Newark, CA Housing Market
The Newark housing market is most competitive. Homes in Newark receive 7 offers on average and sell in around 8 days. The median sale price of a home in Newark was $1.4M last month, up 14.0% since last year. The median sale price per square foot in Newark is $879, up 12.0% since last year.
Newark Housing Market Trends
In April 2024, Newark home prices were up 14.0% compared to last year, selling for a median price of $1.4M. On average, homes in Newark sell after 8 days on the market compared to 9 days last year. There were 40 homes sold in April this year, up from 27 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Newark housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 10% above list price and go pending in around 8 days.
- Hot homescan sell for about 18% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 9% above list price and go pending in around 8 days.
- Hot homescan sell for about 17% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 5% above list price and go pending in around 11 days.
- Hot homescan sell for about 10% above list price and go pending in around 7 days.
Newark Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Newark from outside metros.
- New York homebuyers searched to move into Newark more than any other metro followed by Santa Barbara and Pensacola.
- 78% of Newark homebuyers searched to stay within the Newark metropolitan area.
- Sacramento was the most popular destination among Newark homebuyers followed by Los Angeles and San Diego.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 284 | ||
2 | 132 | ||
3 | 32 | ||
4 | 18 | ||
5 | 9 | ||
6 | 6 | ||
7 | 5 | ||
8 | 4 | ||
9 | 4 | ||
10 | 3 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 11,547 | ||
2 | 3,710 | ||
3 | 2,697 | ||
4 | 2,406 | ||
5 | 1,737 | ||
6 | 1,562 | ||
7 | 1,551 | ||
8 | 1,348 | ||
9 | 1,335 | ||
10 | 1,280 |
Home offer insights for Newark
Recent offers
- Offer Not Accepted|5 Weeks Ago~$1.5M OfferSold for $1.75M5 bd | 4.5 ba | ~2,500 sqftOver List Price3%Days on Market8Competing Offers9Down Payment~30%
- Offer Not Accepted|5 Weeks Ago~$1.5M OfferSold for $1.75M5 bd | 4.5 ba | ~2,500 sqftUnder List Price2%Days on Market8Competing Offers5Down Payment~20%
- Offer Not Accepted|6 Weeks Ago~$1.5M OfferSold for $1.5M3 bd | 2 ba | ~1,250 sqftOver List Price25%Days on Market4Competing Offers4Down Payment—
- Offer Not Accepted|10 Weeks Ago~$10M OfferSold for $1.25M4 bd | 3.5 ba | ~2,000 sqftOver List Price910%Days on Market7Competing Offers21Down Payment—
View houses in Newark that sold recently
Recently sold homes
- $1,222,000 Last Sold Price3 beds2 baths1,144 sq ft36376 Cedar Blvd, Newark, CA 94560List Price$1,190,000Sale to List3% over listDays on Market42 days36376 Cedar Blvd, Newark, CA 94560
- $1,500,000 Last Sold Price4 beds2 baths1,360 sq ft36509 Blackwood Dr, Newark, CA 94560List Price$1,349,000Sale to List11% over listDays on Market27 days36509 Blackwood Dr, Newark, CA 94560
- $1,325,000 Last Sold Price3 beds2.5 baths1,752 sq ft6214 Potrero Dr, Newark, CA 94560List Price$1,290,000Sale to List3% over listDays on Market48 days6214 Potrero Dr, Newark, CA 94560
- $1,360,000 Last Sold Price3 beds2 baths1,080 sq ft37041 Maple St, Newark, CA 94560List Price$1,200,000Sale to List13% over listDays on Market30 days37041 Maple St, Newark, CA 94560
- $825,000 Last Sold Price3 beds2 baths1,473 sq ft6328 Buena Vista Dr Unit A, Newark, CA 94560List Price$799,000Sale to List3% over listDays on Market43 days6328 Buena Vista Dr Unit A, Newark, CA 94560
- $2,000,000 Last Sold Price4 beds3 baths2,416 sq ft8568 Tailwind Ave, Newark, CA 94560List Price$1,890,000Sale to List6% over listDays on Market52 days8568 Tailwind Ave, Newark, CA 94560
- $1,750,000 Last Sold Price5 beds4.5 baths2,573 sq ft9683 Seawind Way, Newark, CA 94560List Price$1,499,000Sale to List17% over listDays on Market35 days9683 Seawind Way, Newark, CA 94560
- $1,125,000 Last Sold Price3 beds2 baths1,200 sq ft5158 Elmwood Ave, Newark, CA 94560(415) 233-8333List Price$888,000Sale to List27% over listDays on Market41 days5158 Elmwood Ave, Newark, CA 94560
See all recently sold homes in Newark.
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Schools in Newark
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Joseph Azevada Elementary School Public • K-6 | 650 Students | 10 reviews |
8/10 Forest Park Elementary School Public • K-6 | 1011 Students | 6 reviews |
7/10 Oliveira Elementary School Public • K-6 | 695 Students | 14 reviews |
7/10 Patterson Elementary School Public • K-6 | 746 Students | 25 reviews |
7/10 John G. Mattos Elementary School Public • K-5 | 492 Students | 23 reviews |
Climate's impact on Newark housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Newark.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Newark
Walk Score®
Transit Score®
Bike Score®
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