Market Intelligence · NJ / Newark

Newark, NJ 07106 Housing Market

The typical home value in Newark's 07106 ZIP code is $467,051, down 0.2% over the past year. The median list price is $439,000, and homes are moving at a median of 25 days on market.

Updated August 2026Median value$467K

The median home value in Newark, NJ 07106 is $467K as of August 2026, down 0.2% 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 07106 range

$430K to $504K

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

-0.2% over 12 months

Typical home value in 07106 over the last 12 months: $468K in Aug 2025 to $467K in Aug 2026 (-0.2%).

Aug 2025$468K

Aug 2026$467K

The numbers

What is the 07106 housing market like?

Typical home value

$467K

Down0.2%YoY

Median list price

$439K

Flat0.0%MoM

Days on market

25

Down52.8%MoM

Homes for sale

20

Down13.0%MoM

Price cuts

0.0%

Down100.0%MoM

New listings

16

Up166.7%MoM

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

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The comparison

How do 07106 home prices compare?

  • 07106$467,051
  • 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

Values in 07106 are essentially flat, with the typical home value at $467,051 and down just 0.2% over the past year. Inventory is limited, with 20 homes for sale and 16 new listings. Despite the tight supply, the median list price of $439,000 sits below the typical value, and homes are selling in a median of 25 days on market. Not a single listing has taken a price cut, with the share at 0.0%. For a seller, the data points to a steady market where well-priced homes are finding buyers without needing reductions.

Monthly payment

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20% · $93,410

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