Is now a good time to buy a home in Newark, NJ?
The typical home value in Newark, NJ is $485K as of Aug 2026 (Zillow Home Value Index), down 0.5% from a year earlier. Over five years prices have compounded at +3.8% a year. Prices are 14.8% below their 10-year trend line.
Newark, NJ price trend & forecast
Frequently asked questions
Is now a good time to buy a home in Newark, NJ?
As of Aug 2026, our buy-timing signal for Newark, NJ is ACCUMULATE — prices are near fair value with a modest expected change (+0.3% over 12 months). Buy opportunistically and negotiate on price. Seasonally, prices tend to be softest around Dec 2026. Buy-timing score: 68/100.
Will home prices in Newark, NJ go down in 2027?
The model projects +0.3% over the next 12 months: about $487K by Aug 2027, with an 80% range of $475K–$499K (today $485K). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the average home price in Newark, NJ?
The typical (mid-tier) home value in Newark, NJ is $485K as of Aug 2026, -0.5% year over year.
What is the cheapest time of year to buy in Newark, NJ?
Historically, prices in Newark, NJ run lowest in December, about 1.1% below the annual average, and highest in July.
Other cities in New Jersey
Source & method
Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.