Housing in Newark, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$180,000
Median List Price
$549,000
Price Per Sq Ft
$133
Days on Market
48
Active Inventory
3
Months of Supply
3.0
Seller's market
Zillow Home Value
$393,727
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
100.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$133
Median List $/SF
$396
Newark vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Newark is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$234,800
Median Rent
$1,018
Total Housing Units
442
Vacancy Rate
5.2%
Owner Occupied
86.6%
Renter Occupied
13.4%
Median Property Tax
$4,753
per year
Monthly Cost (w/ Mortgage)
$1,278
Housing Types
The current median sale price in Newark, IL is $180,000 according to Redfin data. Homes spend a median of 48 days on the market. 100.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $133. The median rent is $1,018 per month (Census ACS). About 86.6% of housing units are owner-occupied. The median year homes were built is 1961. There are 442 total housing units.