Housing Prices in Newark, MD
How much do homes in Newark, MD cost?
Median List Price
$305,000
$198/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in Newark was $305,000 in March 2024, up 6.1% from the previous year, and the median price per square foot was $198.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $302.4K | N/A |
3 Bedrooms | $267.4K | $302.4K | +13.1% |
4 Bedrooms | $425K | $425K | 0.0% |
5+ Bedrooms | $825K | $525K | -36.4% |
Summary: Newark housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 13.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 36.4%.
Housing Supply in Newark, MD
How many homes are available in Newark, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Summary: The Newark real estate market had 8 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Newark housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Newark, MD
How long does it take to sell a home in Newark, MD?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
220 Days | 341 Days | +54.7% |
Summary: Homes in Newark had an average listing age of 341 days in Mar 2024, up by 54.7% compared to the previous year.