Market Intelligence · NJ / Newark

Newark, NJ 07114 Housing Market

The typical home value in Newark's 07114 ZIP code is $466,526, down 4.8% over the past year. The median list price sits at $374,500, and homes are taking a median of 48 days on market.

Updated June 2026Median value$467K

The median home value in Newark, NJ 07114 is $467K as of June 2026, down 4.8% 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 07114 range

$429K 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

-4.8% over 12 months

Typical home value in 07114 over the last 12 months: $490K in Jun 2025 to $467K in Jun 2026 (-4.8%).

Jun 2025$490K

Jun 2026$467K

The numbers

What is the 07114 housing market like?

Typical home value

$467K

Down4.8%YoY

Median list price

$375K

Days on market

48

Down52.2%MoM

Homes for sale

8

Price cuts

20.0%

New listings

0

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

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The comparison

How do 07114 home prices compare?

  • 07114$466,526
  • 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 8 homes for sale in 07114, with no new listings recorded. The median list price is $374,500, and the median time on market is 48 days. About 20.0% of listings have had a price cut, and the typical home value of $466,526 is down 4.8% over the past year. For sellers, this points to a slower market where pricing carefully and expecting a longer timeline can help.

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