$85,000
0.43 Acres
Land
Doug Pillard, Listing Office: JPAR Fort Worth
Housing Prices in Newark, TX
How much do homes in Newark, TX cost?
Median List Price
$340,000
$187/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
+$22,100(+7.0%)
Key Takeaway
The list price of homes in Newark has increased by 7% since last year.
Summary: The median home list price in Newark was $340,000 in August 2024, up 7% from the previous year, and the median price per square foot was $187.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155K | N/A |
| 2 Bedrooms | $185K | $406.3K | +119.7% |
| 3 Bedrooms | $304.9K | $293K | -3.9% |
| 4 Bedrooms | $359.9K | $399.9K | +11.1% |
| 5+ Bedrooms | $369.9K | $379.9K | +2.7% |
Summary: Newark housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 119.7%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 2.7%.
Median List Price Compared To Nearby Cities
| Boyd-Rhome | $399.4K | $430.4K | +7.8% |
| Newark | $317.9K | $340K | +7.0% |
| Rhome | $426.1K | $449.9K | +5.6% |
Housing Supply in Newark, TX
How many homes are available in Newark, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 44 | 40 | -9.1% |
Summary: The Newark real estate market had 40 homes for sale in August 2024, a 9.1% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Newark housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes remained the same.
Days on Market for Newark, TX
How long does it take to sell a home in Newark, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 114 Days | 109 Days | -4.5% |
Summary: Homes in Newark had an average listing age of 109 days in Aug 2024, down by 4.5% compared to the previous year.
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