
MonthTypical value1-yr change
September 2026$494,915+1.5%
September 2025$487,627No prior year

Typical value is the median Zillow Home Value Index across Newark ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Newark, NJ a buyer's or seller's market?

Newark, NJ is roughly balanced between buyers and sellers.

The signals are mixed: relatively few listings have cut their asking price, but homes for sale are building up relative to new listings, so pricing and condition matter more than market direction.

Based on a median of 59 days on market and 3% of listings with a price cut in the typical Newark ZIP code, and 54 new listings against 206 active listings across Newark, as of September 2026 (Realtor.com).

The outlook

Newark housing market forecast 2027

+2.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 9 Newark ZIP codes, points to typical home values rising 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in Newark rose 1.5%, per the Zillow Home Value Index.

Will home prices drop in Newark?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Newark shows typical home values rising 2.1% by September 2027, after a 1.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 9 Newark ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Newark ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 11 Newark ZIP codes in total; the remaining 2 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Newark, NJ home prices.

What is the typical home value in Newark?

The typical home value in Newark is $494,915 as of September 2026, up 1.5% over the past year.

How long do homes typically stay on the market in Newark?

The median days on market is 59 as of September 2026, indicating a moderate selling pace.

How many homes are currently for sale in Newark?

There are 206 homes for sale in Newark as of September 2026, with a median list price of $449,000.

Are home prices going up or down in Newark, NJ?

Typical home values in Newark, NJ are up 1.5% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Newark, NJ a buyer's or seller's market?

Newark, NJ is roughly balanced between buyers and sellers. The signals are mixed: relatively few listings have cut their asking price, but homes for sale are building up relative to new listings, so pricing and condition matter more than market direction. Based on a median of 59 days on market and 3% of listings with a price cut in the typical Newark ZIP code, and 54 new listings against 206 active listings across Newark, as of September 2026 (Realtor.com).

Nearby markets

More New Jersey housing markets.

The market is moving

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