Market Intelligence · NJ / Newark

Newark, NJ 07105 Housing Market

The typical home value in Newark's 07105 ZIP code is $555,735, down 4.2% over the past year as of 2026-08-01. The median list price sits at $384,900, and homes spend a median of 37 days on the market.

Updated August 2026Median value$556K

The median home value in Newark, NJ 07105 is $556K as of August 2026, down 4.2% 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 07105 range

$511K to $600K

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

-4.2% over 12 months

Typical home value in 07105 over the last 12 months: $580K in Aug 2025 to $556K in Aug 2026 (-4.2%).

Aug 2025$580K

Aug 2026$556K

The numbers

What is the 07105 housing market like?

Typical home value

$556K

Down4.2%YoY

Median list price

$385K

Down3.6%MoM

Days on market

37

Down50.7%MoM

Homes for sale

18

Down14.3%MoM

Price cuts

12.5%

New listings

4

Up100.0%MoM

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

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The comparison

How do 07105 home prices compare?

  • 07105$555,735
  • 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 18 homes for sale in 07105, with 4 new listings entering the market. The median list price is $384,900, and listings move in a median of 37 days. Price reductions are limited, with 12.5% of listings showing a cut. At the same time, the typical home value of $555,735 is down 4.2% over the past year. For a seller, that means buyers are still absorbing a small pool of inventory, but pricing power is softer than it was a year ago.

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