The housing market in Newark, VT is very strong. The median value of homes in Newark is $202,900, which is significantly lower than the US median value of $338,100. Despite this difference, the appreciation rate for homes in Newark over the last year was 15.30%, significantly higher than the national average of 8.27%. This indicates that investing in a home in Newark could be a wise decision for those looking to enter the housing market with great returns on their investment. With its relatively low median price compared to the US, and high return potential, Newark offers an attractive opportunity for those seeking to purchase a home.
The median home cost in Newark is $202,900. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Newark is up 19.1%.
Average Age of Homes
- The median age of Newark real estate is 35 years old
The Rental Market in Newark
- Renters make up 7.3% 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.