Market Intelligence · NJ / Newark

Newark, NJ 07102 Housing Market

The typical home value in Newark, NJ 07102 is $405,873, down 9.6% over the past year. Sellers are listing at a median of $474,999, and homes are spending a median of 51 days on the market.

Updated August 2026Median value$406K

The median home value in Newark, NJ 07102 is $406K as of August 2026, down 9.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 07102 range

$373K to $438K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-9.6% over 12 months

Typical home value in 07102 over the last 12 months: $449K in Aug 2025 to $406K in Aug 2026 (-9.6%).

Aug 2025$449K

Aug 2026$406K

The numbers

What is the 07102 housing market like?

Typical home value

$406K

Down9.6%YoY

Median list price

$475K

Down1.0%MoM

Days on market

51

Up142.9%MoM

Homes for sale

12

Up33.3%MoM

Price cuts

0.0%

New listings

0

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

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The comparison

How do 07102 home prices compare?

  • 07102$405,873
  • Newark$496,598
  • New Jersey$576,681
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Newark: 9 ZIPs; New Jersey: 547 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 12 homes for sale in 07102, and 0 new listings came on in the latest reading. The median list price is $474,999, while the typical home value sits at $405,873 after falling 9.6% over the past year. Homes are taking a median of 51 days to sell, and 0.0% of current listings carry a price cut. That gap between asking prices and what homes are actually worth is worth paying attention to. For a seller, the honest read is that values are softening, so pricing realistically from day one matters more than testing the market high.

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