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Cheap Homes in Newark, NY

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Newark, NY Foreclosures

How much do homes sell for in Newark, NY?
The average home price is currently $232,907.
What’s the average rental cost in Newark, NY?
The average rental price in Newark is $1,213.
What is the most expensive home in Newark?
The most expensive home sold in Newark had a price of $31,789,702.
What is currently the cheapest priced home in Newark, NY?
The cheapest home for sale in Newark is priced at $11,865.

Living in Newark, NY

Newark, NY is a delightful village in Wayne County known for its serene atmosphere and close-knit community. Residents enjoy various local events, beautiful parks, and the convenience of living near the Erie Canal. Outdoor activities abound in this charming locale, making it perfect for nature lovers and families alike.

Current Market Conditions in Newark, NY

The Newark, NY real estate market is currently stable, with a moderate number of homes for sale and steady demand. The attractive pricing and small-town charm have lured buyers, and properties are generally staying on the market for a reasonable period before being sold.

With the rise in remote working, more families are considering moving away from larger cities and are exploring areas like Newark for more affordable housing and a quieter lifestyle.

Home Value Estimator For Newark, NY

There are currently 4,648 real estate properties in Newark, NY, with a median automated valuation model (AVM) price of $198,278.00. 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, NY, 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, NY, is $232,907.00, with the most expensive house in Newark, NY, topping out at $31,789,702.00 and the cheapest home in Newark, NY, clocking in at $11,865.00. In other words, there’s something for every potential homebuyer or savvy investor in Newark, NY!

Rent Prices In Newark, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newark, NY, is on a rollercoaster ride. The average rent price in Newark, NY, is $1,213.00. Indeed, when looking to rent in Newark, NY, you can expect to pay as little as $600.00 or as much as $2,670.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Newark, NY -- 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.

Cheap Homes in Newark, NY

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