REAL ESTATE MARKET

NEWARK, ILLINOIS

December 2020

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NEWARK REAL ESTATE

IS A BALANCED MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 7.5months
    To Sell All Homes Presently For Sale
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HOW MUCH DID newark BUYER PAY?

Buyers payed

Under asking price

3

Buyers payed

At asking price

0

Buyers payed

Over asking price

1

There are more newark buyers paying under asking price.
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WHY DOES newark HAVE A BALANCED MARKET?

December 2020

25

  • Active Homes For Sale

Last 12 Months

40

  • Homes Sold
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HOW newark market trend from last Year?

Active Homes For Sale

  • October 2019

    18

  • October 2020

    25

Homes Sold

  • October 2019

    9

  • October 2020

    4
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 4

CONDOS

Sold N/A
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HOW LONG DOES IT TAKE TO SELL IN newark?

newark Single Family Homes

Sell Slower In November Vs October

  • October 2020

    13 days

  • October 2020

    37 days

newark Condo, duplex & town-homes

  • September 2020

    Nothing
    Sold

  • October 2020

    Nothing
    Sold
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HOW ARE PRICES TRENDING IN newark?

Avarage list price increase

Good for seller

  • September

    $367K

  • October

    $395K

Median sold price increase

Good for seller

  • September

    $276K

  • October

    $345K
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WHAT CAN I BUY IN newark ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$188K-$266K
Bedrooms
3
Bathrooms
2
Home size
1288Sq. Ft.
$266K-$395K
Bedrooms
4
Bathrooms
2
Home size
2334Sq. Ft.
$395K-$445K
Bedrooms
4
Bathrooms
4.5
Home size
3243Sq. Ft.
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WHAT IS FOR SALE IN newark TODAY?

Single family homes for sale

Multi family homes for sale
Condos for sale

Land for sale

Townhomes homes for sale

Mobile home for sale

Parking for sale

Below market homes and deals

Short sale homes for sale

Foreclosures for sale

Homes with waterfront

Homes with pool

Homes with golf course

New construction homes

Luxury homes

All homes for sale
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newark REAL ESTATE MEDIAN SALES PRICE BY MONTH

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newark SOLD LISTINGS

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newark ACTIVE FOR SALE LISTINGS

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newark TRANSACTION VOLUME IN US DOLLARS

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newark MONTH SUPPLY INVENTORY

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Schools in newark

School Name Grand Level For Sale
lisbon grade school KinderGarden - 8th Grade View Homes For Sale
newark elementary school KinderGarden - 4th Grade View Homes For Sale
School Name Grand Level For Sale
newark comm high school 9th Grade - 12th Grade View Homes For Sale

Subdivisions in newark

Subdivision
estates of millbrook (6 for sale) View Homes For Sale
silver fox estates (4 for sale) View Homes For Sale

New For Sale in Newark

Date Address Beds Baths Sq.Ft. Price
Dec 01, 2020 5 front 3 1 0 ft2 $130K
Nov 11, 2020 107 front 4 2 0 ft2 $179K
15750 Sumner, Newark, IL 60541 Nov 29, 2020 15750 sumner 3 3 2,504 ft2 $388K
19 Shagbark, Newark, IL 60541 Nov 24, 2020 19 shagbark 3 3 0 ft2 $400K
Oct 22, 2020 10276 crimmin 3 3 1,900 ft2 $449K
Sep 14, 2020 15625 lisbon center 3 3 1,750 ft2 $940K
Sep 04, 2020 9250 chatham 4 3 2,679 ft2 $499K
Nov 21, 2020 301 van buren 4 4 3,700 ft2 $520K
Jul 29, 2020 15325 lisbon center 4 4 4,200 ft2 $600K