Newark, MO is a great place to invest in housing. The median value of houses in Newark, MO is $116,000, which is significantly lower than the national median of $338,100. Although the median value is lower, house appreciation in Newark has been higher than the national average over the last year - 13.45%, compared to 8.27%. This makes Newark an attractive option for potential homeowners looking for a bargain and hoping to benefit from increasing home values in the future.
The median home cost in Newark is $116,000. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Newark is up 17.1%.
Average Age of Homes
- The median age of Newark real estate is 53 years old
The Rental Market in Newark
- Renters make up 37.5% of the Newark population
- 0.0% of houses and apartments in Newark, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.