The Northwest Newark housing market is somewhat competitive. The median sale price of a home in Northwest Newark was $250K last month, down 9.81% since last year. The median sale price per square foot in Northwest Newark is $188, up 30.4% since last year.
What is the housing market like in Northwest Newark today?
In October 2024, Northwest Newark home prices were down 9.81% compared to last year, selling for a median price of $250K. On average, homes in Northwest Newark sell after 42 days on the market compared to 39 days last year. There were 94 homes sold in October this year, down from 112 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$250,000
-9.81% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Northwest Newark, OH
$250,000
-9.81%
United States
To compare other locations to the Northwest 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 Northwest Newark housing market?
Northwest Newark is somewhat competitive. Homes sell in 41 days.
0
100
60
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 41 days.
Hot homes
can sell for around list price and go pending in around 28 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.1%
-0.34 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Northwest Newark, OH
99.1%
-0.34 pt
United States
View houses in Northwest Newark that sold recently
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 Northwest Newark housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Northwest Newark.
Flood Factor - Minor
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Northwest Newark has a minor risk of flooding. 1,346 properties in Northwest Newark are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in Northwest Newark. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Northwest Newark has a moderate risk of wildfire. There are 281 properties in Northwest Newark that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Northwest Newark.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Northwest Newark has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Northwest Newark is most at risk from hurricanes. 9,650 properties in Northwest Newark have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 45 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 54 mph.
99% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Northwest Newark has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Northwest Newark have a Moderate Heat Factor®.
Northwest Newark is expected to see a 171% increase in the number of days over 99ºF over the next 30 years. Northwest Newark is expected to experience 8