The housing market in Newark, TX is doing particularly well with a median value of $306,300. This is significantly lower than the US House Median Value of $338,100 and represents great value for prospective buyers. In addition, the one year house appreciation in Newark, TX is much higher than the US average at 15.47%, making it an attractive investment option. People looking to buy real estate in Newark will benefit from these low prices and high returns on their investments.
The median home cost in Newark is $306,300. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Newark is up 21.8%.
Average Age of Homes
- The median age of Newark real estate is 27 years old
The Rental Market in Newark
- Renters make up 17.7% of the Newark population
- 2.8% 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.