Newark, NJ metro area Housing Market
Warm MarketComprehensive housing market data for the Newark, NJ metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$595K
↑ 3.5% YoY
Days on Market
49 days
↑ 36.1% YoY
Active Inventory
3,063
↑ 6.0% YoY
Homes Sold
1,199
↓ 7.3% YoY
Warm Market
The market is active with moderate buyer demand.
Newark, NJ metro area Market Summary
The Newark, NJ metro area housing market is heating up. As of January 2026, the median home sale price is $595K, up 3.5% year-over-year. Homes are spending a median of 49 days on the market, 36.1% longer than a year ago.
There are 3,063 homes for sale — 6.0% more than last year. With 2.6 months of supply, this is a seller's market. 1,426 new listings were added during this period, down 3.3% year-over-year.
Homes are selling for 102.0% of their list price on average, indicating buyers are paying above asking. 52.9% of homes sell above their asking price. 10.4% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
54
Contributing Factors
How This Market Compares
vs. National Median
vs. New Jersey Median
Investor Takeaway
Prices are 41% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Newark, NJ metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$600K
Price per Sq Ft
$334
Sale-to-List Ratio
102.0%
Months of Supply
2.6
Sold Above List
52.9%
Price Drops
10.4%
New Listings
1,426
↓ 3.3% YoY
Pending Sales
1,153
Off Market in 2 Weeks
22.6%
Other Markets in New Jersey
New Brunswick, NJ metro area
$550K · 51d on market
Camden, NJ metro area
$370K · 47d on market
Trenton, NJ metro area
$448K · 60d on market
Ocean City, NJ metro area
$860K · 78d on market
Atlantic City, NJ metro area
$392K · 102d on market
Vineland, NJ metro area
$263K · 55d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.