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Housing in Newark

364 homes sold in Newark in the last year, at a typical $1.3M

About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Newark homes are listed.

Homes sold
364
June 2025 to May 2026
Typical sale price
$1.3M
houses $1.4M · condos $675K
Price per square foot
$748
California $504
Paid vs. asking
101.5%
49% sold over asking
For sale now
83
May 2026 · 32 sold that month
What sold · last 12 months

16% of Newark’s sales are condos, at $722K less than a house

255 houses and 57 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$1.4M

typical sale · 255 sold in 12 months

Per square foot
$835CA $494
Days to sell
23
Sold over asking
49%
Listings with a price cut
27%
Condos$675K

typical sale · 57 sold in 12 months

Per square foot
$539CA $561
Days to sell
44
Sold over asking
40%
Listings with a price cut
22%
Fewer sales

Multi-family (2–4 units): 3 sold, typical $908K
Townhouses: 49 sold, typical $1M

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.8 times the 2016 price

364 sales in the last year, against 617 in 2021 and a low of 341 in 2023. The typical sale went from $680K in 2016 to $1.3M.

Homes soldTypical sale price
0162325487650$575K$850K$1.1M$1.4M2012: 486 sold, typical $342K’122013: 436 sold, typical $457K2014: 428 sold, typical $550K’142015: 417 sold, typical $658K2016: 415 sold, typical $680K’162017: 439 sold, typical $767K2018: 428 sold, typical $933K’182019: 433 sold, typical $869K2020: 395 sold, typical $931K’202021: 617 sold, typical $1.1M2022: 455 sold, typical $1.2M’222023: 341 sold, typical $1.2M2024: 376 sold, typical $1.3M’242025: 362 sold, typical $1.3MLast 12 months: 364 sold, typical $1.3MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $1.3M buys in Newark

Houseat $835 a sq ft
Condoat $539 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Newark homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Newark are rarer than before the pandemic, and more homes are for sale

We read every month of Newark’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 364 sales.

If you’re buying in Newark

  • Shop in September. It brings about 43 new listings a month, close to the busiest month, with fewer bidding wars (58% over asking).
  • Less room to haggle. Only 26% of listings cut their price, against 31% before the pandemic.
  • Bid near asking. Buyers paid 101.5% of the list price on average; 49% paid over.
  • You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 25 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 53 a month), but April is the most competitive: 81% of April sales close over asking. September offers nearly as much choice with fewer homes bid up (58%). December has the least competition (55%) but only about 18 new listings.

New listings a monthShare sold over asking
013.827.541.35533%67%100%Sweet spotJan: 30 new listings a month, 63% sold over asking, 22 days to sellJFeb: 39 new listings a month, 70% sold over asking, 15 days to sellFMar: 50 new listings a month, 76% sold over asking, 12 days to sellMApr: 47 new listings a month, 81% sold over asking, 11 days to sellAMay: 53 new listings a month, 80% sold over asking, 11 days to sellMJun: 50 new listings a month, 78% sold over asking, 15 days to sellJJul: 50 new listings a month, 70% sold over asking, 16 days to sellJAug: 46 new listings a month, 65% sold over asking, 18 days to sellASep: 43 new listings a month, 58% sold over asking, 19 days to sellSOct: 35 new listings a month, 65% sold over asking, 18 days to sellONov: 23 new listings a month, 59% sold over asking, 19 days to sellNDec: 18 new listings a month, 55% sold over asking, 25 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than California

Newark now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price49%63%85%36%
Gone within two weeksShare of homes under contract within 14 days41%50%75%31%
Listings with a price cutShare of homes for sale that cut their price26%31%16%24%
Price paid vs. askingAverage sale price ÷ list price101.5%103.3%107.6%99.7%
Days to sellMedian days from listing to contract25201044
Supply

59 homes for sale on a typical day

That’s 2.6 times the 2023 low (23) and 27% more than in 2017–19.

2012: 49 for sale’122013: 36 for sale2014: 39 for sale2015: 32 for sale’152016: 39 for sale2017: 26 for sale2018: 46 for sale’182019: 68 for sale2020: 40 for sale2021: 30 for sale’212022: 43 for sale2023: 23 for sale2024: 36 for sale’242025: 58 for saleLast 12 months: 59 for saleNow
Room to negotiate

1 in 4 listings has cut its price

26% in the last year, against 31% in 2017–19 and 24% across California.

2015: 17%’152016: 21%2017: 18%2018: 29%’182019: 38%2020: 20%2021: 16%’212022: 36%2023: 20%2024: 23%’242025: 26%Last 12 months: 26%Now
Prices by type

Since 2019, houses are up 51%, condos 19%

A house typically sold for $1.4M in the last year (255 sales), a condo for $675K (57).

$525K$850K$1.2M$1.5M2013201520172019202120232025NowHouses 2013: $507K, 294 salesHouses 2014: $596K, 313 salesHouses 2015: $694K, 308 salesHouses 2016: $745K, 272 salesHouses 2017: $823K, 304 salesHouses 2018: $964K, 320 salesHouses 2019: $924K, 308 salesHouses 2020: $1M, 275 salesHouses 2021: $1.2M, 415 salesHouses 2022: $1.4M, 297 salesHouses 2023: $1.3M, 248 salesHouses 2024: $1.4M, 261 salesHouses 2025: $1.4M, 257 salesHouses last 12 months: $1.4M, 255 salesHouses $1.4MCondos 2013: $311K, 84 salesCondos 2014: $346K, 71 salesCondos 2015: $415K, 68 salesCondos 2016: $470K, 90 salesCondos 2017: $581K, 83 salesCondos 2018: $669K, 70 salesCondos 2019: $565K, 79 salesCondos 2020: $651K, 63 salesCondos 2021: $687K, 119 salesCondos 2022: $700K, 95 salesCondos 2023: $679K, 39 salesCondos 2024: $943K, 65 salesCondos 2025: $631K, 50 salesCondos last 12 months: $675K, 57 salesCondos $675K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

Newark ranks 93rd of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Newark is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Newark home costs about $7,299 a month

Mortgage
Property tax
Insurance
Rent

Price: Newark’s typical sale, last 12 months. Property tax at Newark’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Newark is affordable on local pay is on Cost of living.

Before you buy in Newark

Six things worth knowing

53

New listings in May

The month with the most choice. December has the fewest, about 18.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $1.3M home, about $8,950 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Newark, from test results, graduation and how much students grow.

Schools in Newark
31 min

Typical commute

The average one-way trip to work for people who live in Newark.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Menlo Park, Mountain View and Sunnyvale for far more

The busier markets within 25 miles of Newark, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Fremont1,278$1.5M$93354%20
Sunnyvale896$1.8M$1,20266%14
Mountain View562$1.8M$1,10464%15
Newark364$1.3M$74849%25
Union City325$1.3M$76856%22
Menlo Park308$2.9M$1,49451%18
East Palo Alto87$1.1M$79241%36

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Newark, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Newark. People who follow the town see it, and so do people comparing Newark with their own town. No commission, no listing fee.

Questions about buying a home in Newark

What do homes sell for in Newark, CA?

364 homes sold in the year to May 2026 at a typical $1.3M, $748 a square foot. Houses sold for about $1.4M, condos for about $675K.

Is Newark a buyer’s or seller’s market?

A seller’s market: 83 homes were for sale in May 2026 and 32 sold, about 2.6 months of supply. Buyers paid 101.5% of asking on average, and 26% of listings cut their price.

When is the best time to buy in Newark?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Newark?

About 0.7% of a home’s value a year. On a $1.3M home that’s near $8,950.

Where can I see homes for sale in Newark?

Zillow, Redfin, Realtor.com and Homes.com all carry Newark’s MLS listings; the search links above open each one filtered to Newark.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).