Zip 94560 (Newark, CA) Housing

The housing market in Newark, CA (94560) is significantly higher than the US House Median Value of $338,100. The Median Value in this area is reported to be $1,097,400. Although the 1 year House Appreciation of 8.27% for the US has been considerable, the appreciation rate of house values in Newark has been slightly lower at 5.52%. This suggests that there is still a large gap when it comes to housing prices in this region compared to the rest of the United States.

The median home cost in Newark (zip 94560) is $1,097,400. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Newark (zip 94560) is up 10.9%.

Average Age of Homes

- The median age of Newark (zip 94560) real estate is 44 years old

The Rental Market in Newark (zip 94560)

- Renters make up 30.2% of the Newark (zip 94560) population
- 0.8% of houses and apartments in Newark (zip 94560), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Newark, California	United States
	14,989.0	139,647,020.0
	48	42
	$1,097,400	$338,100
	10.9%	16.6%
	42.7%	57.0%
	141.5%	101.1%
	$7.45	$10.98
	$6,481	$2,690
	65.0%	57.4%
	4.2%	11.2%
	30.8%	31.4%
Vacant Housing
	0.8%	1.9%
	0.2%	0.4%
	0.7%	0.7%
	0.7%	0.4%
	0.8%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	0.1%	2.4%
	0.1%	2.8%
	0.0%	3.9%
	0.2%	4.5%
	2.6%	11.3%
	0.2%	13.0%
	0.4%	20.1%
	1.2%	13.6%
	3.6%	8.3%
	20.2%	9.7%
	41.3%	3.9%
	24.2%	2.2%
	2.4%	0.8%
	1.9%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	6.1%	13.6%
	16.6%	13.2%
	23.5%	14.8%
	6.1%	13.6%
	11.4%	10.0%
	1.7%	4.7%
	2.9%	12.2%

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