2025 Compare Cities Housing:
Raleigh, NC vs Newark, NJ

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Highlights
- The median age of a home in Raleigh is 103.7% younger than the median age of a home in Newark.
 Raleigh, NCNewark, NJUnited States
 Median Home Age27  Unlock42
 Median Home Cost  Unlock$385,700$338,100
 Home Appr. Last 12 months23.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock46.3%57.0%
 Home Appr. Last 10 yrs.122.8%  Unlock101.1%
 Property Tax Rate  Unlock$25.0$11.0
 Homes Owned46.7%  Unlock57.4%
 Housing Vacant  Unlock9.1%11.2%
 Homes Rented43.8%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Raleigh, NCNewark, NJUnited States
 Average Rent  Unlock$1,740$1,840
 Studio Apartment$1,240  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,160$1,180
 2 Bedroom Home or Apartment$1,450  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,760$1,860
 4 Bedroom Home or Apartment$2,350  Unlock$2,160
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 Vacant Housing
 Raleigh, NCNewark, NJUnited States
 Vacant For Rent  Unlock3.2%1.9%
 Vacant Rented2.2%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other2.3%  Unlock4.1%
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 Owner-Occupied Housing Value
 Raleigh, NCNewark, NJUnited States
 Less Than $20,000  Unlock4.6%2.6%
 $20,000 to $39,9990.5%  Unlock2.4%
 $40,000 to $59,999  Unlock1.0%2.8%
 $60,000 to $79,9990.5%  Unlock3.9%
 $80,000 to $99,999  Unlock1.2%4.5%
 $100,000 to $149,9996.6%  Unlock11.3%
 $150,000 to $199,999  Unlock14.6%13.0%
 $200,000 to $299,99928.3%  Unlock20.1%
 $300,000 to $399,999  Unlock21.8%13.6%
 $400,000 to $499,99911.0%  Unlock8.3%
 $500,000 to $749,999  Unlock5.8%9.7%
 $750,000 to $999,9994.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%2.2%
 $1,500,000 to $1,999,9990.5%  Unlock0.8%
 $2,000,000 and over  Unlock0.8%1.1%
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 Housing Units By Year Built
 Raleigh, NCNewark, NJUnited States
 2015 and Newer0.3%  Unlock0.2%
 2010 to 2014  Unlock12.0%13.6%
 2000 to 200923.4%  Unlock13.6%
 1990 to 1999  Unlock11.1%13.6%
 1980 to 198916.8%  Unlock13.2%
 1970 to 1979  Unlock10.6%14.8%
 1960 to 196918.5%  Unlock13.6%
 1950 to 1959  Unlock10.9%10.0%
 1940 to 19491.6%  Unlock4.7%
 1939 or Earlier  Unlock23.3%12.2%
Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Over 2 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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Reviews for Newark    26 Reviews

Over 4 years ago

Newark is straight garbage.  More

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Newark's Ironbound is extremely dangerous, there is a lot of crime, the police are just good at hiding it. It usually doesn't happen on Ferry St., but does 1/2 block  More

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Over 12 years ago

I have worked and lived in Newark for 20 years. I raised 3 children. Two of my children went on to college, graudated with Accountant Degree and the other one in  More

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