The Southwest Newark housing market is somewhat competitive. The median sale price of a home in Southwest Newark was $200K last month, up 17.0% since last year. The median sale price per square foot in Southwest Newark is $157, up 9.4% since last year.
What is the housing market like in Southwest Newark today?
In March 2024, Southwest Newark home prices were up 17.0% compared to last year, selling for a median price of $200K. On average, homes in Southwest Newark sell after 41 days on the market compared to 36 days last year. There were 43 homes sold in March this year, up from 35 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$200,000
+17.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Newark, OH
$200,000
+17.0%
United States
To compare other locations to the Southwest Newark and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Newark add value to a home.
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How hot is the Southwest Newark housing market?
Southwest Newark is somewhat competitive. Homes sell in 46 days.
0
100
54
Somewhat Competitive
Redfin Compete Score™
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
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 46 days.
Hot homes
can sell for about 2% above list price and go pending in around 35 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.7%
+0.8 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Newark, OH
98.7%
+0.8 pt
United States
Home offer insights for Southwest Newark
Explore recent offers and recently sold homes in Southwest Newark
Recent offers
View houses in Southwest Newark that sold recently
Recently sold homes
SOLD APR 26, 2024
$270,500 Last Sold Price
2 beds
2 baths
1,544 sq ft
61 Stone House Ct, Newark, OH 43055
Carol Marr • RE/MAX Premier Choice, (740) 920-4463
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Southwest Newark housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Newark.
Risk Factor
Flood Factor - Moderate
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Newark has a moderate risk of flooding. 571 properties in Southwest Newark are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in Southwest Newark. Flood risk is increasing faster than the national average.
21% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest Newark has a moderate risk of wildfire. There are 1,665 properties in Southwest Newark that have some risk of being affected by wildfire over the next 30 years. This represents 21% of all properties in Southwest Newark.
Southwest Newark has minimal risk of severe winds over the next 30 years
Wind Factor
Southwest Newark has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Southwest Newark has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Southwest Newark have a Moderate Heat Factor®.
Southwest Newark is expected to see a 157% increase in the number of days over 99ºF over the next 30 years. Southwest Newark is expected to experience 7