Market Intelligence · NJ / Newark

Newark, NJ 07103 Housing Market

The typical home value in Newark's 07103 ZIP code is $401,853, up 2.0% over the past year as of 2026-08-01. The median list price is $389,000, and homes spend a median of 72 days on the market. That is a steady market, but not a fast one.

Updated August 2026Median value$402K

The median home value in Newark, NJ 07103 is $402K as of August 2026, up 2.0% 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.

Get a cash offer

Sell without the wait

Sell your Newark home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 07103 range

$370K to $434K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 07103 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Newark, NJ.

12-month value trend

+2.0% over 12 months

Typical home value in 07103 over the last 12 months: $394K in Aug 2025 to $402K in Aug 2026 (+2.0%).

Aug 2025$394K

Aug 2026$402K

The numbers

What is the 07103 housing market like?

Typical home value

$402K

Up2.0%YoY

Median list price

$389K

Up2.0%MoM

Days on market

72

Up12.5%MoM

Homes for sale

28

Up7.7%MoM

Price cuts

7.8%

New listings

20

Up150.0%MoM

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

Free home value report

See what your 07103 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 07103 home prices compare?

  • 07103$401,853
  • 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 were 28 homes for sale in 07103, with 20 new listings coming on the market. The median list price of $389,000 sits below the typical home value of $401,853, which suggests many sellers are pricing in line with what buyers will actually pay. Values rose 2.0% over the past year, a modest pace. With a median of 72 days on market, buyers have time to consider their options. For a seller, this means realistic pricing matters more than optimism, because overpriced homes will likely sit.

Monthly payment

Estimate your monthly payment.

20% · $80,371

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.