$3,561 Closing Credit*
$299,900
1,600 SqFt
3 Beds
•2 Full Baths
Megan Elizabeth Carpenter, Listing Office: Tesla Realty Group, LLC
Housing Prices in Newark, MD
How much do homes in Newark, MD cost?
Median List Price
$339,900
$225/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$10,000(+3.0%)
Key Takeaway
The list price of homes in Newark has increased by 3% since last year.
Summary: The median home list price in Newark was $339,900 in October 2024, up 3% from the previous year, and the median price per square foot was $225.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $380K | N/A |
| 3 Bedrooms | $309.9K | $334.9K | +8.1% |
| 4 Bedrooms | $425K | $425K | 0.0% |
| 5+ Bedrooms | $225K | $225K | 0.0% |
Summary: Newark housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Newark, MD
How many homes are available in Newark, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Newark real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Newark housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Newark, MD
How long does it take to sell a home in Newark, MD?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 329 Days | 462 Days | +40.2% |
Summary: Homes in Newark had an average listing age of 462 days in Oct 2024, up by 40.2% compared to the previous year.
