foreclosure.com

Bankruptcy Homes in Newark, IL

Search within map
Displaying 1 - 2 of 2
 

Newark, IL Foreclosures

Current Market Conditions in in Newark, IL As of January 2026?
Over the last month, Newark's real estate market has seen a slight uptick in home sales, attributed to seasonal increases in buyer activity. More properties are being listed ahead of the holiday season, and despite rising interest rates, buyers are still looking for homes in this desirable community. The competitive nature of the market has led to some listings going into bidding wars, particularly for well-maintained homes in good locations.
How much do homes sell for in Newark, IL?
The average home price is currently $417,187.
In Newark, IL, how many homes are available?
There are currently 2 active home listings available in Newark.
What’s the average rental cost in Newark, IL?
The average rental price in Newark is $1,738.
What is the most expensive home in Newark?
The most expensive home sold in Newark had a price of $3,422,953.
What is currently the cheapest priced home in Newark, IL?
The cheapest home for sale in Newark is priced at $15,984.

Living in Newark, IL

Newark, Illinois is a tranquil village that offers a warm community atmosphere ideal for families. With its scenic parks, local shops, and strong school system, it serves as a great place to live, enjoy outdoor activities, and connect with neighbors. Its proximity to larger towns enhances resident access to various amenities.

Buyer vs Seller Market in Newark, IL

The real estate market in Newark, IL, has shown steady growth over the past few years, driven by an increase in demand for affordable housing and rural living. Home prices have remained relatively stable, with a slight upward trend observed as more buyers look to move away from crowded urban environments.

Currently, Newark sees a mix of traditional homes and new developments as families explore the benefits of suburban living. The average time a home stays on the market is generally shorter than it used to be, indicating growing interest in the area.

Home Value Estimator For Newark, IL

There are currently 1,298 real estate properties in Newark, IL, with a median automated valuation model (AVM) price of $345,634.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Newark, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Newark, IL, is $417,187.00, with the most expensive house in Newark, IL, topping out at $3,422,953.00 and the cheapest home in Newark, IL, clocking in at $15,984.00. In other words, there’s something for every potential homebuyer or savvy investor in Newark, IL!

Rent Prices In Newark, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newark, IL, is on a rollercoaster ride. The average rent price in Newark, IL, is $1,738.00. Indeed, when looking to rent in Newark, IL, you can expect to pay as little as $850.00 or as much as $3,600.00, with the average rent median estimated to be $1,690.00. The good news is that finding an affordable and desirable property to rent in Newark, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Newark, IL Bankruptcy Homes


Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.