Newark, OH housing market
Homes typically sell in 50 days, close to asking.
Home values, sales, trends and how Newark compares with the towns next door — updated as new data is published.
Newark at a glance
A seller's market
Supply is tight — about 2.5 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Home prices up 64% in 5 years
The federal house price index for the ZIP code around Newark rose 64% over the past 5 years, faster than across Ohio (53%). Last year prices rose 4.8%. Carrying the Census median home value forward with that index puts the typical Newark home at roughly $355,000 today.
Show as a table
| Year | Change that year | Since 2000 | Ohio since 2000 |
|---|---|---|---|
| 2025 | +4.7% | +142% | +106% |
| 2024 | +8.1% | +131% | +97% |
| 2023 | +9.3% | +113% | +84% |
| 2022 | +17% | +95% | +70% |
| 2021 | +13% | +67% | +50% |
| 2020 | +4.6% | +47% | +35% |
| 2019 | +7.4% | +41% | +29% |
| 2018 | +5.7% | +31% | +23% |
| 2017 | +7.5% | +24% | +16% |
| 2016 | +3.7% | +15% | +11% |
| 2015 | +2.7% | +11% | +6.7% |
| 2014 | +1.4% | +8.1% | +3.1% |
| 2013 | +2.6% | +6.7% | −0.2% |
| 2012 | +1.6% | +4% | −0.4% |
| 2011 | −5.2% | +2.4% | +1.3% |
| 2010 | −3.2% | +8% | +5.1% |
| 2009 | −2.3% | +12% | +8.9% |
| 2008 | −2.1% | +14% | +12% |
| 2007 | +1.1% | +17% | +15% |
| 2006 | −1.5% | +15% | +17% |
| 2005 | +3% | +17% | +16% |
| 2004 | +4.9% | +14% | +12% |
| 2003 | +1.8% | +8.4% | +8.5% |
| 2002 | +1.3% | +6.5% | +6.7% |
| 2001 | +5.1% | +5.1% | +4.3% |
| 2000 | — | — | — |
How Newark ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 43055, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
No new homes permitted in 2012
No permits for new homes were issued in Newark in 2012. The last year with any was 2011 (27 new homes).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2012 | 0 | 0 | 0 | — |
| 2011 | 27 | 27 | 0 | $5.3 million |
| 2010 | 289 | 289 | 0 | $41.1 million |
| 2009 | 193 | 177 | 16 | $36.8 million |
| 2008 | 285 | 218 | 67 | $47.8 million |
| 2007 | 461 | 356 | 105 | $77.6 million |
| 2006 | 673 | 508 | 165 | $112.5 million |
| 2005 | 1,036 | 722 | 314 | $162.2 million |
| 2004 | 1,084 | 903 | 181 | $211.4 million |
| 2003 | 1,257 | 1,041 | 216 | $193.7 million |
| 2002 | 1,570 | 1,184 | 386 | $196.2 million |
| 2001 | 1,178 | 985 | 193 | $160.1 million |
| 2000 | 1,077 | 994 | 83 | $151.8 million |
Newark's permit office didn't report to the Census in 2012, so the 2012 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Newark and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2012 | Median income |
|---|---|---|---|---|---|
| Newark | — | +4.8%† | $1,120 | 0 | $61,670 |
| Newark | $249K | +3.4% | $1,120 | — | $78,879 |
| Granville | $518K | +3% | $1,290 | — | $135,843 |
| Madison | — | +5.2%† | $1,200 | — | $87,472 |
| Newton | — | +6.4%† | $1,110 | — | $73,061 |
| Heath | $310K | +4.6% | $1,310 | — | $71,917 |
| Granville | — | +6.1%† | $1,280 | — | $124,408 |
† FHFA price index change, where Zillow has no home value for the town.
3.1 years of income
The typical Newark home costs about 3.1 years of the town's median household income, less than across Ohio (3.5 years).
How Newark ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,120
HUD's Fair Market Rent for a two-bedroom in Newark is $1,120 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Newark pay a median of $973, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.
Studio $870 · 4 bedrooms $1,510
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (43055; Columbus, OH HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.