Market Intelligence · NJ / Newark

Newark, NJ 07106 Housing Market

The typical home value in Newark's 07106 ZIP is $466,948, down 1.1% over the past year. The median list price sits at $436,750, and homes are taking a median of 47 days on market as of June 1, 2026.

Updated June 2026Median value$467K

The median home value in Newark, NJ 07106 is $467K as of June 2026, down 1.1% 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

-1.1% over 12 months

Typical home value in 07106 over the last 12 months: $472K in Jun 2025 to $467K in Jun 2026 (-1.1%).

Jun 2025$472K

Jun 2026$467K

The numbers

What is the 07106 housing market like?

Typical home value

$467K

Down1.1%YoY

Median list price

$437K

Days on market

47

Down35.6%MoM

Homes for sale

24

Price cuts

0.0%

New listings

14

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 07106 home prices compare?

  • 07106$466,948
  • Newark$497,009
  • New Jersey$583,133
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Newark: 9 ZIPs; New Jersey: 547 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 24 homes for sale in 07106, with 14 new listings added recently. The median list price is $436,750, while the typical home value is $466,948, down 1.1% over the past year. Homes here take a median of 47 days on market. Notably, 0.0% of listings have had a price cut. For sellers, the picture is mixed: values have softened slightly, so pricing carefully from the start matters more than assuming quick demand.

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