The story of this market
The typical home in Newark, Ohio sells for about $219,233, or $177 per square foot.
Prices are up +3.3% from a year ago, so sellers still have some momentum. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,226 a month.
Monthly price momentum
Home values since 2015
+3%
OH · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Newark, Ohio
Newark's housing market is currently balanced, characterized by a median sale price of approximately $219,233 and a healthy supply of inventory. While sellers have attempted to push prices higher, buyer resistance to overpricing per square foot has kept the market grounded. The city remains an affordable alternative to the Columbus metro area, supported by steady demand and a stable local economy.
No ARED county foreclosure postings attributed to Newark yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 2.3% year over year.
Homes spend a median of 38 days on market with 0.6 months of supply — a fast-moving market.
27% of listings have cut prices · homes sell at 71.44% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 12.3% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
The river provides scenic beauty and recreational opportunities, serving as a central natural anchor for the city's park and trail system.
The historic downtown area serves as the city's cultural and commercial core, featuring preserved architecture and local businesses.
Newark is well-suited for family buyers and those seeking an affordable, stable community with a high owner-occupancy rate, offering a balance between small-town character and access to the Columbus metro area.
Newark is located 33 miles east of Columbus, with regional connectivity provided by highway corridors linking the city to the broader Columbus metropolitan area.
The city features a historic downtown, extensive bike paths, and scenic walkways along the Licking River, providing a mix of outdoor and cultural amenities.
The rental market shows a year-over-year rent increase of 3.7%, with a median asking rent of $1,226, significantly lower than the national average.
The local economy is supported by a labor force of approximately 29,500, with a mix of local industry and service sectors benefiting from the city's role as the Licking County seat.
Newark serves as a regional hub 33 miles east of Columbus, benefiting from its position at the forks of the Licking River and proximity to the state capital's economic expansion.
The area is identified as a high-risk zone for radon, with EPA-recommended testing and mitigation for indoor levels.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Ohio) — Real Property Tax Assessment: Property is assessed at 35% of its true market value. The tax is calculated by multiplying the assessed value by the effective tax rate (millage) of the local taxing district.
Data sourced from U.S. Census Bureau and local market reports.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.