Housing Prices in Newark, MD

How much do homes in Newark, MD cost?

Median List Price

$338,888

$211/sqft

Based on all homes listed in the last 12 months.

Difference Since September 2023

-$86,112(-20.3%)

Key Takeaway

The list price of homes in Newark has decreased by 20.3% since last year.

Summary: The median home list price in Newark was $338,888 in September 2024, down 20.3% from the previous year, and the median price per square foot was $211.

Median List Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 -$380K
N/A
3 $309.9K$334.3K
+7.9%
4 $425K$425K
0.0%
5+ -$225K
N/A

Summary: Newark housing prices by bedroom type for September 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 7.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Newark, MD

How many homes are available in Newark, MD?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
45+25.0%

Summary: The Newark real estate market had 5 homes for sale in September 2024, a 25.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Newark housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 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

Sep 2023Sep 2024CHANGE
696 Days441 Days-36.7%

Summary: Homes in Newark had an average listing age of 441 days in Sep 2024, down by 36.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Newark, MD

Nearby Markets to Newark, MD