Newark, TX Home Values & Market Trends
Real estate market trends reflect that there have been 92 transactions over the past year in Newark. The median value for residential home transactions that occurred over the previous year is $317,571.35. The number of current listings in Newark is 20, and the percentage of properties for sale in the city is 20.00%. Newark, TX currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 20 properties for sale.
Newark, TX Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 76071 | $ 379,950 $ 211/sqft |
Housing Market Summary for Newark, TX
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $340K | $310.5K | -8.69% |
| Median Sold Price | $311K | $310.5K | -0.17% |
| Homes For Sale | 21 | 16 | -23.81% |
| Homes Sold | 5 | 34 | 580.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Newark, TX
Browse Homes in Newark, TX
Newark home values range from $23,622 to $2,995,379. The median estimated value of a home in Newark is $317,571.35. The median list price of a home is 379,950, and the total count of properties in the city is 2,005.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Newark, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Newark, TX; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Newark, TX ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Newark, TX. There is 1 zips within Newark, TX; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Newark, TX. Auction homes and other auction properties account for 0% of all properties in Newark, TX. There is 1 zips within Newark, TX; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Newark, TX
Guide for Newark, TX
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
Between March 2023 and February 2024 the Houston real estate market witnessed a moderate rise in property values with mild fluctuations in the average selling price per sq ft.
The real estate market in Laredo, Texas, was going up and down last year with fluctuating property values, sale prices, and transaction volumes.