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Foreclosure Homes in Newark, OH 43055

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Newark, OH Foreclosures

How much do homes sell for in Newark, OH?
The average home price is currently $284,787.
In Newark, OH, how many homes are available?
There are currently 140 active home listings available in Newark.
What’s the average rental cost in Newark, OH?
The average rental price in Newark is $1,313.
What is the most expensive home in Newark?
The most expensive home sold in Newark had a price of $11,496,195.
What is currently the cheapest priced home in Newark, OH?
The cheapest home for sale in Newark is priced at $10,114.

Living in Newark, OH

Newark, Ohio, offers a perfect balance of small-town charm and modern amenities. With its rich history, diverse community, and abundance of outdoor activities, it's a desirable location for families and investors alike. The real estate market here is on the rise, making it an excellent opportunity for investment.

Current Market Conditions in Newark, OH

The real estate market in Newark is currently favorable for investors, with a steady increase in property values over the past few years. The city’s appeal as a suburban retreat has drawn in both homebuyers and renters, leading to a competitive market that is expected to grow.

Current trends indicate a demand for both single-family homes and multi-family units, presenting a variety of investment opportunities in the area. The local economy is showing signs of improvement, contributing to the overall strength of the real estate market.

Home Value Estimator For Newark, OH

There are currently 25,175 real estate properties in Newark, OH, with a median automated valuation model (AVM) price of $234,605.00. 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, OH, 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, OH, is $284,787.00, with the most expensive house in Newark, OH, topping out at $11,496,195.00 and the cheapest home in Newark, OH, clocking in at $10,114.00. In other words, there’s something for every potential homebuyer or savvy investor in Newark, OH!

Rent Prices In Newark, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newark, OH, is on a rollercoaster ride. The average rent price in Newark, OH, is $1,313.00. Indeed, when looking to rent in Newark, OH, you can expect to pay as little as $580.00 or as much as $3,100.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Newark, OH -- 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, OH 43055 Foreclosures

Market Trend for Newark, OH

Total Listings Available: 140

Market Values:

Home Prices from $10,114 to $11,496,195

Average Sales Price: $284,787

Rental Values:

Rental from $580 to $3,100

Average Rent Value: $1,313 / month

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