The housing market in Newark, WI is booming! The median value of homes in Newark is currently $302,200, which is lower than the US median house value of $338,100. However, the one-year appreciation rate for houses in Newark is higher at 12.97%, compared to the US average of 8.27%. This indicates that investing in a home in Newark could be a good bet for those looking to get into the real estate market and take advantage of the increasing values.
The median home cost in Newark is $302,200. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Newark is up 15.0%.
Average Age of Homes
- The median age of Newark real estate is 47 years old
The Rental Market in Newark
- Renters make up 2.1% 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.